Aeluma, Inc. · NASDAQ:ALMU
Aeluma — Investor Presentation (December 2022)
26 slides from Aeluma's investor presentation, Dec 12, 2022
Slide 1: Investor Presentation
Sensing Reimagined TM Investor Presentation December 12, 2022 © Aeluma, Inc. All Rights Reserved.
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains summary information about Aeluma, Inc. (“Aeluma”) as of the date hereof. The information in this presentation is of general background and contains an overview and summary of certain data selected by the management of Aeluma. It does not purport
Slide 3: At a Glance
At a Glance Enabling the future of automation with high performance sensors Overview Aeluma is a leading-edge semiconductor company specializing in scalable, cost-effective sensor technologies for advanced LiDAR solutions. Corporate Headquarters: Goleta, California (Infrared Capital of the World) Fo
Slide 4: Mission
Mission Our vision is: Ubiquitous Sensing Homes, cars, phones, … everywhere And we achieve this with: Scale, Cost, and Delivery © Aeluma, Inc. All Rights Reserved. Source of mobile phone image: https://www.sacyr.com/en/-/lidar-el-nuevo-ojo-laser-de-los-telefonos-moviles 4
Slide 5: Background on Automotive LiDAR
Background on Automotive LiDAR High-Performance Semiconductor Sensors for Autonomous Systems What’s Behind the “Eye” Automotive LiDAR Infrared Imaging Representative commercial InGaAs-on-InP FPA for 3D imaging and long-range LiDAR Issues preventing broad adoption • Cost: Price for detector array is
Slide 6: The Aeluma Approach to Sensor Manufacturing
The Aeluma Approach to Sensor Manufacturing Bringing High-Performance Technology to Low-Cost Silicon Manufacturing Typical Silicon substrate sizes Leaping from InP to Silicon Representative commercial 12 inch InGaAs-on-InP sensor for 3D imaging and long-range LiDAR 8 inch Manufactured on Typical InP
Slide 7: Aeluma’s Technology Breakthrough
Aeluma’s Technology Breakthrough Scalable, Cost-Effective Manufacturing Enabled by Cutting-Edge Intellectual Property Aeluma high-performance InGaAs photodetector Conventional manufacturing of arrays with Silicon manufacturing InGaAs photodetector arrays 16X wafer area Moving from 3-inch to 12-inch
Slide 8: Aeluma’s Initial Focus on Automotive LiDAR
Aeluma’s Initial Focus on Automotive LiDAR ● LiDAR is essential for Autonomous Driving and Advanced Driver Assistance Systems (ADAS).1 ● Mid- and long-range LiDAR sensors require InGaAs-based receivers2, however, InGaAs manufacturing is expensive and low volume therefore preventing scaling and broad
Slide 9: To Provide Increased Visibility and Longer Range Cost Effectively
Aeluma’s Goal: To Provide Increased Visibility and Longer Range Cost Effectively Manufacturing high-performance InGaAs photodetector arrays at Silicon cost levels Aeluma’s disruptive InGaAs-on-Si is scalable and cost-effective without sacrificing performance. © Aeluma, Inc. All Rights Reserved. Note
Slide 10: Aiming to Service a Broad Market
Aiming to Service a Broad Market High Performance Imaging for a Variety of Markets Initial target markets Future potential markets LiDAR for Automotive and Industrial 2030 TAM: $5B-$42B1,2 2024 Market Projections3 113 million automotive vehicles 131 million tablets 1.73 billion mobile phones Aeluma’
Slide 11: Emerging Market: Automotive OEM LiDAR Demand is Increasing
Emerging Market: Automotive OEM LiDAR Demand is Increasing Volvo Will Install Lidar on All New Vehicles Recently it was announced that Volvo will install LiDAR systems onto all new vehicles to help identify potential dangers at extreme distances. Source and Image: LiDAR News, October 12, 2022 https:
Slide 12: Emerging Market: Automotive OEM LiDAR Demand is Increasing
Emerging Market: Automotive OEM LiDAR Demand is Increasing Image Credit: MIRISE (DENSO / Toyota) Toyota’s LS 500h and Mirai models with short and long-range LiDAR Image Credit: Toyota https://www.motor1.com/news/499716/lexus-toyota-advanced-drive-system/ © Aeluma, Inc. All Rights Reserved. 12
Slide 13: Emerging Market: Automotive OEM LiDAR Demand is Increasing
Emerging Market: Automotive OEM LiDAR Demand is Increasing Nissan Motor Corporation: “Nissan aims to expand ProPILOT technology to over 2.5 million Nissan and INFINITI vehicles by fiscal year 2026. The company will also further develop its autonomous vehicle technologies, aiming to incorporate next
Slide 14: Emerging Market: Automotive OEM LiDAR Demand is Increasing
Emerging Market: Automotive OEM LiDAR Demand is Increasing Israeli lidar startup Innoviz struck a deal reported to be worth $4 billion with Volkswagen to supply advanced ADAS (advanced driver-assistance system) features for its next generation of automated vehicles. The deal will run for Source: TES
Slide 15: Manufacturing for a Mass Market
Manufacturing for a Mass Market Aeluma’s Large-Diameter Silicon Manufacturing Economies of Scale Cars will have Radar, LiDAR, and Camera sensors Example case: Manufacturing 5,000,000 FPA units Number of wafers required Number of wafers required • Market: 113 million automotive vehicles in 20241 3-in
Slide 16: Wafer-Scale Integration
Wafer-Scale Integration Silicon Manufacturing Environment Enables Advanced Integration and Packaging Conventional chip-to-chip hybridization Wafer-to-wafer 3D Integration • Expensive packaging with low throughput Low cost and high throughput • Limited performance indium bumps Higher performance
Slide 17: Aeluma Outperforms the Competition
Aeluma Outperforms the Competition Technology Comparison Incumbent technologies Technologies under consideration for scaling and cost reduction Cost-Performance Tradeoff Technology: Silicon SPAD InGaAs-on-InP Ge-on-Si Thin film InGaAs-on-Si Status: Incumbent for Incumbent for Considered for Consider
Slide 18: Aeluma’s Headquarters
Aeluma’s Headquarters Facility with manufacturing cleanroom in ideal location for development ● Located in Goleta, California High-Tech Corridor ● In the heart of the Infrared Capital of the World ● 9,000 sq. ft. space with cleanroom facility ● Close to University of California Santa Barbara © Aelum
Slide 19: Aeluma’s Cost-Effective Scalable Manufacturing
Aeluma’s Cost-Effective Scalable Manufacturing Unique 12-inch Wafer Capability and Strong Intellectual Property ● Commercial 12-inch state-of-the-art deposition tool ● Set up for cassette loading production ● One of only a few such tools worldwide ● Extensive patent protection and trade secrets © Ae
Slide 20: Timeline, Milestones and Traction
Timeline, Milestones and Traction Aeluma’s Go-to-Market Strategy: Partner with strategic system integrators, Tier 1 automotive suppliers, and semiconductor foundries to implement Aeluma’s technology in LiDAR sensor products Deliver engineering Concept and early-stage Prepare facility Install and qua
Slide 21: Aeluma Milestone Achievements
Aeluma Milestone Achievements Planned milestones How have we done? July 1, 2021 – December 31, 2022 (18 months) Milestone Achievements Status 1. Prepare facility 1. Completed at Month 2 2. Install and qualify equipment 2. Completed at Month 4 3. First run on 12-inch Silicon wafer 3. Completed
Slide 22: Selective Growth for Laser Integration
Selective Growth for Laser Integration Deposition of GaAs compounds in recesses for Silicon Photonics 12-inch AIM Photonics Silicon Photonics Wafer with Selective Growth by Aeluma – This can enable process integration! Silicon Photonics Market Data – Applications include Automotive LiDAR, Datacenter
Slide 23: Aeluma Intellectual Property Strategy
Aeluma Intellectual Property Strategy Strategy and Status ● Trade Secrets ○ Secret information that provides a competitive advantage ○ Reasonable precautions taken to preserve secrecy ○ Examples: confidential business information, process recipes, chip designs, layer structures, employees and skill
Slide 24: Our Leadership Team
Our Leadership Team Vision, Entrepreneurship and Expertise Jonathan Klamkin, PhD Shuji Nakamura, PhD Founder, CEO & Seed Investor Director Thomas Laux Jeffrey Shealy, PhD, MBA VP of Business Advisor & Seed Investor Development Steven DenBaars, PhD Palvi Mehta Advisor, Seed Investor & Director Direct
Slide 25: Aeluma: What’s planned for the next ~12 months
Aeluma: What’s planned for the next ~12 months Building on our Momentum ● Early revenue from ongoing customer contracts ● Pending government contract with industrial partners ● CHIPS Act opportunities ● Further establish production-scale foundry process ● Further business development opportunities ○
Slide 26: Company Contact
Sensing Reimagined TM Company Contact: Jonathan Klamkin, CEO Aeluma, Inc. 805-351-2707 jonathan.klamkin@aeluma.com © Aeluma, Inc. All Rights Reserved.