Slide 1: BluGlass Investor Presentation December 2020
BLUGLASS (ASX:BLG) Investor Presentation December 2020 BLUGLASS INVESTOR PRESENTATION
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This document has been prepared by BluGlass Limited to provide This document includes certain information which reflects readers with an update of the Company and the Company’s various assumptions, subjective judgment and analysis, and is technology. subject to significant
Slide 3: Corporate Overview
CORPORATE OVERVIEW ASX: 75 US $658m $93m* PATENTS ADDRESSABLE LD MARKET MARKET CAP BLG BluGlass’ IP portfolio BluGlass is targeting a 6-10% BluGlass is headquartered comprises 75 International market share of its US $658m in Sydney, Australia and Patents, awarded in key serviceable addressable Laser
Slide 4: A Platform Technology with Multiple Go-to-Market Options
A PLATFORM TECHNOLOGY WITH MULTIPLE GO-TO-MARKET OPTIONS BluGlass’ patented RPCVD semiconductor manufacturing technology has demonstrated R&D results, showing competitive advantages with potential application in multiple high-growth market segments CONTINUING EXPANSION OF IP ACROSS SEGMENTS: BLUGLAS
Slide 5: BluGlass' Low Temperature Technology – Benefits of RPCVD
BLUGLASS’ LOW TEMPERATURE TECHNOLOGY – BENEFITS OF RPCVD RPCVD (Remote Plasma Chemical Vapour Deposition) – A breakthrough alternative for the manufacture of gallium nitride (GaN) semiconductor materials Lower-temperature manufacturing processes, several hundred degrees cooler than the incumbent, MO
Slide 6: Commercial & Partner Engagements
COMMERCIAL & PARTNER ENGAGEMENTS • Paid development • International leader in • International leader in program for novel laser • Formerly X-Celeprint, X- LED solutions for the LED solutions for • AIXTRON collaborating diode development display is a world leader general lighting market projector& di
Slide 7: Strategy: Multi-Pillared Market Approach
STRATEGY MULTI-PILLARED MARKET APPROACH STRATEGIC FOCUS BUILD LASER DIODE SUPPLY CHAIN Secure and qualify manufacturing supply chain (wafer LASER DIODE DEVICES – DIRECT TO MAREKT processing through packaging) for product delivery in CY2021 ESTABLISH US TESTING FACILITY & TEAM Open our Nashua, New Ha
Slide 8: Global Laser End-Market Opportunity (Forecast 2025)
GLOBAL LASER END-MARKET OPPORTUNITY (FORECAST 2025) US$3.1B US$6.4B US$27B US$12.4B US$5.1B Source: Internal BluGlass modelling based on industry sources Industrial cutting/welding Life sciences Laser display Automotive 8 DECEMBER 2020 BLUGLASS INVESTOR PRESENTATION
Slide 9: Portfolio of Products
PORTFOLIO OF PRODUCTS Industrial Display Biotech/Life Scientific Lighting Markets Markets Science Markets Markets Markets (405nm, 450nm, (450nm, 525nm) (405nm, 420nm, (405nm, 420nm, (450nm) 525nm) 450nm, 490, 525nm) 450nm, 490, 525nm) Applications: Applications: Applications: Applications: Applicati
Slide 10: Product Development Progress
PRODUCT DEVELOPMENT PROGRESS 405nm 420nm 450nm Industrial & Biotech Applications Biotech & Scientific Markets All Markets Good lasing behaviour Good lasing behaviour High brightness lasing verified through multiple verified through multiple demonstrated process steps and process steps vendors Multip
Slide 11: BluGlass Laser Diode Manufacturing Steps
BLUGLASS LASER DIODE MANUFACTURING STEPS DESIGN/MODEL EPITAXIAL WAFER WAFER FABRICATION WAFER FABRICATION GROWTH STEP 2 SUBSTRATE THINNED SUBSTRATE N-CONTACT CLEAVE METALISATION LASER DIODE PRODUCT READY FOR SYSTEM RELIABILITY PACKAGE FACET COAT INTEGRATION TESTING AR COATING HR COATING 11 DECEMBER
Slide 12: Customer Segments & Needs
CUSTOMER SEGMENTS & NEEDS R&D Institutions OEM/ System Integrator Distributor (Universities, Military, Commercial) (e.g. Electronics Manufacturer) (e.g. Biotech product providers) • This customer requires highly flexible, • This customer requires high-powered • This customer requires high-powered la
Slide 13: Laser Diode Update – From R&D to Product
LASER DIODE UPDATE – FROM R&D TO PRODUCT Technical Demonstration Product Launch Design, build and test LD devices (at Reliability testing of LDs different stages of fabrication) to completed. LD product is provide initial performance launched and available for specification to customer orders custom
Slide 14: Laser Diode Product: Supply Roadmap & Timetable
BLUGLASS LASER DIODE PRODUCT: SUPPLY ROADMAP & TIMETABLE Product Roadmap - Task Market Segment 2020 2021 2022 2023 LASER DIODE PRODUCT DEVELOPMENT R&D devices T Industrial – (445-465 nm) A P Industrial – (445-465 nm) B T P BluGlass Laser Diodes Industrial – (445-465 nm) C T P Other market segments T
Slide 15: Economic Scenarios - BluGlass Target Market Revenues
ECONOMIC SCENARIOS - BLUGLASS TARGET MARKET REVENUES Target revenue is based on the timely achievement of technical milestones. Upside revenue is based on the timely achievement of BluGlass’ technical milestones and accelerated customer demand and market growth. Downside revenue is based on a delay
Slide 16: microLED and Tunnel Junction LED Update
microLED AND TUNNEL JUNCTION LED UPDATE microLED update 442 nm 525 nm BluGlass is working with partners to advance microLEDs for red-green-blue (RGB) applications with good progress in demonstrating RPCVD grown orange and red LEDs and microLEDs for customers. microLED customer foundry orders were im
Slide 17: RPCVD Scaling Milestone
RPCVD SCALING MILESTONE The BLG-500, BluGlass’ commercial scale RPCVD platform completed in collaboration with AIXTRON SE has successfully completed its performance testing and demonstrated working tunnel junction wafers Demonstrated good uniformity over a 6” wafer size equivalent area compared to t
Slide 18: 2020 Progress Highlights
2020 PROGRESS HIGHLIGHTS July 2019 Sep 2019 Dec 2019 Jun 2020 Jul 2020 BluGlass awarded key Tunnel Enters Joint Development Agreement Enters cascade LED collaboration Opens BluGlass’ Laser Commissions the largest RPCVD Junction patent by United States with leading US based LED company, with US light
Slide 19: Laser Diode Business on Track to Deliver Significant Product Revenues
LASER DIODE BUSINESS ON TRACK TO DELIVER SIGNIFICANT PRODUCT REVENUES Several commercialisation Greater control of Strong patent Large and growing paths commercialisation timelines portfolio markets • Direct-to-market Laser Diode business Direct-to-market laser diode 75 patents granted in key semi-
Slide 20: Thank You
THANK YOU Giles Bourne, Managing Director BluGlass Limited (ASX:BLG) www.bluglass.com.au BLUGLASS INVESTOR PRESENTATION