Green Earth Aerogel Technologies (GEAT Inc.)

www.green-earth-aerogel.com

Manufacturer of advanced materials from rice wastes and husk with applications in energy efficiency insulation, energy storage capacitors, and plasma energy heat source

• Cleantech company based in NA and Europe• Good technical team• Pilot project and sample sales • Constant product innovation• Learning from customers

Introduction

• Policy makers and civil society demands• Nanotechnology application growth• Emerging market with implications for established

markets•High growth and innovation

Background

We manufacture aerogel from rice wastes & rice husk with applications in:

1. energy efficiency (insulation)2. energy storage (capacitors) 3. plasma energy (clean) heat source

Green Earth Aerogel Technologies Inc. (GEAT Inc.)

GEAT Inc. Business model

1. Sales of aerogel to OEM Companies2. Licensing our technology to selected strategic partners3. Royalties from sales of the products that use our technology4. Closing insulation contracts to selected customers

Technology to Product

1000 Kg. Rice husk = 2 cubic meters silica aerogel

Self

suffi

cient

Competitive Advantages

ExpandedPoly-styrene

ROCKWOOL

Low Conductivity

Thin Insulation

Fireproof

Translucent

Low Production Cost

Eco-friendly

Traditional Method•TEOS/TMOS Precursor (chemical)•Gelatination•Supercritical Drying•Characterization• Complex equipment• Limited location

Toxic and Expensive

GEAT Method•Bio (plant based precursor)•Gelatination•Evaporation/Sublimation•Characterization• Simple equipment•Located near rice fields

Eco-friendly & Economical

Technology Comparison

CleanTech Advantages

• Waste to Useful Material conversion• CO2 Emission reduction through energy efficiency

2/3 of energy consumption in buildings is used for heating and cooling

41% of all energy in EU is used by buildings• CO2 neutral aerogel production process• CO2 sequestration via rice cultivation• Potential to sell Carbon credits• Green Jobs

•Manufacturers that use insulation products eg. Panasonic refrigerators, LG freezer, Oven manufacturers Siemens

• Petroleum companies –eg. Ultra-thin insulation for petroleum pipes

• Original Equipment Manufacturers (OEM)-e.g. Military equipment manufacturer (jackets, space suits, aviation coatings )

•Car manufacturers that need insulation solutions eg. Nissan, Honda and Volkswagen.

Our customers are:

Carbon aerogel absorbers

Carbon aerogel capacitors

examples Aerogel applications

Our aerogel product applications

Petroleum pipe insulation Vehicle and cars insulation

Building insulationrefrigerator insulation

Market for aerogel*

• Market sizeo $83m in 2008, projected to reach $650m in 2013o CAGR of approx. 50%o Consumes 12,500 metric tonso Insulation materials market - $32Bn – includes

styrofoam

• Market segmentso Thermal and acoustic applications account for 70%o More developed in US than in Europe o

• Major producerso Aspen Aerogels and Cabot Corp. based in the US

• Major market challengeso Product certificationo Product performance

* Werner and Brand, Observatory Nano, April 2010

Market for aerogel

Source: Werner and Brand, Observatory Nano, April 2010

Growth story

• Patent filedo WO/2010/128294 on 11 November 2010o WIPO under the Patent Cooperation Treaty

• Pilot in Spaino Since late 2011o Pilot plant installed with 5 cubic meter/ month capacity

• Incorporation in Canadao October 29, 2012o Corporation number: 833736-5

• Sales and assetso $4,000 in sales in 2012o $5,320 in assets (equipment)

The team

Engr. Fortunato Cárdenas CTO & Founder Masters in Material Science & Nanotechnology UAB

Engr. Irati GolvanoTeam MemberMasters Nanotechnology Msc. Photonics and electronicsUAB

Dr. Joan PiniellaFaculty AdvisorDepartment of CrystallographyUAB

Jerome KistingCEO & Co founderMBAGEAT Inc. Canada

GEAT SL Spain(subsidiary company)

GEAT Inc. Canada(Parent company)

Partners:

Next steps

• Secure financing o IAF and private investors

• Recruito Business development o Sales

• Manufacture in Ontarioo Lease space o Build plant