Ideal Power Inc. · NASDAQ:IPWR
Ideal Power — Investor Presentation (November 2017)
24 slides from Ideal Power's investor presentation, Nov 13, 2017
Slide 1: Investor Presentation November 2017
Investor Presentation November 2017 NASDAQ: IPWR Ideal Power Development Lab, Austin, Texas
Slide 2: Forward Looking Statements
Forward Looking Statements All statements in this presentation that are not based on historical fact are "forward looking statements." While management has based any forward looking statements included in this presentation on its current expectations, the information on which such expectations were
Slide 3: Ideal Power at Glance
Ideal Power at Glance 3 Investment Highlights Disruptive Technology Platform for Power Conversion Experienced Leadership Executing on Commercialization Strategy Early Entry Into Growing Solar + Storage and Microgrid Markets
Slide 4: We Make Power Converters
We Make Power Converters AC • Power converters change the “flavor” of electricity High voltage High frequency DC Low voltage Low frequency • We sell into three main markets Solar + Storage Storage-Only 4 Microgrids
Slide 5: Reinventing Power Conversion
Conventional Conversion • Continuous one directional power flow • Passive components add size, cost and weight & reduce efficiency • Doubles the hardware needed for bi-directionality Reinventing Power Conversion Power Packet Switching Architecture (PPSA™) • Power flows in either direction • Eliminat
Slide 6: The Ideal Converter
The Ideal Converter • Multi-port • Connect multiple devices with one box • Bi-directional • Charge battery or use battery for power • Built-in Isolation • Required for any system that includes batteries • Compact and Light Weight • Less metal means lower total system cost • Software-Enabled and Upgr
Slide 7: Our Product Portfolio
Our Product Portfolio 7 30kW Stabiliti™ Dual Port Stabiliti™ Multiport SunDial™ SunDial™ Plus Model 30C 30C3 30PV 30PV+S Weight in lbs 135 135 150 150 Power Flows AC DC AC DC DC PV AC PV DC AC Microgrid-Capable Yes Yes No No
Slide 8: Lower Battery Costs Are Driving Adoption in Our Target Markets
Lower Battery Costs Are Driving Adoption in Our Target Markets • Major Investments: • Tesla: $5B • Daimler Benz: $540M • LG Chem: $340M • Samsung: $335M • Planned Investments: • Volkswagen: €10B • Samsung: $2.5B • Johnson Controls: $780M 8 Actual Projected (based on historical cost reduction of 16%
Slide 9: The Duck Curve Illustrates the Imbalance Between Generation and Demand
The “Duck Curve” Illustrates the Imbalance Between Power Generation By Renewables and Actual Power Demand The Duck Curve: Represents the difference between power demand and power supplied to the grid from renewable sources The Problem: Traditional utility load-demand balance is skewed from 3:00P
Slide 10: Solar + Storage Applications C&I + Utility
10 Solar + Storage Applications C&I + Utility
Slide 11: SunDial Solves Core Problem With Distributed Solar Market
SunDial TM Solves Core Problem With Distributed Solar Market Solution: Ideal Power’s SunDial™ integrates solar with batteries; enabling efficient load management Lead Customers: Problem: Solar alone cannot solve demand management, backup, and critical load support problems due to its intermittent na
Slide 12: Energy Storage & Microgrid Applications Commercial & Industrial
12 Energy Storage & Microgrid Applications Commercial & Industrial
Slide 13: Stabiliti Series Dual Port Power Conversion System
Stabiliti™ Series Dual Port Power Conversion System Solution: Ideal Power’s stand-alone storage product allows customers to charge battery arrays in off-peak times and discharge during peak hours Customers: Problem: Peak demand and time-of-use charges make power expensive for customers (commercial a
Slide 14: Microgrids Overview
Microgrids Overview 14 • A microgrid is a small-scale energy system consisting of distributed energy sources that can operate independently or in conjunction with the area's main electrical grid • Self-sufficient, a microgrid serves a discrete geographic footprint, such as a college campus, hospital
Slide 15: Stabiliti Series Multi-Port Power Conversion System - Microgrids
Stabiliti Series Multi-Port Power Conversion System - Microgrids 15 Solution: Ideal Power’s multi-port Stabiliti™ power conversion systems enables efficient and cost-effective microgrids due to its bi- directional, software-enabled design Problem: The cost of building out conventional infrastructure
Slide 16: B-TRAN Technology
B-TRAN Technology IDEAL(®) POWER
Slide 17: B-TRAN Innovation Gives Potential For Licensing Growth
Our B-TRAN TM Innovation Gives Us The Potential For Licensing Growth In The Future B-TRAN™ is a bi-directional, bi-polar silicon switch under development • Novel solution inspired by need for bi-directional power flow • Replaces 2 standard power IGBT’s and 2 diodes with 1 device • Simplifies switchi
Slide 18: B-TRAN Path to Commercialization
B-TRAN TM Path to Commercialization Phase I 3rd Party Simulations Patent Filings Complete Phase II Develop Manufacturing Process First Silicon Devices & Diagnostic Testing Complete Phase III In Progress Engage Licensing Partners 2017 - 2018 18 Parallel Strategy to Accelerate Commercialization A: Sim
Slide 19: Our Capitalization Table
Our Capitalization Table 19 Capital Structure at September 30, 2017 • Market Capitalization: $36.2 M • Basic + Fully Diluted Shares: 14.0 and 24.6 M shares • Cash Balance: $11.7 M • Debt Balance: $0.0 M
Slide 20: Ideal Power at Glance Investment Highlights
Ideal Power at Glance Investment Highlights Disruptive, Patented Power Conversion Technology Reduction in Battery Costs Driving Significant Growth in Target Markets 20 Executing on Commercialization Strategy Asset Light Business Model Significant IP Estate
Slide 21: Recent Developments
Ideal Power at Glance Recent Developments Signed master purchase agreement with NEXTracker for C&I and utility sites throughout North America in Q3 2017 21 Established first licensing agreement for Sundial™ with a Fortune Global 500 company, Flextronics (NASDAQ: FLEX) Introduced new strategic initia
Slide 22: Investor Relations
22 Investor Relations MZ Group Chris Tyson Managing Director (949) 491-8235 IPWR@mzgroup.us Ideal Power Corporate 4120 Freidrich Lane, Ste. 100 Austin, Texas 78744 (512) 264-1542 www.idealpower.com
Slide 23: Appendix
& = 3s \, APPENDIX b IDEAL(®) POWER
Slide 24: Management Team
R. Daniel Brdar CEO & President Management Team 24 Uwe Uhmeyer VP, Engineering Our independent directors are Dr. Lon Bell, Chairman of the Board, David Eisenhaure and Mark Baum Tim Burns, CPA CFO