Titomic Ltd · ASX:TTT
Titomic — Investor Presentation (December 2022)
26 slides from Titomic's investor presentation, Dec 5, 2022
Slide 1: The Supersonic Opportunity
Manufacturing innovation made reality The Supersonic Opportunity Additive Manufacturing Company November 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Titomic Limited ACN 602 793 644 (“Titomic” or the under any circumstances create an implication that there has been no change in the affairs “Company”) to provide summary information about Titomic and their activities as at the of Titomic since the d
Slide 3: Titomic is the only "Cold Spray Additive" public company
Titomic is the only “Cold Spray Additive” public company Titomic offers one of the fastest, most scalable, cost competitive and energy efficient additive manufacturing and coating technologies in the world. Large and expanding • Additive market estimated to grow 11x up to $146B in the next decade 1.
Slide 4: Additive manufacturing to grow over 11x in the next decade
Additive manufacturing to grow over 11x in the next decade Evolution of the AM Market Additive 1.0 • Key players now off-patent, leaving them with minimal differentiation and Additive Manufacturing Market Size1 commoditized technology (USD Billions) • Significant loss in market share to open 118 sou
Slide 5: Industrialisation Index
Metal Additive Manufacturing Maturity Index 5 Laser Beam PBF Time until industrial use Current industrial use Less than 2 years Wire Plasma Arc ED Electron Beam PBF Cold Spray continues to mature 4 2 to 5 years Wire Laser Deposition Powder Laser Beam ED towards widespread industrial use More than 5
Slide 6: Sales Pipeline
Sales Pipeline Significant sales opportunity pipeline at 18x FY22 revenue Unweighted Funnel Expected sales revenues from orders received or to be expected Joint Ventures Repkon Joint Venture $7.6m $22.0m Neos Joint Venture $2.4m TKF Systems $48.0m Prototypes & Consulting Glass Mould Coating Solution
Slide 7: Cash flow and balance sheet
Cash flow and balance sheet Statement of Cash Flows FY21 FY22 FY23 Qtr 1 Customer & Grant Receipts 1.908 5,929 1.075 • FY22 Cash receipts of $5.9m include $3.0m receipts from customers and $2.9m Operating cash flows (9,037) (10,161) (4,115) grant income. Receipts of $1.1m in FY23 Q1 Investing cash f
Slide 8: Leadership with proven industry experience
Leadership with proven industry experience Herbert Koeck Jon Nield Colin Horman Klaas Rozema Bruce Colter Managing Director Chief Financial Officer Chief Operating Officer General Manager Titomic Europe General Manager Titomic USA Max Osborne Neil Matthews Dominic Parsonson Chris Healy Michael Rochf
Slide 9: Board directors with global coverage and experience
Board directors with global coverage and experience Humphrey Nolan Herbert Koeck Mira Ricardel Non-Executive Chairman Managing Director Non-Executive Director Dag Stromme Richard Willson Andreas Schwer Non-Executive Director Non-Executive Director Non-Executive Director 9
Slide 10: Taking our technology to the world – Global footprint
Taking our technology to the world – Global footprint Global production, supply and service network to meet our customer’s needs. Titomic Repkon Barrel JV Neos Titomic Tooling JV Titomic Europe Titomic USA Titomic Sales Reseller Titomic Sales Office Titomic Sales Reseller Titomic Sales Reseller Tito
Slide 11: Superior speed and size
Superior speed and size Titomic Kinetic Fusion (TKF) Key attributes of the TKF process • Exclusive rights to commercialise a form of cold spray additive Speed manufacturing developed with CSIRO • Up to 3x faster than other Additive Manufacturing (AM) processes • This process, called Titomic Kinetic
Slide 12: Existing diverse and customisable machine portfolio
Existing diverse and customisable machine portfolio TKF 9000 TKF 1000 ISB Series D523 • High pressure Cold Spray additive • High pressure Cold Spray additive • Low pressure Cold Spray coating • Low pressure Cold Spray coating manufacturing and coating manufacturing and coating • Demonstration of Tit
Slide 13: Our rapidly growing trusted global customer base
Our rapidly growing trusted global customer base 13
Slide 14: Five distinct fast growing revenue streams
Five distinct fast growing revenue streams 4. Application 1. Machine Sales 2. Joint Ventures 3. Workflow Solutions 5. Resellers Development Broad range of machine Territory Coverage • Building industry • Automated solutions to solutions • Development, • India capability for maximise uptime • TKF 100
Slide 15: Disciplined and focused execution
Armaments Ballistic Protection Structures Disciplined and focused execution Tooling Additive Manufacturing Embedded Sensors Strategic Application Pillars Metal Restoration Wear Resistance Corrosion Protection Conductive Coating Coating & Repair Inductive Coating Radiation Shielding 15
Slide 16: Proven track record of execution
Proven track record of execution Performance to plan with progress across focus applications Category Application Prior to FY2022 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 Validate Technology Custom system design JV Production Armaments JV Agreement with Repkon JV Setup Custom system install Additiv
Slide 17: Armaments
Armaments Titomic enabling high performance barrels Value Proposition Progress • Unique manufacturing solution for high performance • Repkon JV signed barrels • Demonstrator barrels supplied • Qualification of demonstrators underway • The process combines the TKF system and Repkon’s • Machine 1 desi
Slide 18: Ballistic Protection
Ballistic Protection Titomic enabling lighter, monolithic protection Value Proposition Progress • Affordable and lightweight titanium armour • STANAG and MIL standard benchmark testing • Near net shape manufacturing • Mechanical performance optimization • Monolithic structures – weldless assembly •
Slide 19: Structures
Structures For lighter stronger titanium components Value proposition Progress • Material optimisation completed for CP Titanium • Affordable titanium structures • Engineering projects underway for technical and • Near-net shape manufacturing manufacturing processes • Low-cost HDH titanium powder •
Slide 20: Tooling
Tooling Titomic enabling a simplified supply chain Value Proposition Progress Offers numerous benefits for our partners and customers • Neos JV agreement signed • Improved lead times • Demonstrator faceplates supplied • Near net shape – Minimal post-production and • Machine design completed and quot
Slide 21: Coating & Repair
Coating & Repair Titomic extending asset life Value Proposition Progress • Unique material solutions for repair • Proven process and materials • Mature solutions platform • Ability to restore geometries • Global sales network with off-the-shelf solution • Repair in-situ • Growing quickly with resell
Slide 22: Radiation Shielding
Radiation Shielding Titomic creating tailored, cost-effective shielding Value Proposition Progress • Extending life of satellites • Capability to analyse and model missions • Mission specific tailored designs • Design shields for corresponding dose requirements • Weight efficient shielding • Proven
Slide 23: Wear Resistance
Wear Resistance Titomic maximising uptime Value Proposition Progress • Extending the life of equipment • Installation of first automated commercial production machine • Restoring damaged parts to original • Extending material portfolio to expand applications to • Replacing worn-out or corroded metal
Slide 24: Unique powder supply for lower cost titanium
Unique powder supply for lower cost titanium SEM micrographs Cost effective and clean Our TKF process can use hydride-dehydride (HDH) titanium powders to Right: Spherical titanium powder cut the cost and boost the performance of titanium parts. This clean hydrogen technology has low carbon emissions
Slide 25: Unlocking unprecedented potential
Unlocking unprecedented potential Large & expanding market Proven process & industry leading technology • Strong tailwind with additive manufacturing platform market set to grow by 29% to 20251 • Pioneering patented technology • Buoyed by rapid prototyping, faster co-developed with the CSIRO, Austra
Slide 26: Titomic Limited
Titomic Limited, Ground Floor 365 Ferntree Gully Road, Mount Waverley, Victoria 3149, Australia PO Box 225, Mount Waverley, Victoria 3149, Australia