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1 Presented by: Seyed Mohseni Website: www.samad-power.co.uk Email: [email protected] Innovation Greener planet Customers benefit Automatic growth Stakeholder wealth Strategic green innovation to create financial gains for stakeholders

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Page 1: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

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Presented by: Seyed MohseniWebsite: www.samad-power.co.ukEmail: [email protected]

Innovation

Greener planet

Customers benefit

Automatic growth

Stakeholder wealth

Strategic green innovation to create financial gains for stakeholders

Page 2: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

Key opportunities

Change of energy environment in global level

Make a significant contribution towards the reduction of

carbon emissions

The Electricity Market Reform, the Heat Strategy and

the development of a smarter grid, are designed to

replace current infrastructure

Solution

A game changing micro turbine CHP boiler the deliver

a superior techno-economical solution

Benefits to domestic consumers (The results for an average UK household)

25% higher energy efficiency than conventional units

Average of £800 of revenue generation via saving in

energy bills and FIT

Up to 2 tonnes of annual CO2 reduction

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Business proposition

Page 3: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

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Executive management:

• CEO: Dr Seyed MohseniSerial entrepreneur with over 15 years of successful track record

• CFO: Nayab HaiderEx KPMG accountant with 40 years of relevant experience

• CTO: Dr Esmail NajafiManaged technical project in automotive and aerospace sector for last 10 years

Advisors: 6 industrial and academic consultants

Partners:

Supporters: A number of Angel investors and Grants through governments bodies

Team

Page 4: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

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Page 5: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

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Micro CHP is the Combined generation of Heat and

Power in very small scale

What is micro CHP?

What has stopped mass deployment of micro CHPs?

Existing micro CHP systems are generally very expensive

Risk for high maintenance cost substantially reduces the saving

Baxi Viessmann

Ecopower

Page 6: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

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A dual function micro CHP boiler has been developed to

generate 2 kW of electricity and 10 to 12 kW of heat.

£2.0 m has been invested in the development so far by the

executive management team, Government bodies and few BA’s

Technology: Superior gas burning micro gas turbine with over 90% system efficiency

Life:15 years and guaranteed for 5 years

Anticipated sale price: £2300

Advantages over other micro CHP technologies

1. Lighter, highest reliability and availability

2. Highest power density

3. Tri-generation is possible (Combined heat, power and cooling)

IP: Two patent granted and two more are pending

Other applications: Automotive, Aerospace, Marine, Air-conditioning

Product

Page 7: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

Progress Based on the Plan:

3D Design - 1

W: 554 mm

H:

95

0 m

m

Page 8: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

Progress Based on the Plan:

3D Design - 2

Page 9: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

Progress Based on the Plan:

3D Design - 3

Page 10: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

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Micro CHP technologies (competition)

Marketprice

Maintenance cost

Payback

Time to market

Player Quantity sold

Stirling engine-1kW-2kW

£6000< High 6yrs< 2010 Baxi, Inspirit

1000>

Rankine cycle-1kW

£4000< Medium 6 yrs 2013 Flow energy, OTAG

500>

Fuel cell-1kW- 2kW

£6000< Low ? 2014 Ceres Power, Vailant,Ballard, Blugen

Field Trial ~1000

Gas engine-4kW- 15kW

£7000< High 8yrs 2010 Yanmar, Ecopower

?

Micro turbine 2kW -3kW

£7,000 Low 7yrs 2015 MTT 12 field test

£2,300 Low 4yrs> 2016 Samad Power

Certification

Page 11: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

Commercial analysis

Market size: 1.5 m domestic boilers sold in UK and 50 m in global market

Market structure: UK market is dominated by big players (Baxi, Vailant, Worcester Bosch and

Ariston)

Competition: Five other micro CHP boiler developers working on different technologies (our

differentiation is superior technology and economic benefits)

Routes to market: 1. Energy utility companies 2. New home developers

3. Conventional route 4. Energy agreement model (Boiler for free) & Supply of MGT to the boiler OEMs

Exit routes: 1. Trade Sale 2. AIM listing

Proposition• £3.0 m investment for production (To be matched with £1.0 m loan and £2.8 m UK

government grant)

• 7 to 10 fold return on investment in 4 years

Figures are in £,000 2016 2017 2018 2019 2020Volume 500 2000 5000 10000 50000

Sale £2,900 £7,073 £12,734 £20,287 £101,438Cost of Sale £2,900 £5,441 £8,489 £13,525 £54,100Gross Profit £0 £1,632 £4,244 £6,762 £47,338

Interest £50 £50 £50 £50 £50Earning Before

Taxes-£50 £1,582 £4,194 £6,712 £47,288

Net Profit -£50 £1,582 £4,194 £6,712 £47,288

Page 12: Strategic green - rushlightevents.com€¦ · Fuel cell-1kW- 2kW £6000< Low ? 2014 Ceres Power, Vailant, Ballard, Blugen Field Trial ~1000 Gas engine- 4kW- 15kW £7000< High

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Demonstration of Samad Power products and technology

at Ecobuild exhibition in London