Bluglass Ltd · ASX:BLG
Bluglass — Shareholder Meeting (November 2013)
25 slides from Bluglass's shareholder meeting presentation, Nov 25, 2013
Slide 1: BluGlass 2013 AGM Presentation
For personal use only BLUGLASS 2013 AGM PRESENTATION 25 NOVEMBER 2013 BLUGLASS PRESENTATION – JUNE 2012
Slide 2: Disclaimer
DISCLAIMER For personal use only This document has been prepared by BluGlass Limited to provide existing and prospective investors in BluGlass Limited with a summary of progress to date. Any statements, opinions, or other material contained in this document do not constitute any commitments, rep
Slide 3: The Year in Review
THE YEAR IN REVIEW For personal use only George Venardos, Non-Executive Chairman BluGlass is positioned to commercialise its ground breaking technology during a period of high market growth BLUGLASS PRESENTATION – JUNE 2012
Slide 4: Significant Progress in FY13
SIGNIFICANT PROGRESS IN FY13 For personal use only September 2012 Awarded a key patent for depositing metal nitride films October 2012 Impurity levels equal to the industry standard process November 2012 n-GaN films with electrical properties meeting industry benchmarks $4.75m raised through Institu
Slide 5: Financial Results
FINANCIAL RESULTS For personal use only BLUGLASS HAS A SOUND CASH POSITION AS AT JUNE 30 FY12 FY13 Revenue and Other Income $’000 2,478 4,726 Net loss $’000 (6,231) (1,676) NET CASH 3,549 5,590 KEY CASH EVENTS: December 2012 - Institutional placement ($2.35m) and SPP ($2.47m) July 2013 - $3m Cle
Slide 6: The Year Ahead
THE YEAR AHEAD For personal use only Giles Bourne, Chief Executive Officer IN THE US ALONE, LED LIGHTING WILL REDUCE ENERGY CONSUMPTION IN LIGHTING BY 62%; AND VOID THE NEED TO BUILD 133 NEW POWER PLANTS BLUGLASS PRESENTATION – JUNE 2012
Slide 7: Strategy for the Coming Year
STRATEGY FOR THE COMING YEAR For personal use only TECHNOLOGY Meet milestones, especially p-GaN performance Accelerate R&D in other areas (GaN on silicon) Increase activity on PV technology and milestones MARKETS Continue to focus on LED, PV Evaluate other applications, e.g. power electron
Slide 8: Increasing Capacity
INCREASING CAPACITY For personal use only 8 BLUGLASS PRESENTATION – JUNE 2012
Slide 9: Patents Strategy
PATENTS STRATEGY RIGOROUS IP PROTECTION PROCESS For personal use only Patent 2 Provisional patents in drafting Identification maintenance of new IP & review Optimal Prior art 17 Pending patent applications patent award development and & protection assessment International granted patents in Pa
Slide 10: Market Opportunity - LED
MARKET OPPORTUNITY - LED For personal use only The LED equipment market (MOCVD) represents a $6.1B market opportunity through to the end of the decade* The LED share in general lighting is expected to grow from 5% today to over 45% in 2016 and 70% by 2020** The global lighting market is forecast to
Slide 11: Other Market Opportunities
OTHER MARKET OPPORTUNITIES The power electronics market was worth US For personal use only $20B in 2012. GaN use in power electronics is still in its infancy and in 2012 was worth only $12.6m. It is expected to grow at a CAGR of 63.78% over 10 years to $1.75B by 2022 (Markets and Markets) The CPV ma
Slide 12: Australian Cleantech Winner
AUSTRALIAN CLEANTECH WINNER BluGlass is awarded the 2013 Australian CleanTech Competition Overall Winner & For personal use only Manufacturing Industry award BLUGLASS PRESENTATION – JUNE 2012
Slide 13: Trade Mission to Asia
TRADE MISSION TO ASIA For personal use only 13 BLUGLASS PRESENTATION – JUNE 2012
Slide 14: The Technology Update
THE TECHNOLOGY UPDATE For personal use only Dr. Ian Mann, Chief Technology Officer Having demonstrated these material specifications, BluGlass is now in a position to commence experiments targeting improved LED device efficiency using RPCVD grown p-GaN layers to demonstrate the commercial value of a
Slide 15: Benefits of RPCVD for LED
BENEFITS OF RPCVD FOR LED For personal use only A low temperature growth system such as RPCVD may offer LED manufacturers compelling performance advantages at several stages of device growth. Low temperature p-GaN is one area that BluGlass is presently focusing on. LED STRUCTURE GROWN USING MOCVD BE
Slide 16: Demonstration Planned for Low Temperature p-GaN
DEMONSTRATION PLANNED FOR LOW TEMPERATURE p-GaN For personal use only BluGlass is targeting low temperature p-GaN as the first commercial opportunity LED STRUCTURE GROWN p-GaN GROWN USING MOCVD USING RPCVD RPCVD p-GaN grown at INTERMEDIATE p-GaN grown at LOW temperature to HIGH temperature Multi-Qua
Slide 17: 2012 Progress – Low Impurities and n-GaN
2012 PROGRESS – LOW IMPURITIES AND n-GaN For personal use only Room temperature Hall TYPICAL MOCVD RPCVD Measurement results of an n-GaN SPECIFICATION n-GaN DATA RPCVD n-GaN film grown on a commercial GaN MOBILITY ≥ 250 cm2/V.s 300 cm2/V.s template - compared to a typical MOCVD grown FOR A CARRIER n
Slide 18: 2013 Progress: p-GaN
2013 PROGRESS: p-GaN BluGlass has successfully demonstrated For personal use only p-GaN films grown at low temperature with electrical properties equivalent to films grown using MOCVD Since this was announced earlier this year, BluGlass has continued to improve the quality of its p-GaN (see belo
Slide 19: 2013 Progress - Challenges
2013 PROGRESS - CHALLENGES For personal use only INPUT FROM KEY PARTICIPANTS IN THE LED INDUSTRY Require that RPCVD can demonstrate: Improved LED performance The technology is scalable KEY TECHNICAL CHALLENGES Establishing the appropriate growth initiation conditions when growing on a MQW
Slide 20: Facilities Upgrade 2013
FACILITIES UPGRADE 2013 For personal use only Thomas Swan 2 – (19x2”) MOCVD system to be converted to RPCVD Thomas Swan 1 – (19x2”) MOCVD system – commissioned in The 5th Gen RPCVD Nov 2013 system (7x2”) R&D system. 20 BLUGLASS PRESENTATION – JUNE 2012
Slide 21: Facilities Upgrade 2013
FACILITIES UPGRADE 2013 For personal use only 21 BLUGLASS PRESENTATION – JUNE 2012
Slide 22: Install MOCVD System
For personal use only 2 INSTALL MOCVD SYSTEM Industry Brighter LEDs Bring to Scale Acceptance BLUGLASS PRESENTATION – JUNE 2012
Slide 23: RPCVD GaN on Silicon
RPCVD GaN ON SILICON For personal use only WHY THE INTEREST IN GaN ON SILICON? LED manufacturers continue to look for ways to reduce cost New Market opportunities outside of LED market Power electronics THE PROBLEM WITH GaN ON SILICON? However GaN on silicon is prone to cracking during manuf
Slide 24: For personal use only
For personal use only 24 BLUGLASS PRESENTATION – JUNE 2012
Slide 25: Thank You
For personal use only THANK - YOU 74 Asquith Street, Silverwater, NSW, 2128 Australia P: +61 (0) 2 9334 2300 W: www.bluglass.com.au BLUGLASS PRESENTATION – JUNE 2012