Nickel Zinc (NiZn): An Ideal Battery Technology for Advanced Micro ...
Company Presentation July 2015
Confidential
1
110 Years to Reach Tipping Point… 1901
+ Thomas Alva Edison was awarded U.S. Patent 684.204 for a rechargeable Nickel-Zinc (NiZn) battery system
1993
T.A. Edison Reversible Galvanic Battery
+ Morris Eisenberg, Chemist, formulates a new electrolyte that enables a significant increase in charge cycles
2001
+ Jeff Phillips, PGx Founder, extends the Eisenberg work and is able to stabilize and advance the technology thereby enabling the commercialization of NiZn
2011
+ The technology is ramped and multiple niche commercial applications are supplied by PowerGenix and the technology matures.
Tipping point – Automotive Stop-Start …
Edison, The first NiZn car battery Confidential
2
Leadership Team Tod Higinbotham
• •
Grew materials technology company and sold for over $1 billion Executive VP/GM of ATMI • Launched multiple new materials businesses • Extensive experience in penetrating new markets
• • • •
Founder Ph.D. in Electrochemistry Over 25 years of related industry experience Former PowerBook Technology Manager at Apple
• • • •
Over 13 years of related experience MSEE – Power Electronics MBA, Technology Management Engineering roles at Bosch Battery Systems and Ovonic Battery Company
• • • •
20 Years experience in battery technology and manufacturing Applied Electrochemical Engineering Former GM of Nickel Metal Hydride and Li-Ion businesses Expert in battery scale-up and manufacturing
Chief Executive Officer
Jeff Phillips Chief Technology Officer
Salil Soman Vice President, Product Marketing
LinJun Wang Vice Chief Engineer
Confidential
3
Commercialization Underway and Ramping Technology Development
Product Validation
Commercialization
50th Patent Issued
PowerGenix Inception
1985-1995
2003
WW Licensing Agreement With EnerSys
1Million
Battery Qualification
Cells Shipped (2,475 kWh)
2005
2007
2009
Cylindrical Product Development
2010
2011
2012-2014
Auto OEM Contracts
Technology Incubation (Prismatic) “100 Best Products” Confidential
4
Global Structure THE BEST OF BOTH WORLDS China
100% WOFE
U.S.
STRUCTURE
+ Research & Development + Engineering + Pilot Production + Optimal Cost Structure and Proximity to Supply Chain
+ Excellent Access To Highly Skilled BENEFIT
Engineering Resources
+ Advantaged Access to Attractive Chinese Markets
+ Partnerships to Mass Produce Batteries
+ + + +
Business Development Finance & Marketing Administration Access to North American Markets
+ Technology Access + Access to U.S. Capital Markets
+ Licensing Agreement Signed With EnerSys
for Global Markets
Confidential
5
World’s Largest NiZn IP Portfolio
104 Patents Filed and 62 Issued Issued
Filed
120 100 80 60 40 20
0 Zn Negative Cell Design Confidential
Ni Positive
Electrolyte
Charger
Total 6
Products Deployed and Ready for Deployment LN0 40Ah Monobloc
LN1 60Ah & LN3 85Ah Monobloc
+ A low weight auxiliary EV power unit
+ A lighter, higher performance alternative for
+ 100% more available energy at only 33% of the weight
+ Designed to serve as an auxiliary 12V power unit for EVs and PHEVs
AGM lead-acid
+ 20% greater capacity, energy and cold crank capability when compared with AGM lead-acid
+ 30% lower weight compared to an AGM lead-acid
8Ah, 40Ah, 80Ah Cells
SubC Cells
+ Under evaluation for industrial and specialty
+ Deployed in traffic control systems throughout
applications (i.e. lawnmowers, wheel chairs)
+ High rate charge/discharge ability
North America
+ Superior energy density and service life performance
+ Balanced blend of high energy and high power densities
+ Modular design with minimum
+ Qualified by major power tool and UPS suppliers
+ Free of any transportation restrictions
thermal packaging constraints Confidential
7
World Class Investor Base
Confidential
8
PowerGenix 6727 Flanders Drive, Suite 104 San Diego, CA 92121 U.S.A.
[email protected] www.powergenix.com
Confidential
9
Confidential
1
110 Years to Reach Tipping Point… 1901
+ Thomas Alva Edison was awarded U.S. Patent 684.204 for a rechargeable Nickel-Zinc (NiZn) battery system
1993
T.A. Edison Reversible Galvanic Battery
+ Morris Eisenberg, Chemist, formulates a new electrolyte that enables a significant increase in charge cycles
2001
+ Jeff Phillips, PGx Founder, extends the Eisenberg work and is able to stabilize and advance the technology thereby enabling the commercialization of NiZn
2011
+ The technology is ramped and multiple niche commercial applications are supplied by PowerGenix and the technology matures.
Tipping point – Automotive Stop-Start …
Edison, The first NiZn car battery Confidential
2
Leadership Team Tod Higinbotham
• •
Grew materials technology company and sold for over $1 billion Executive VP/GM of ATMI • Launched multiple new materials businesses • Extensive experience in penetrating new markets
• • • •
Founder Ph.D. in Electrochemistry Over 25 years of related industry experience Former PowerBook Technology Manager at Apple
• • • •
Over 13 years of related experience MSEE – Power Electronics MBA, Technology Management Engineering roles at Bosch Battery Systems and Ovonic Battery Company
• • • •
20 Years experience in battery technology and manufacturing Applied Electrochemical Engineering Former GM of Nickel Metal Hydride and Li-Ion businesses Expert in battery scale-up and manufacturing
Chief Executive Officer
Jeff Phillips Chief Technology Officer
Salil Soman Vice President, Product Marketing
LinJun Wang Vice Chief Engineer
Confidential
3
Commercialization Underway and Ramping Technology Development
Product Validation
Commercialization
50th Patent Issued
PowerGenix Inception
1985-1995
2003
WW Licensing Agreement With EnerSys
1Million
Battery Qualification
Cells Shipped (2,475 kWh)
2005
2007
2009
Cylindrical Product Development
2010
2011
2012-2014
Auto OEM Contracts
Technology Incubation (Prismatic) “100 Best Products” Confidential
4
Global Structure THE BEST OF BOTH WORLDS China
100% WOFE
U.S.
STRUCTURE
+ Research & Development + Engineering + Pilot Production + Optimal Cost Structure and Proximity to Supply Chain
+ Excellent Access To Highly Skilled BENEFIT
Engineering Resources
+ Advantaged Access to Attractive Chinese Markets
+ Partnerships to Mass Produce Batteries
+ + + +
Business Development Finance & Marketing Administration Access to North American Markets
+ Technology Access + Access to U.S. Capital Markets
+ Licensing Agreement Signed With EnerSys
for Global Markets
Confidential
5
World’s Largest NiZn IP Portfolio
104 Patents Filed and 62 Issued Issued
Filed
120 100 80 60 40 20
0 Zn Negative Cell Design Confidential
Ni Positive
Electrolyte
Charger
Total 6
Products Deployed and Ready for Deployment LN0 40Ah Monobloc
LN1 60Ah & LN3 85Ah Monobloc
+ A low weight auxiliary EV power unit
+ A lighter, higher performance alternative for
+ 100% more available energy at only 33% of the weight
+ Designed to serve as an auxiliary 12V power unit for EVs and PHEVs
AGM lead-acid
+ 20% greater capacity, energy and cold crank capability when compared with AGM lead-acid
+ 30% lower weight compared to an AGM lead-acid
8Ah, 40Ah, 80Ah Cells
SubC Cells
+ Under evaluation for industrial and specialty
+ Deployed in traffic control systems throughout
applications (i.e. lawnmowers, wheel chairs)
+ High rate charge/discharge ability
North America
+ Superior energy density and service life performance
+ Balanced blend of high energy and high power densities
+ Modular design with minimum
+ Qualified by major power tool and UPS suppliers
+ Free of any transportation restrictions
thermal packaging constraints Confidential
7
World Class Investor Base
Confidential
8
PowerGenix 6727 Flanders Drive, Suite 104 San Diego, CA 92121 U.S.A.
[email protected] www.powergenix.com
Confidential
9
