Gelion Plc · LSE:GELN
Gelion — Investor Presentation (November 2021)
34 slides from Gelion's investor presentation, November 2021
Slide 1: Clean energy storage, creating the climate of tomorrow
Clean energy storage, creating the climate of tomorrow. Company Overview November 2021
Slide 2: Important information and disclaimer
Important information and disclaimer DISCLAIMER The information contained in this confidential document (“Presentation”) has been prepared by Gelion UK Limited (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. This Presentation has n
Slide 3: Important information and disclaimer
Important information and disclaimer Neither this Presentation nor any copy of it may be (a) taken or transmitted into Australia, Canada, Japan, the Republic of Ireland, the Republic of South Africa or the United States of America (each a “Restricted Territory”), their territories or possessions; (b
Slide 4: Our Mission
Our Mission To provide global energy storage solutions that are robust, safe, affordable with low environmental impact, enabling the supply of clean power and fresh water for all. United Nations Sustainable Development Goals (SDG) CONFIDENTIAL GELION 2021 4
Slide 5: Gelion Technology Breakthrough
Gelion Technology Breakthrough From :- Traditional Zinc Bromide To :- Gelion Zinc Bromide Flow Battery Non-Flow Battery CONFIDENTIAL GELION 2021 5
Slide 6: Our Leadership Team
Our Leadership Team Thomas Maschmeyer Steve Mahon Andrew Grimes Amit Gupta Stuart Rayner Founder and Principal Technology Chairman Gelion UK CEO CFO Commercial Director Advisor, Gelion Technologies A serial entrepreneur with four successful Steve is an experienced investment Andrew is a trained Chem
Slide 7: Our Investment Opportunity
Our Investment Opportunity Breakthrough technologies for the clean energy revolution, Gelion has raised £22m to achieve EBITDA B/E in 2024. Gelion Energy Solutions Gelion Performance Additives Stationary Energy Storage Mobile Energy (Funding £18m) EVs and e-Aviation (Funding £4m ) Advanced Li-ion, L
Slide 8: Commercialisation Milestones
Commercialisation Milestones First sale of ZnBr2 Battery Energy ZnBr2 Pilot manufacturing Agreement 500 kWh of ZnBr2 Validation of Scale up ZnBr2 Agricultural demonstrations ZnBr2 manufacturing at HBL ZnBr2 1.2 kWh pack Manufacturing deployments 2021 2022 2023 2024 First Performance EBITDA Silicon n
Slide 9: Technology Patents and IP
Gelion Technology Patents and IP Gelion continues to develop and patent our ZnBr2 Endure technologies. Gelion and our partners continue to develop and patent the Performance Additives for advanced Lithium- Region #1 ion battery technologies. Region #2 Not covered Patent coverage seeks protection in
Slide 10: Summary
Summary Superior energy shifting technology Breakthrough battery Gelion’s battery system Uses abundant Zinc Bromide technology founded in 2015 is a low cost, safe and (ZnBr2). by Professor Thomas recyclable alternative Low cost inputs. Maschmeyer, to Lithium-ion (Li-ion) Zinc vs lithium hydroxide a
Slide 11: Summary
Summary Manufacturing Gelion’s Non-Flow ZnBr2 battery Strategic manufacturing 400 MWh off-take MoUs enables a low cost manufacturing partner agreements signed. signed. process with minimal maintenance costs. Manufacturing Capex estimated for 1 GWh capacity: - India Gelion brownfield ~US $16 M vs Li-
Slide 12: Targeting The High Growth Opportunity In The Global Stationary Energy Storage Market
Gelion Targeting The High Growth Opportunity In The Global Stationary Energy Storage Market Off -Grid forecast by Faraday Research estimates 750 GWh by 2030, doubling the opportunity size. Source: Wood MacKenzie, June 2021 CONFIDENTIAL GELION 2021
Slide 13: Competitive Advantages ZnBr2 Non-Flow chemistry
Gelion Competitive Advantages ZnBr2 Non-Flow chemistry A lower levelized cost of energy storage (LCOES) alternative to Li-ion and PbA battery technologies. Low Cost, Safe and Recyclable Battery 01 02 03 04 Low cost, Long-life, Safe and High Highly Robust and Long-duration Temperature Tolerant Recycl
Slide 14: Fire Safe Battery Technology
Gelion Fire Safe Battery Technology 00:00 33:34 Gelion battery cell CONFIDENTIAL GELION 2021 14
Slide 15: Fire Safe Battery Technology
Gelion Fire Safe Battery Smoke generation Technology Electrolyte boils Battery operates, light still on 00:00 10:49 33:34 Gelion battery cell Hot plate heated by gas burner to 600° C CONFIDENTIAL GELION 2021 15
Slide 16: Fire Safe Battery Technology
Gelion Fire Safe Battery Smoke generation No fire Technology Electrolyte boils Battery operates, light still on Reduced smoke Light still on 00:00 10:49 33:34 Gelion battery cell Hot plate heated by gas Battery was recharged and burner to 600° C operated the next day CONFIDENTIAL GELION 2021 16
Slide 17: Lithium-ion Fire Safety
450 MWh li-ion battery, largest in southern hemisphere Lithium-ion Fire Safety “The recommended process is you cool everything around it so the fire can’t spread, and you let it burn out.” -Ian Beswicke Country Fire Authority (CFA) incident controller 23 large scale li-ion battery fires occurred in
Slide 18: Competitive Advantages ZnBr2 Non-Flow chemistry
Gelion Competitive Advantages ZnBr2 Non-Flow chemistry A lower levelized cost of energy storage (LCOES) alternative to Li-ion and PbA battery technologies. Low Cost, Safe and Recyclable Battery 01 02 03 04 Low cost, Long-life, Safe and High Highly Robust and Long-duration Temperature Tolerant Recycl
Slide 19: Award-Winning Technology
Award-Winning Technology Awards for Gelion & Technology Founder Thomas Maschmeyer 2021 Australian Academy of Science David Craig Medal > 2020 Australian Prime Minister’s Prize for Innovation in Science > Ranked #15 in World’s leading Chemists 2010 — 2020 > Times Higher Education Top Ten ‘Academics W
Slide 20: Technology Evolution
Gelion Technology Evolution Round Trip Efficiency (RTE) Early-Stage R&D Advanced R&D Test cells disc format Commercial product vertical Single cells Gel electrodes Prototype vertical cell format cell format University of Sydney Lighting In-field Input into Project deployments 2021 monoblock unit 65%
Slide 21: CONFIDENTIAL GELION 2021
CONFIDENTIAL GELION 2021 21
Slide 22: Commercialisation Pathway
Gelion Commercialisation Pathway Horizon 01 Off-Grid Agriculture, Fresh Water Supply, Mining Applications 2022 — onwards Commence deploying systems with partners, e.g. 10 kWh–1MWh and 48V DC / 240V AC Stand-Alone Fresh Water Mining Agriculture Power Systems Supply Dewatering CONFIDENTIAL GELION 2021
Slide 23: Commercialisation Pathway
Gelion Commercialisation Pathway Horizon 02 Scale up — Large C&I, Solar and Wind Farms and Utility Scale 2024 — onwards Modularised battery system to enable capacity scale up and high voltage deployments, e.g. 100 kWh – 50+ MWh and 800V. Commercial & Industrial (C&I) Solar Farm Wind Farm Utility Gri
Slide 24: Our Alliances
Our Alliances Technology Manufacturing Off-take MoUs Global Global European Renewable Energy Company CONFIDENTIAL GELION 2021 24
Slide 25: Performance Additives
— Performance 3 — Additives
Slide 26: Gelion Performance Additives
Gelion Performance Additives Targeting the high growth electric mobility markets. Cars Drones EV battery market sales forecast US$125 billion 2030 CAGR 18% p/a1. Si nano particle market by 2030 US $18 to $47 billion2. Trucks Electric Aviation 1 Avicenne Energy 2019 (CAGR calculated from year 2015 th
Slide 27: Gelion Performance Additives
Gelion Performance Opportunity to replace Solid Additives State with LSS1 Forecast future market share of lithium-based battery technologies Gelion Performance Additives support next-generation lithium battery technologies. 1 Gelion C O Nmanagement F I D E N T I A L G E L aim ION 2021 Source: Lux Re
Slide 28: Practical Energy Density
Performance Additives 1000 By enabling advanced silicon and sulfur electrodes, Gelion Practical Energy Density 800 can achieve high to ultra-high 600 energy densities. Gravimetric (Wh/kg) Volumetric (Wh/L) 400 200 0 Li-ion Li-ion (Adv) Li-Sulfur Li-Silicon-Sulfur Li-ion (Adv) Li-Sulfur Lithium-Silic
Slide 29: Capital Raise 2021 Discussion
Gelion Capital Raise 2021 Discussion
Slide 30: Structure
Structure Australian investors UK investors 53% Gelion plc 47% CONFIDENTIAL GELION 2021 30
Slide 31: Commercialisation and Funding Timeline
Commercialisation and Funding Timeline Pre-IPO £6 M Capital Raise IPO Capital Raise £16 M In-field Certifier verification, Scale up production, ZnBr2 demonstrations grow sales order book expand sales and regions Performance Performance Additive development and scale up Customer approvals Licensing /
Slide 32: Capital Raisings and Valuation Growth
Capital Raisings and Valuation Growth CONFIDENTIAL GELION 2021 32
Slide 33: Use of Funds (Cumulative)
Use of Funds (Cumulative) 2021 2022 2023 2024 30 LiSi NewCo Capital Investment Working Capital Capital Expenditure Net Operating Expenses 20 Expenses of the Offer £M 10 0 £22M Runway EBITDA break-even Capital raise to Use of Funds Q4 2024 (£ M) Net Operating Expenses £7.7 Capital Expenditure £4.7 Ex
Slide 34: Thank you
Thank you INFO@GELION.COM GELION.COM CONFIDENTIAL GELION 2021