HYDROGEN IN MOTION INC. (H2M)

Transcription

1 HYDROGEN IN MOTION INC. (H2M) DISRUPTIVE HYDROGEN STORAGE FACILITATES ADOPTION PRODUCT: PROPRIETARY HYDROGEN STORAGE MATERIAL 2X more H 2 - Extends range +/or payload 14x less pressure vs 10,000 p.s.i Solid state - Conformable Simplifies Refueling Logistics REDUCES COST Capital tank storage system, and Operating min compression and chilling MISSION: WORLDWIDE SUPPLIER OF CLEAN ENERGY Page 1

2 HYDROGEN ECONOMY OPPORTUNITY REGULATORY CHANGES CREATE CLEAN ENERGY IMPERATIVE RENEWABLE HYDROGEN KEY TO DECARBONIZED ECONOMY Hydrogen high density energy carrier Waste gas, chemical plants, wind, solar, and hydro PROBLEM: HYDROGEN $$$$ TO STORE AND TRANSPORT Compressed tanks bulky and costly Liquid hydrogen boil off Metal hydrides need heat to release Limited re-fueling sites Page 2

3 H2M TECHNICAL ADVANTAGE H2M Advantage Avoid 99 Kg of CO2 per tank H2M H2 Tank Conformable Physisorption = easy to use & rechargeable H2M Advantage 14X less pressure 2X smaller $ Lower Cost H2M Advantage 6x lighter by weight 3 5x smaller in size $ Lower Cost

4 NEAR-TERM MARKET OPPORTUNITY AEROSPACE & DEFENSE Applications: UAV, marine, ground equipment, & vehicles Global military UAV market size is $8.5B HYDROGEN FUEL CELL ADVANTAGE Quiet - no exhaust or noise Low heat signature H2M TANK ½ SIZE Longer duration / More payload TRACTION UAV BOEING UAV Consortium: INSITU Boeing, Ballard, UBC, SFU Raised $2.8 M non-dilutive matching funding Page 4

5 INTERMEDIATE MARKET OPPORTUNITY VEHICLES EMIT 25% OF GREENHOUSE GASSES WORLDWIDE Hyundai Toyota, and Honda released Hydrogen Fuel Cell vehicles Auto Market $6T, 88M units 2016 FCV 50% of market by Fuel Cell Buses, Trucks, and Trains H2M ADVANTAGE ½ cost of compressed tank Smaller footprint ½ Volume TRACTION Discussions Mercedes, Volkswagen, & OEMs Leverage UAV market Page 5 1 Methodologies and approaches to plan the rollout of hydrogen infrastructure for the transport sector. Ogden, Joan. Sevilla, Spain : European Hydrogen Energy Conference, 2014

6 H2M BUSINESS MODEL FUEL GENERATION & DELIVERY Regional centre Turnkey FCV Adoption Offboard Refueling Decrease Costs Page 6

7 H2M MARKET FOCUSED TEAM FISCAL OVERSITE CEO Grace Quan MBA, CPA Former Sr. Adviser to CFO of the Treasure Secretariat of Canada MANUFACTORING EXPERIENCE CTO Mark Cannon MASC previously co-founded two successful start-ups. H2M RESEARCH TEAM WORLD EXPERTS IN HYDROGEN STORAGE: Material Scientist, Theoretical Physicist, Experimental Physicist, Chemist, and Mechanical Engineers COLLABORATIONS: Simon Fraser University and University of British Columbia 7

8 ROADMAP: FUNDRAISE AND USE OF PROCEEDS Collaboration SFU & UBC Key Hires PhDs R&D build equip Synthesize nano-material Upscale Material & Prototype tanks Small Scale Plant Regulatory Compliance Demonstration International Commercialization Large Scale Manufacturing Team 2014 Material 2015 Protoype 2017 Scale-up 2018 Demo 2019 Commercial

9 INVESTMENT AND TRACTION ROUND $6M SERIES A Closing summer 2017 ELIGIBLE BUSINESS CREDIT 30% BC Tax Credit INVESTMENT TO DATE 2M 1.3M equity,.7m gov non-diluting $2.8M non-dilutive CARIC funding for a $5.6M UAV project for commercialization to begin June 2017 TRACTION Patent on hydrogen storage material underway 3 rd party validation DoE (USA) National Renewable Energy Lab world leader In negotiation with Air Liquide largest gas producer in world LOI with Boeing, offset funding In discussions with Lockheed Martin & General Dynamic Page 9

10 FORECAST AND EXIT 2018/19 FIRST SALES 100 Units to Strategic Partner Boeing UAV project PRODUCTION RAMP UP 10x year over year 2021 YEAR 5 100,000 Units $78M generating profits of $13.1M Est 77% Gross Margin EXIT PLAN FOR INVESTORS $1B IPO based on delivery model and market demand Page 10

11 WHY HYDROGEN IN MOTION INC. (H2M) COST & TECHNOLOGICAL ADVANTAGE H2M S DISRUPTIVE TECH = INDUSTRY STANDARD INNOVATIVE BUSINESS MODEL = MASSIVE SCALE & RETURNS CLEANTECH PARTNERSHIP TO LAUNCH H2M AS DEFAULT SOLUTION FOR CLEAN ENERGY MARKET Page 11