Titomic Ltd · ASX:TTT
Titomic — Shareholder Meeting (November 2018)
30 slides from Titomic's shareholder meeting presentation, Nov 29, 2018
Slide 1: AGM Presentation
AGM Presentation November 2018
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Titomic Limited ACN 602 793 644 (“Titomic” or the “Company”) to provide summary information about Titomic and their activities as at the date of this presentation. The information in this presentation is of a general nature and does not purport to be
Slide 3: About Titomic
“You can never change things by fighting the existing reality, to change something build a new model that makes the existing model obsolete.” Buckminister Fuller Survival of the fittest is an evolution process where competitive advantage is improved by acquiring traits that are exclusively beneficia
Slide 4: Corporate Snapshot
Corporate Snapshot Board & Executive Management Team • Melbourne based metal additive manufacturing company • Overcomes metal 3D printing size, speed and oxidation limitations • Offers the worlds fastest & largest metal 3D printing builds for industrial scale uses • Customisable design and manufactu
Slide 5: What TTT has achieved in 2018
What TTT has achieved in 2018 Opened the new Titomic production facility on time and on budget in Q2 2018 Launched world’s largest metal 3D printer (TKF9000) in Q2 2018 ASX Announced 7x R&D project agreements to date leading to at least 10x product licences Top secret 3x R&D project agreemen
Slide 6: 2018 Tradeshows and Conferences
2018 Tradeshows and Conferences February • Exhibited at Singapore airshow as Team Defence Australia March • Melbourne facility commissioned • Jeff as an industry panelist at Allen’s 3D printing in Manufacturing April • Jeff presented at NAMIC Maritime & Energy Summit in Singapore May • Launch of wor
Slide 7: TTT @ Formnext in Frankfurt, Germany November 2018
TTT @ Formnext in Frankfurt, Germany November 2018 Formnext is an annual exhibition for the additive manufacturing world visited by 30,000 visitors, including industry reps, multi-nationals to academia.
Slide 8: TTT in Switzerland November 2018
TTT in Switzerland November 2018 Jeff Lang visited DT Swiss’ Headquarters in Biel, Switzerland to Whilst in Switzerland, Jeff also had the opportunity to meet discuss potential Titomic Kinetic Fusion™ applications. with BMC, the major bicycle manufacturer behind Cadel DT Swiss is a bicycle component
Slide 9: Where we get our customers from
Where we get our customers from Titomic enables industries to manufacture products with the following engineered properties and capabilities : Lighter & stronger hulls Ballistics protection Anti-fouling & repair Corrosion & wear resistance Continuous tube production Heat resistance High performance
Slide 10: Customer Journey with Titomic
29/11/2018 Customer Journey with Titomic Collaboration Client engages Titomic in With successful testing, agreements with feasibility tests to validate Titomic manufactures clients process and materials prototype for client “ Industrial Scale Additive Manufacturing Client offered a licence to manufa
Slide 11: Target industries
Target industries 1. Aerospace @ $8bn • Primary target titanium (Ti) raw market worth $3.4bn pa • Secondary target composites @$2.7bn pa for 787 & A350 production • Tertiary target superalloys @$1.9bn pa 2. Military in Australia @$7.3bn + $1.5bn in exports • Australian defence autonomous systems /dr
Slide 12: Target industries
Target industries 5. Medical equipment and mobility • Targeting lightweight Titanium wheelchairs & mobility devices 6. Automotive and all Transportation • Targeting car panels and chassis strength to weight ratio and lightness 7. Commercial & Industrial Building • Targeting lightweight corrosion res
Slide 13: Targeting $8bn out of $12.4 bn Aerospace market
Targeting $8bn out of $12.4 bn Aerospace market Titanium is the largest material market by value at $3.48B With 787 production ramping up, and A350 long-lead items under production, composites are the third largest category at $2.68B The value of superalloys is $1.98B driven by aero-engine pro
Slide 14: Defence
Defence Titomic has identified key defence capabilities: • Superior material for ballistics protection • Large seamless fuselage or monocoque wing • Structures with highest strength to density ratio • High temperature resistance • Corrosion resistance for aggressive environments • Anti-fouling Rank
Slide 15: US & Russia exports more than 50% of major arms
US & Russia exports more than 50% of major arms Demand for ballistics protection for countries on the rise Country Ballistics protection personnel Market Estimation France 110,000 Medium, military budget on the rise Italy 96,000 Low, special forces expressed need for adaptive solutions UK 92,760 On
Slide 16: Targeting 1% of bike market is approx. US$57m
Targeting 1% of bike market is approx. US$57m • With an estimated production of 14.3m CFRP frames by 2021,CFRP is not seen as a continued threat. Capturing only 1% of the market at 143,000 frames by 2021 indicates an OEM market value of approximately $57,000,000 @ USD$400 per frame and Global RRP of
Slide 17: Sporting and Consumer Goods
Sporting and Consumer Goods Australian Market for Golf equipment worth $460m pa (Figure 1) IbisWorld, G4241, 2018 Global manufacturing market for Golf Clubs worth $4.7 billion in 2015. Honma Golf Limited, 2017 Global Luggage (Travel & Business bag) Market - $18 billion (Figure 2) Statista, Retail sa
Slide 18: Marine
Marine Titomic’s key marine capabilities include: • Large seamless fuselage • High strength to density ratio structures • Corrosion resistance • Anti-fouling Global Yearly Export – US $117bn (2015) Germany Poland Japan China Korea 0 10 20 30 40 50 US$Bn The Australian marine industry includes shipbu
Slide 19: Mining, Oil & Gas, Power
Mining, Oil & Gas, Power Industrial & mining machine manufacture & repair Target Market @ $2.1 billion (Australia alone) Australia Metal Ore Mining @ $220bn i.e machinery construction and maintenance ~$2.9bn pa Australia Oil & Gas @ $46bn i.e. storage tank maintenance and production ~ $1.95bn Austra
Slide 20: Tubing market in Resources
Tubing market in Resources • titanium pipes in desalination plants are used to eliminate tube failure from corrosion or erosion throughout expected life of the plant. • One of the largest MSF desalination plants was completed in 2014, Saudi Arabia, and required 6,000,000 kg of titanium tubing 1 wort
Slide 21: Announced projects status
Announced projects status Material Concept & Manufacture Contract Manufacturing TKF System Powders & MOU Testing Design Testing Prototype Manufacture process Sale Consumers Agreement Development design Industry Company Current status Next phase Phase 1 proof of concept completed, pending Customer bu
Slide 22: Qualified opportunities & other projects update
Qualified opportunities & other projects update Count of opportunities by industries Industries Company types Project progress Sports Bike & 7 companies’ scope of work finalised, pending client components agreement Consumer Luxury luggage Scope of work finished, pending agreement for proof of Goods
Slide 23: TKF 1000 Multi metal 3D Printer
TKF 1000 Multi metal 3D Printer • 1m long 1m wide 0.7 m high build plate • Build volume of 0.7 m3 • Rapid part change bild table • Can spray multi metal powder in one part • Titomic TKF 1000 is the latest offering to various industry and research centres that enables multi metal powders to be used i
Slide 24: Securing powder global supply chain
Securing powder global supply chain • Setting up the complete AM supply chain is essential for customer deliveries • As titanium used for military applications, it is considered a restricted or regulated material in most countries • After an global survey of 70+ suppliers, TTT has secured multiple g
Slide 25: Investment Highlights
Investment Highlights Titomic Kinetic Fusion™ is the first industrial scale additive manufacturing process for metal products International patented process fronted by CSIRO Ongoing acquisition of IP to strengthen capabilities in various target industries Secured continuous global supply of
Slide 26: Titomic
Titomic Industrial Scale Additive Manufacturing Contact Investor Centre Investor Relations titomic.com/investors-press.html Mich Mak GM, Investor Relations Computershare Registry mich.m@titomic.com +613 9415 4310 +614 2261 0308 Jeff Lang Peter Vaughan Managing Director Company Secretary & CFO jeff@t
Slide 27: The smarter manufacturing process
The smarter manufacturing process • Industry leading deposition speeds • Does not melt metal, eliminates oxidation issues; no inert environment, combustion fuels or plasma required • No thermal distortion as with laser and electron beam AM • Characteristics include no phase change, low porosity, goo
Slide 28: Since TTT IPO
Since TTT IPO 2010 Nov’16 Sep’17 Oct’17 Dec’17 Feb’18 May’18 May’18 Aug’18 Oct’18 Oct’18 Kinetic Fusion $2.6M Seed $6.5M ASX Best Maritime Callidus Team Melbourne Callaway Titomic partner in $2.6M research TTT HQ Process developed cap raise IPO listing Innovation collaboration Defence at facility Go
Slide 29: The Titomic team is growing
The Titomic team is growing Trent Mackenzie Mich Mak Peter Teschner Brian Tuohy Chris Ward Ben Andrews Elias Baini Aerospace & Resources Investor Relations Bikes Division OHS &Safety EA & Administration Marketing Sales Angela McGinness Beau Lang Gloria Hildebrandt Jayesh Modi Khanh Nguyen Amit Rathi
Slide 30: Targeting $11bn out of $24bn Bike market
Targeting $11bn out of $24bn Bike market Source: Lucintel Global Bicycle market expected Titomic is in the process of to reach $62 billion by 2024 producing a fully monocoque Titanium bike frame. Source: Lucintel 30