Bluglass Ltd · ASX:BLG
Bluglass — Shareholder Meeting (November 2020)
31 slides from Bluglass's shareholder meeting presentation, Nov 23, 2020
Slide 1: Annual General Meeting
For personal use only BLUGLASS (ASX:BLG) Annual General Meeting 23 November 2020 BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT For personal use only 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. s
Slide 3: Order of Business
ORDER OF BUSINESS For personal use only CHAIR’S MANAGING CHIEF OPERATION QUESTION & OFFICIAL REPORT DIRECTOR’S & TECHNOLOGY ANSWERS BUSINESS REPORT OFFCIER’S REPORT 3 23 NOVEMBER 2020 BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 4: James Walker – Chair's Report
For personal use only JAMES WALKER CHAIR’S REPORT 4 23 NOVEMBER 2020 BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 5: Strategy: Multi-Pillared Market Approach
STRATEGY MULTI-PILLARED MARKET APPROACH STRATEGIC FOCUS IN 2020 For personal use only 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
Slide 6: 2020 Progress Highlights
2020 PROGRESS HIGHLIGHTS For personal use only 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
Slide 7: Financial Performance
FINANCIAL PERFORMANCE 2020 2019 Movement For personal use only $ $ % Total Revenue 655,830 424,555 Up 54% EpiBlu Foundry Revenue 505,830 424,555 Up 19% Laser Diode Revenue 150,000 - - Interest 29,976 235,640 Down 680% Net Assets 12,393,472 11,643,567 Up 6.4% Impairment Expense - 8,696,000 - Monthly
Slide 8: Giles Bourne – Managing Director's Report
For personal use only GILES BOURNE MANAGING DIRECTOR’S REPORT 8 23 NOVEMBER 2020 BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 9: 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 For personal use only CONTINUING EXPANSION OF IP AC
Slide 10: Global Laser End-Market Opportunity (Forecast 2025)
GLOBAL LASER END-MARKET OPPORTUNITY (FORECAST 2025) For personal use only 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 10 23 NOVEMBER 2020 BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 11: Portfolio of Products
PORTFOLIO OF PRODUCTS Industrial Display Biotech/Life Scientific Lighting For personal use only 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: A
Slide 12: Product Development Progress
PRODUCT DEVELOPMENT PROGRESS For personal use only 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 proces
Slide 13: Laser Diode Supply Chain Development & Qualification
LASER DIODE SUPPLY CHAIN DEVELOPMENT & QUALIFICATION For personal use only BLUGLASS IS SECURING THE LD SUPPLY CHAIN FOR END-END DELIVERY BLUGLASS FABRICATION PARTNERS BLUGLASS CUSTOMER Substrates from Epitaxial Growth End-customer: BluGlass’ US test suppliers in: at BluGlass: • OEM/System Optical Co
Slide 14: Customer Segments & Needs
CUSTOMER SEGMENTS & NEEDS For personal use only 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 re
Slide 15: Laser Diode Product: Supply Roadmap & Timetable
BLUGLASS LASER DIODE PRODUCT: SUPPLY ROADMAP & TIMETABLE Product Roadmap - Task Market Segment 2020 2021 2022 2023 For personal use only 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 O
Slide 16: Economic Scenarios – Target Market Revenues
ECONOMIC SCENARIOS - BLUGLASS TARGET MARKET REVENUES Target revenue is based on the timely achievement For personal use only of technical milestones. Upside revenue is based on the timely achievement of BluGlass’ technical milestones and accelerated customer demand and market growth. Downside revenu
Slide 17: Commercial & Partner Engagements
COMMERCIAL & PARTNER ENGAGEMENTS For personal use only • 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 lightin
Slide 18: Global Patent Portfolio – IP Update
GLOBAL PATENT PORTFOLIO – IP UPDATE For personal use only • Our Intellectual Property portfolio is a critical foundation for our future commercial success and underpins our licensing-based business model • In July 2019 BluGlass was awarded a key US Patent for buried activated p-GaN in tunnel junctio
Slide 19: Laser Diode Business on Track to Deliver Significant Product Revenues
LASER DIODE BUSINESS ON TRACK TO DELIVER SIGNIFICANT PRODUCT REVENUES For personal use only Several commercialisation Greater control of Strong patent Large and growing paths commercialisation timelines portfolio markets • Direct-to-market Laser Diode 75 patents granted in key semi- BluGlass’ RPCVD
Slide 20: Dr Ian Mann – Chief Operations & Technology Officer Report
For personal use only DR IAN MANN CHIEF OPERATIONS & TECHNOLOGY OFFICER REPORT BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 21: BluGlass Laser Diode Manufacturing Steps
BLUGLASS LASER DIODE MANUFACTURING STEPS For personal use only 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 H
Slide 22: Laser Diode Update – From R&D to Product
LASER DIODE UPDATE – FROM R&D TO PRODUCT Product Launch For personal use only Technical Demonstration 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
Slide 23: Laser Diode Technology Update
LASER DIODE TECHNOLOGY UPDATE BluGlass is developing a portfolio of laser designs for a wide For personal use only array of end-products to meet specific customer needs and product trails 405nm, 420nm and 450nm standard laser diode designs are all lasing • Validated through multiple vendors and fabr
Slide 24: RPCVD Tunnel Junctions for Laser Diodes
RPCVD TUNNEL JUNCTIONS FOR LASER DIODES For personal use only Improving low conversion efficiency in GaN laser diodes – RPCVD tunnel junctions 24 23 NOVEMBER 2020 BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 25: Laser Diode Customer: Yale & DARPA Development Program
LASER DIODE CUSTOMER: YALE & DARPA DEVELOPMENT PROGRAM For personal use only BluGlass has won a sub-contract from Yale University to provide custom laser-diode development for the US Defense Advanced Research Projects Agency (DARPA) LUMOS program The LUMOS (Lasers for Universal Microscale Optical Sy
Slide 26: microLED and Tunnel Junction LED Update
microLED AND TUNNEL JUNCTION LED UPDATE For personal use only 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
Slide 27: RPCVD Scaling Milestone & Plasma Grant
RPCVD SCALING MILESTONE & PLASMA GRANT The BLG-500, BluGlass’ commercial scale RPCVD platform For personal use only completed in collaboration with AIXTRON SE has successfully completed its performance testing and demonstrated working tunnel junction wafers Has demonstrated improved uniformity over
Slide 28: Questions
For personal use only QUESTIONS BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 29: Official Business
For personal use only OFFICIAL BUSINESS BLUGLASS 2020 ANNUAL GENERAL MEETING
Slide 30: Registration and Voting
REGISTRATION AND VOTING For personal use only 1. Log in or register at: 2. Click view and register your 3. Record your vote. Once you https://investor.automic.com.au/#/home attendance for the meeting confirm it is lodged and final To contact support: Call 1300 816 159 or open live chat from the Inve
Slide 31: Thank You
For personal use only THANK YOU BluGlass Limited (ASX:BLG) www.bluglass.com.au BLUGLASS 2020 ANNUAL GENERAL MEETING