Silex Systems Limited · ASX:SLX

Silex Systems — HY2013 Earnings Presentation

24 slides from Silex Systems's earnings presentation, Feb 22, 2013

  1. Slide 1: Silex Systems Ltd Operational Update

    For personal use only Silex Systems Ltd Operational Update 22 February 2013 Dr Michael Goldsworthy – CEO © Silex Systems Limited 2013

  2. 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

  3. 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

  4. Slide 4: Businesses

    P4 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

  5. Slide 5: SILEX Uranium Enrichment Technology

    For personal use only Section 2 SILEX Uranium Enrichment Technology © Silex Systems Limited 2013

  6. Slide 6: Key Highlights - HY 2013

    P6 Key Highlights - HY 2013 For personal use only US NRC Issued the Commercial Plant Licence on 25th September 2012 • Combined construction and operating license for the first planned commercial plant in Wilmington, North Carolina. GLE submitted an Expression of Interest to the US Department of Ener

  7. Slide 7: Commercial Facility - NRC Licence Approval

    P7 Commercial Facility - NRC Licence Approval For personal use only Commercial Facility Licence •Construction and operating license application submitted to US Nuclear Regulatory Commission (NRC) in July 2009 for the first proposed plant in Wilmington, North Carolina. NRC Issued the Commercial Plant

  8. Slide 8: Approach to Commercialisation

    P8 Approach to Commercialisation For personal use only GLE’s phased approach to commercialisation • Phase 1: Test Loop Program (well advanced) and NRC License (completed). • Phase 2: Engineering Design of full-scale commercial plant and construction of an initial commercial production module. • Phas

  9. Slide 9: Paducah Enrichment Plant Opportunity

    P9 Paducah Enrichment Plant Opportunity For personal use only Expression of Interest submitted - opportunity for additional plant in Paducah, Kentucky USA • GLE submitted an EOI to the US Department of Energy on 21st February proposing the construction of a SILEX laser enrichment plant in Paducah. •

  10. Slide 10: 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 2013

  11. Slide 11: Key Highlights - HY 2013

    P11 Key Highlights - HY 2013 For personal use only Construction of Mildura Demonstration Plant • Construction of the 1.5MW (40 Dish) demonstration facility nearing completion – expected by mid-year • Physical grid connection completed 30th January 2013 . Construction of Nofa (Saudi Arabia) Demonstra

  12. Slide 12: Technology Background

    P12 Technology Background For personal use only Key Characteristics • Utilises Multi-junction cells – 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 form

  13. Slide 13: Current Development Pipeline

    P13 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 Q4 CY 2011 Q2 CY 2013 Mildura (Stage 2) Victoria, Australia 100 MW ~ 3,000 Underway CY 2014 (est.)

  14. Slide 14: Nofa Resort Demonstration Facility – Saudi Arabia

    P14 Nofa Resort Demonstration Facility – Saudi Arabia For personal use only • Construction well advanced for 1MW (28 Dish units) demonstration facility • Expected completion in second half of CY 2013 – subject to variability Bridgewater Test and Demonstration Facility © Silex Systems Limited 2013

  15. Slide 15: Mildura Stage 1

    P15 Mildura Stage 1 For personal use only 2011 – 2013: Construction Phase • 1.5MW DC CPV grid connected power plant (40 dish units) • Transmission grid connection completed by Powercor Jan ‘13 • Expect completion in mid-2013 • Funding contribution of $10 million from Victorian Government Mildura (St

  16. Slide 16: Translucent Advanced Materials Technology

    For personal use only Section 4 Translucent Advanced Materials Technology © Silex Systems Limited 2013

  17. Slide 17: Key Highlights - HY 2013

    P17 Key Highlights - HY 2013 For personal use only Product development of novel substrates • Product development and industry validation activities for low cost substrates targeting the Power Electronics and CPV Solar industries well advanced • Potential for first commercial outcomes/orders in secon

  18. Slide 18: Rare Earth Oxide (REO) – Platform Technology

    P18 Rare Earth Oxide (REO) – Platform Technology For personal use only Key Benefits • Several industries forced to use high-cost non-silicon substrates (eg Germanium, Sapphire and Silicon Carbide) for high-end applications • Translucent’s innovative REO platform could enable use of larger low- cost

  19. Slide 19: Commercialisation Progress

    P19 Commercialisation Progress For personal use only Power Electronics •Engaged with customers in USA, Europe and Asia •Strong interest for 100mm and 150mm vGaN™ wafers for FET device fabrication •Higher margin vFET™ wafers being prepared for evaluation •Work continues for the development of 150mm v

  20. Slide 20: ChronoLogic Instrumentation Technology

    For personal use only Section 5 ChronoLogic Instrumentation Technology © Silex Systems Limited 2013

  21. Slide 21: Key Highlights - HY 2013

    P21 Key Highlights - HY 2013 For personal use only New (2nd Generation) Product Range Finalised • ‘DVI’ Product Range introduced (first product - Modular Oscilloscope released) • High performance 3rd Generation technology recently demonstrated Decision by Silex to Undertake Strategic Review of Busin

  22. Slide 22: ChronoLogic Business Development Opportunities

    P22 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 strategies – o

  23. Slide 23: Corporate Outlook

    P23 Corporate Outlook For personal use only  Sufficiently funded to execute commercialisation strategies  Tightly focused groups with strong leadership  All four technologies moving into their commercialisation phases  All four technologies have important value-adding milestones over the next ye

  24. Slide 24: Thank you

    For personal use only Thank you © Silex Systems Limited 2013 20

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