Silex Systems Limited · ASX:SLX
Silex Systems — Investor Presentation (November 2012)
28 slides from Silex Systems's investor presentation, Nov 5, 2012
Slide 1: Silex Systems Investor Presentation November 2012
For personal use only Silex Systems Investor Presentation November 2012 Dr Michael Goldsworthy – CEO © Silex Systems Limited 2012
Slide 2: Forward Looking Statements
P2 Forward Looking Statements For personal use only Silex is a research and development Company whose assets include its proprietary rights in technologies, including but not limited to, the SILEX technology, Solar Systems technology, Translucent technology and ChronoLogic technology. Several of the
Slide 3: Disclaimer
P3 Disclaimer For personal use only Silex Systems Ltd (Silex) has prepared this presentation based on information available to it. The information in this presentation does not purport to be a complete description of Silex and/or its various business activities. Except as required by law, no represe
Slide 4: Corporate Overview
P4 Corporate Overview For personal use only Company Description • Silex Systems Limited is an ASX-listed company focussed on development and commercialisation of technologies across three platforms: • Nuclear Energy • Solar Energy • Advanced Materials & Instrumentation ASX Ticker: SLX Market Capital
Slide 5: Businesses
P5 Businesses For personal use only Silex Solar Systems Translucent Chronologic Systems Third generation laser Utility Scale Game changing Precision instrumentation uranium enrichment for Concentrating PV semiconductor and LED via distributed ‘USB-in nuclear power power generation substrate material
Slide 6: SILEX Uranium Enrichment Technology
For personal use only Section 2 SILEX Uranium Enrichment Technology © Silex Systems Limited 2012
Slide 7: Uranium Enrichment
P7 Uranium Enrichment For personal use only Uranium Enrichment Advantages of Laser Enrichment • Uranium must be enriched to work as fuel in a nuclear reactor • Significantly more efficient - uses less energy • Process to enrich U235 isotope from 0.7% to ~5% • Smaller footprint than centrifuge and di
Slide 8: Commercialisation and License Agreement
P8 Commercialisation and License Agreement For personal use only Exclusive Agreement • Exclusive worldwide commercialisation and license agreement for SILEX Uranium Enrichment Technology • Agreement originally with GE signed in 2006 51% 25% 24% Next Milestone Payments • USD 15 million due upon succe
Slide 9: Approach to Commercialisation
P9 Approach to Commercialisation For personal use only GLE’s phased approach to commercialisation • Completion of the Test Loop Program • Construction of an initial commercial production module • Construction of a full-scale commercial production facility GLE’s commercial focus • GLE targeting a pro
Slide 10: GLE Commercial Facility - NRC Licence
P10 GLE Commercial Facility - NRC Licence For personal use only Commercial Facility Licence •US Nuclear Regulatory Commission (NRC) responsible for evaluating combined construction and operating license •Construction and operating license application submitted to NRC in July 2009 for the first propo
Slide 11: Nuclear Energy in the United States
P11 Nuclear Energy in the United States For personal use only 104 nuclear reactors in 31 states Current Reactors • 104 nuclear reactors operating in 31 states • ~27% of global nuclear energy capacity is in the US • ~20% of electricity in the US is generated from nuclear energy • Nuclear energy is th
Slide 12: Nuclear Energy Worldwide
P12 Nuclear Energy Worldwide For personal use only Global Issues Key Statistics • Energy security and Climate Change are key concerns 15 percent of global electricity of Governments and Utilities around the world 434 operating reactors • Nuclear ‘renaissance’ to continue despite short-term 64
Slide 13: Solar Systems CPV Dish Technology and Utility Scale Projects
For personal use only Section 3 Solar Systems CPV Dish Technology and Utility Scale Projects © Silex Systems Limited 2012
Slide 14: Cutting-Edge Solar Technology – developed in Victoria, Australia
P14 Cutting-Edge Solar Technology – developed in Victoria, Australia For personal use only • Silex Systems invested in March 2010. • Core technology underwent major redesign – completed September 2012. • Manufacturing facility modified and commissioned – now in production.
Slide 15: Technology Background
P15 Technology Background For personal use only Key Highlights • Multi-junction cells introduced 2005 – from space/satellite industry. • Current efficiency >40% (~ 2x efficiency of silicon cells, ~ 4x efficiency of thin film cells) with roadmap to >50% efficiency • Solar Systems unique dense array f
Slide 16: Product Commercialisation Plan – 2010 to 2015
P16 Product Commercialisation Plan – 2010 to 2015 For personal use only Phases & Funding Contributions •Phase 1 – Product Commercialisation Program: completed September 2012. o Product Release Milestone: completed June 2012. Involved completion of the Dense Array Dish Test System – 16 units installe
Slide 17: Current Development Pipeline
P17 Current Development Pipeline For personal use only Project Location Capacity Dishes Planning Construction Expected Commencement Completion Mildura (Stage 1) Victoria, Australia 1.5 MW 40 Completed Q2 FY 2012 Q4 FY 2013 Mildura (Stage 2) Victoria, Australia 100 MW ~ 3,000 Underway FY 2014 (est.)
Slide 18: Bridgewater Test & Demonstration Facility
P18 Bridgewater Test & Demonstration Facility For personal use only Commissioned in June 2012 • Largest concentrating photovoltaic power station in Australia • 16 unit - 600 kW testing and demonstration facility • Real time data logging, reliability and performance testing • Will enable quick implem
Slide 19: Mildura Stage 1
P19 Mildura Stage 1 For personal use only 2011 – 2013: Construction Phase • 1.5MW DC CPV grid connected power plant (40 dish units) • Permits and approvals completed • Transmission Connection Agreement signed with Powercor • Site works commenced in Q4 2011 • Expected completion in first half of 2013
Slide 20: Mildura Stage 2 – 100MW Solar Power Station
P20 Mildura Stage 2 – 100MW Solar Power Station For personal use only 2012 – 2013: Planning & Preparation Activities • Final design for Stage 2 modular CPV power arrays • Evaluation of connection point to nearby grid line • Preliminary partner discussions (financing, construction, connection & trans
Slide 21: CPV vs PV – Basic Comparison
CPV vs PV – Basic Comparison For personal use only Bridgewater Hervey Bay CPV Facility Hospital PV System Peak Power (@ module) ~ 600kWDC ~ 270kWDC Total Area (system) 2,000m2 1,670m2 Total Module Area 4m2 1,670m2 Concentration 500 x (future 1000 x) 1x Power Density (@ module) ~ 150,000 W/m2 ~ 160 W
Slide 22: Translucent Advanced Materials Technology
For personal use only Section 4 Translucent Advanced Materials Technology © Silex Systems Limited 2012
Slide 23: Rare Earth Oxide (REO) – Platform Technology
P23 Rare Earth Oxide (REO) – Platform Technology For personal use only Key Benefits Total Accessible Market $1.3 billion $300m • Several industries forced to use high-cost non-silicon substrates (eg $500m Germanium, Sapphire and Silicon Carbide) for high-end applications • Translucent’s innovative R
Slide 24: Technology Applications
P24 Technology Applications For personal use only GaN GaN MJ Layers cREOTM cREOTM cREOTM Silicon Silicon Silicon LED Lighting Power Electronics Solar CPV • Lowers cost compared to • Lowers cost compared to • Lowers cost compared to sapphire wafers sapphire wafers germanium wafers • Improves performa
Slide 25: Commercial Progress
P25 Commercial Progress For personal use only LED Lighting •Engaged with customers in USA and Asia •Strong demand to test Mirrored-Si™ wafers for LED fabrication •Initial commercial orders for sample evaluations (up to 150mm wafers) •Work continues for the development of 200mm wafers Power Electroni
Slide 26: ChronoLogic Instrumentation Technology
For personal use only Section 5 ChronoLogic Instrumentation Technology © Silex Systems Limited 2012
Slide 27: Chronologic
P27 Chronologic For personal use only Business Development Opportunities • Chronologic has embarked on an exhaustive process to secure appropriate strategic partners • Strong interest from potential global commercial partners • Discussions with commercial companies regarding potential divestment str
Slide 28: Thank you
For personal use only Thank you © Silex Systems Limited 2012
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