SULIKO ROBOTICS GROUP
AUTONOMOUS MECHANISATION OFAGRICULTURE FOR EURASIA
• Shortage of skilled tractor and harvester drivers a perennial problem in the Eurasian Economic Union.
• Alcohol-related accidents, theft of fuel and grain by machinery operators in Eurasian Economic Union a major cause of loss.
• Fully autonomous tractors and harvesters, designed from the ground up to operate driverless, are the answer.
• American R&D company ATC have perfected both retrofit kits for existing tractors, and fully driverless tractor technology; the “Spirit” Autonomous Tractor.
• Now licensing to manufacturers in USA and Canada.• Suliko Robotics Group Ltd, an Australian-owned company based registered in
Hong Kong, is negotiating the manufacturing and distribution rights for two key markets, the European Union and the Eurasian Union.
• Suliko Robotics Group's sister companies in Hong Kong and Georgia have a 20-year track record in agricultural engineering, farm technology adaptation, farmsoftware development and machinery manufacture.
• Major markets in Eurasian Union anticipated; Russia, Kazakhstan, Belarus.
Suliko robotics eurasia
• Armenia has developed an advanced robotics sector in the past decade, and firms from around the globe turn to Armenian engineering firms for innovation, system integration and testing activities in robotics.
• Armenia is a member of the Russian-sponsored Eurasian Economic Union, and has free trade with Russia, Kazakhstan, Belarus, and several smaller Central Asian states. Armenia is not under sanctions from EU or USA and has GSP.
• Armenia also has a free trade agreement with Iran.• While landlocked, Armenia has good road networks with Russia via Georgia,
and with Iran.
• Suliko Robotics Group Limited will form a Special Purpose Vehicle for Armenian operations, registered in Luxembourg, Suliko Robotics Eurasia Limited.
• Suliko Robotics Eurasia shall develop a 1200 m2 assembly line in Yerevan's Free Economic Zone at the RAO Mars site, in which profits tax is set at 0%.
• Suliko Robotics Eurasia will also acquire a test vineyard in Aragatsotn for contract field testing of retrofitted robotic grape pickers on behalf of ATC.
• When production exceeds 15 tractors a week, a new assembly line capable of producing 200 tractors a week will be developed in the Free Economic Zone, funded by OPIC.
• Distribution and post-sales service in Russia, Belarus and Kazakhstan will be accomplished by machinery distributors in those countries.
• Total funds required to build and commission factory, operate to capacity, develop distribution network, and operate test farm, is USD$16 million.
• The initial workshop shall employ 15 assembly line workers, 5 administrative staff, a sales and marketing team of 6 people and a field testing/system integration team of 2 engineers.
• The 200 unit-per-week assembly line will employ 70 assembly-line workers.• The factory will source diesel-electric engines from Russia and the robotic
“brain” from USA, but most of the electronics, chassis, bodywork, fuel system,and wheel motors will be manufactured in Armenia, either sourced from existing military manufacturers/engineering works, or built in house.
• System integration and field testing of novel applications of autonomous farm machinery are expected to substantially increase Armenia's indigenous talent inthis fast-growing market sector.
• Suliko Robotics Group Limited is seeking investment from equity investors up to USD$16 million to commission the basic assembly line, develop the distribution network, fund in-house R&D, localise software and service manuals, train maintenance staff and take the operation to 60 tractors a monthproduced.
• Exit for investors is in Year 7, based on either a trade sale to a major farm machinery company with deficiencies in its own robotics programme, or a stock market listing in Hong Kong.
• Undiscounted 7-year IRR for investors is calculated at 35%
For more details, contact Dr Simon Appleby on [email protected]
Autonomous Tractor Corporation
© 2015 Autonomous Tractor Corporation 2
Navigation technology to drive autonomous vehicles
Fail-Safe
More reliable than GPS
More accurate
No driver
Simple to use
© 2015 Autonomous Tractor Corporation 3
Technology that reinvents agricultural practices
Half the cost
Less labor
Easily multi-
tasks
© 2015 Autonomous Tractor Corporation 4
Diesel-electric technology – cheaper and more efficient
Half the cost
Half the weight
Repairable by
the farmer
Longer service
life
20% more fuel-
efficient
© 2015 Autonomous Tractor Corporation 5
Our focus is technology for tractors, not cars or trucks
$125B equipment
market
Major labor shortage
Need to double ag
output by 2050
Bigger is not the
answer
Rural setting
favorable for
autonomy
© 2015 Autonomous Tractor Corporation 6
Intellectual Property – 3 key patents
Navigation: GPS
+ proprietary non-
GPS electronics
system
Control: Artificial
Intelligence
software provides
fail-safe control
and safety
Power: 100+ hp variable
frequency drive wheel
motors
Tools
Bay
Mower: floating head,
“smart” electric drum
mower
1
23
© 2015 Autonomous Tractor Corporation 7
Products
APS – navigation
technology eases
drivers out of the cab of
existing auto-steer
tractors
Spirit – revolutionary
tools for mowing and
weeding using APS
technology
© 2015 Autonomous Tractor Corporation 8
2015 – auto-pilot system for existing vehicles
Ease the driver out of the cab in 3
steps:
1. Steering and safety
2. Implement control
3. Engine control
Technology fuses five-sensors and
makes the tractor fail-safe:
1. Sonar
2. Wheel encoders
3. IMUs
4. Field transponders
5. GPS
On-vehicle
Array
Field
Transponder
© 2015 Autonomous Tractor Corporation 9
2016 – autonomous, single-pass alfalfa combine
Alfalfa production
today: three passes
#1 Mow
and
Condition
#2 Rake
and Sun
Dry
#3 Bale
The future of farming:
one pass with no driver
#1 Mow
and
Condition
#2 Dry
#3 Bale
(Power)
(Power)
© 2015 Autonomous Tractor Corporation 10
Dramatic improvements to farmer economics
Fewer passes, lower equipment costs and higher crop value due to better
production methods yields more than 2X net income to farmers
Today’s Hay Economics (per acre)
Revenue
Chemicals
Mow / condition
Rake
Bale
Overhead
Interest
Land
Net Income
Future Hay Economics (per acre)
Revenue
Chemicals
Mow / condition
Rake
Bale
Overhead
Interest
Land
Net Income
$550
$ 57
$ 20
$ 4
$ 57
$ 20
$ 20
$150
$250
$860
$ 57
$ 7
$ 1
$ 20
$ 15
$ 15
$150
$620
© 2015 Autonomous Tractor Corporation 11
2016 – autonomous, weed electrocution system
Full perimeter
safety and no driver
Up to 450 kW of
power
Chemical-free weed
control
Kills emerged and
chemically-resistant
weeds as well as
dormant seeds
Previous weed electrocution efforts failed due to insufficient
power and safety concerns
© 2015 Autonomous Tractor Corporation 12
Milestones achieved with in-field demonstrations
2
1
Sub-inch accuracy in re-tracing
a “trained path”
Perimeter safety, iPad control
and wheel motor durability
© 2015 Autonomous Tractor Corporation 13
Outsourced business model is capital efficient
ATC is a tech, innovation
and engineering company
We license or sell our
technology to partners to
leverage their existing
commercial infrastructure
© 2015 Autonomous Tractor Corporation 14
Experienced team – more than 10 successful
technology and hardware startups to their credit
• Kraig Schulz – President and CEO 20 years of academic and professional work in agriculture and
bio-sciences
Extensive consulting management and transactions work at
Ernst and Young and Leerink Swann
• Terry Anderson – Founder and Chief System Architect Founder of seven successful technology companies including
Ancor Communications Corporation, sold to Q-Logic for $1.9B
Author and contributor to numerous patents including a rare
Genesis Patent
• Robert Cornelius – Chief Software Architect PhD (ABD) Mechanical Engineering, Stanford University
Co-founder of Ancor Communications and prior companies with
Terry
• Frank Artner – Chief Hardware Engineer B.A.Sc, M.A.Sc Electrical Engineering, University of Toronto
Principal Design Engineer at Ancor
Principal Hardware Engineer at Digi International
© 2015 Autonomous Tractor Corporation 15
Market size
$2B
Installed
base of
auto-steer
tractors
$4B
Global
mowing
equipment
sales
$30B
Global
agricultural
herbicide
sales
© 2015 Autonomous Tractor Corporation 16
Financial projections
© 2015 Autonomous Tractor Corporation 17
Financing History and Needs
• 2012 – raised $1M from friends and family
− Produced 1st prototype, shown at a major ag show
• 2013 – raised $1M from insiders
− Produced 2nd prototype that was successfully tested in-
field under remote control
• 2014 – raised $2M from strategic partner
− Simple debt (due Aug. 2016)
− No warrants or restrictions on IP
− Produced 3rd prototype that was successfully tested in
the field under autonomous control
© 2015 Autonomous Tractor Corporation 18
Use of capital: 2015-2016
$5M to commercialize APS and finish development of
two intelligent tools
− Add to software team to accelerate APS auto-
pilot commercialization
− Select a commercial partner for auto-pilot
system and install 100 beta units on existing
tractors
− Build prototype single-pass mower combine
− Build prototype weed electrocution system
© 2015 Autonomous Tractor Corporation 19
For further information please contact:
Kraig Schulz, President and CEO
4302 13th Ave South
Fargo, ND 58103
203-993-0828
www.autonomoustractor.com
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