Titomic Ltd · ASX:TTT
Titomic — Investor Presentation (September 2021)
27 slides from Titomic's investor presentation, Sep 21, 2021
Slide 1: Investor Presentation
Investor Presentation September 2021
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Titomic Limited ACN 602 793 644 (“Titomic” or the “Company”) under any circumstances create an implication that there has been no change in the affairs of Titomic to provide summary information about Titomic and their activities as at the date of thi
Slide 3: Titomic snapshot
Titomic snapshot • Founded in 2014 to develop a new type of additive manufacturing process, developed with the CSIRO, using cold-gas spraying of metal particles to produce 3D structures • This patented process is known as Titomic Kinetic Fusion (TKF), which Titomic has exclusive rights to commercial
Slide 4: Highlights
Highlights Exceptional leadership team 1 High calibre team with belief in the potential of Titomic’s unique technology and the global experience, resident in US, Europe, Australia and Middle East Cold spray industrialisation in less than two years 2 Titomic is well positioned to leverage the growth
Slide 5: Together, we make it possible: Executive team
Together, we make it possible Executive team Herbert Koeck Joanna Walker Max Osborne Dominic Parsonson Chief Executive Officer Chief Financial Officer Head of Engineering Head of Sales • Joined Titomic in June 2021 after 14+ years at • Extensive sales and marketing management • Previously Executive
Slide 6: Together, we make it possible: Board
Together, we make it possible Board Dr Andreas Schwer Mira Ricardel Dag W.R. Stromme Independent Non-Executive Chairman Independent Non-Executive Director Independent Non-Executive Director Global industry expertise • President - Europe & Middle East, Electro • Principal at The Chertoff Group • Curr
Slide 7: Cold Spray industrialisation in less than two years
Cold Spray industrialisation in less than two years Metal additive manufacturing maturity index 5 Time until industrial use Laser Beam PBF Current industrial use Electron Beam PBF 4 Wire Electric/Plasma Less than 2 years Arc Deposition 2 to 5 years More than 5 years Filament FDM Powder Laser Titomic
Slide 8: Accelerated adoption driving growth
Accelerated adoption driving growth Adoption is accelerating in key manufacturing industries Metal additive manufacturing market size 4,398 The percentage of businesses in key industries who either already apply or are considering applying AM technology increased from 36% in 2016 to 83% in 20191 1,3
Slide 9: Superior speed, size and sustainability
Superior speed, size and sustainability Titomic Kinetic Fusion (TKF) Key Attributes of the TKF Process • Exclusive rights to commercialise a new form of cold spray additive manufacturing developed with CSIRO Speed • This process, called Titomic Kinetic Fusion (TKF), employs cold spray technology usi
Slide 10: TKF Systems are operating today
TKF Systems are operating today TKF1000 TKF9000 Titomic’s TKF Systems TKF1000 • Modular industrial-scale AM system • Designed for prototyping and low volume production tasks • Build volume of 1m3 TKF9000 • Located in Titomic’s Melbourne Bureau • Demonstration of Titomic’s ability to engineer and con
Slide 11: The Titomic difference
The Titomic difference Unmatched value, certainty Our cutting-edge custom TKF systems unlock the potential to manufacture high-performance and confidence multi-metal parts on demand, to near-net shape. Aerospace Less welding Less material and forming than billet Better buy-to-fly Minimal ratio machi
Slide 12: Manufacturing made sustainable
Manufacturing made sustainable Titomic is evolving metals manufacturing for the better. The green process uses less energy and fewer resources. • Cuts carbon emissions by up to 60%1 with no metal melting • Completely electrified and can run on 100% renewable energy • Reduces waste by up to 80% with
Slide 13: Titomic's focus sectors make up 49% of AM machine sales
Titomic’s focus sectors make up 49% of AM machine sales Other Titomic’s focus sectors Consumer Goods 9% 1% Space 19% Mech Engineering 9% Total market expected to Energy be $1.7 billion by 2025 4% 2020 Tooling Titomic targeting 49% of Dental 9% 4% Market Distribution this addressable market Civil Aer
Slide 14: Focus sectors and applications
Focus sectors and applications We are targeting partnerships in high-value markets – from Primes to research institutes and Tier 1 and 2 suppliers Defence Aerospace & Space Other Applications Weapon Barrels Composite Mould Tooling Pipes & Tubes Ballistic Protection Functional Coatings Structural Rep
Slide 15: Titomic parts
Titomic parts Bulkhead penetrator Titanium Mounting Panel • Naval vessel application • Part built as one piece to near net shape. • Copper pipe can be passed through a steel bulkhead • No welding or forming required without any need to weld dissimilar metals • Reduction in material wastage of 40% as
Slide 16: Company Technical Comparisons
Company Technical Comparisons US Companies Australian Companies Company Ownership Public Public Private Private Private Public Public Cold Spray Wire Direct Digital Light Powder Bed Wire Arc Additive 3D Print type Kinetic Fusion Binder Jet Additive Deposition Synthesis Fusion Manufacturing Manufactu
Slide 17: Taking our technology to the world
Taking our technology to the world We’re on track to expand across Australia, Europe, North America and beyond. Neos Titomic Tooling JV Saudi Arabia Production JV Titomic Europe Base UAE Tawazun JV Titomic Sales Office Technology Partnership Titomic USA Base Titomic Sales Shree Rapid Tri-D Dynamics
Slide 18: Technical Advisory Committee
Technical Advisory Committee Leading technical expertise The Technical Advisory Committee Professor Rhys Jones AC Dr Richard Hannink Dr Airlie Chapman comprises subject matter experts • Previously Research Leader (Aircraft • Honorary Fellow at CSIRO Manufacturing • PhD degree from the William E. Boe
Slide 19: Commercialisation progress
Commercialisation progress In 2021 we: • Have increased our focus on joint ventures Develop Commercialise Scale with key customers to create continuous manufacturing and revenue streams, and CSIRO Technology Process Market Traction & Commercial share risk and reward development development validatio
Slide 20: 5 distinct revenue streams
5 distinct revenue streams 1 Direct TKF Machine Sales 2 JV Partnerships 3 Powder Production/Sales 4 Consumables & Service • Each machine sale will lead to recurring • Titomic receives share of net profit of • Recurring revenue stream following on • Users of Titomic’s TKF systems require revenue from
Slide 21: Joint venture partnerships – more than a machine
Joint venture partnerships – more than a machine Joint ventures allow both parties to share the risks and rewards. Titomic brings everything to the partner’s door: patented process, technology and custom system. Phase 1 - Design Phase 2 - Assembly Phase 3 - Production & Sales Make prototype Validate
Slide 22: Joint venture partnerships
Joint venture partnerships A key commercialisation vehicle JV progress Expected JV commercialisation timeline (# of JVs) • Multiple joint venture partnerships planned as at the end of FY21 14 • Prototype design work has already commenced on two of these signed partnerships • First product expected t
Slide 23: Why our partners are on board
Why our partners are on board By integrating a custom TKF system, supply chains become more local, responsive, resilient, agile and sustainable. Why more companies are choosing additive manufacturing (AM) bureau services rather than buying their own system: 81% 48% 38% don’t want to invest in their
Slide 24: Our trusted customer base
Our trusted customer base Aerospace Defence Other Tooling and Aerospace Tooling and Structures TKF Machine Customer MMI Grant Partner Tooling Joint Venture Light weighting of Vessels Research Industrialisation Partner MMI Grant Partner Tooling Prototyping Barrels & Ballistics Barrels Partner Reselle
Slide 25: Catalysts and milestones
Catalysts and milestones HOA signed with Repkon to Accepted a $2.3M grant by the First product expected to be manufacture weapons system Australian Government to explore TKF delivered to end customers in barrels for space vehicles March 2023 under Repkon JV HOA signed with Neos Construction expected
Slide 26: Unlocking unprecedented potential
Unlocking unprecedented potential Large & expanding market Proven process & industry leading • Strong tailwind with additive manufacturing market technology platform set to grow by 29% to 20251 • Pioneering patented technology • Buoyed by rapid prototyping, faster turnaround, co-developed with the C
Slide 27: Titomic Limited
Titomic Limited 3/270 Ferntree Gully Road, Notting Hill, Victoria 3168, Australia PO BOX 225, Mount Waverley, Victoria 3149, Australia info@titomic.com | titomic.com