Bluglass Ltd · ASX:BLG
Bluglass — Shareholder Meeting (November 2012)
21 slides from Bluglass's shareholder meeting presentation, Nov 26, 2012
Slide 1: BluGlass 2012 AGM Presentation
For personal use only BLUGLASS 2012 AGM PRESENTATION GILES BOURNE, CEO, BLUGLASS LIMITED MONDAY 26 NOVEMBER 2012 BLUGLASS PRESENTATION – JUNE 2012
Slide 2: Disclaimer
DISCLAIMER For personal use only This document has been prepared by BluGlass Limited to provide existing and prospective investors in BluGlass Limited with a summary of progress to date. Any statements, opinions, or other material contained in this document do not constitute any commitments, represe
Slide 3: The Year in Review
BLUGLASS GROWS HIGH QUALITY GaN FILMS USING LOW THE YEAR For personal use only TEMPERATURE RPCVD HITS PROOF OF CONCEPT: PRODUCING n-GaN FILMS THAT MEET INDUSTRY BENCHMARKS IN REVIEW The Company is now well positioned to CRITICAL IMPURITIES BROUGHT TO WITHIN INDUSTRY STANDARDS take its recent results
Slide 4: In the Media: Snapshot
IN THE MEDIA: SNAPSHOT For personal use only BLUGLASS HITS NEW HEIGHTS WITH BLUGLASS TARGETS LED MARKETS LED TECHNOLOGY Compound Semiconductor Magazine asks BluGlass “Will the Australia-based firm's low temperature deposition NOVEMBER 22, 2012 technology take the strain away from LED manufacturing?”
Slide 5: Major Technical Breakthrough: High Quality Crystal GaN
MAJOR TECHNICAL BREAKTHROUGH: HIGH QUALITY CRYSTAL GaN For personal use only This is a critical step in proving to industry the potential of our breakthrough technology High quality crystalline GaN grown ✓ using RPCVD on GaN template Low defect density RPCVD material, ✓ matching the crystal quality
Slide 6: Hits Proof of Concept Milestone: Industry Quality n-GaN
HITS PROOF OF CONCEPT MILESTONE: DEMONSTRATION OF INDUSTRY QUALITY n-GaN AND REDUCTION OF IMPURITIES For personal use only This is a significant step forward that BluGlass believes will help enable the demonstration of enhanced LEDs grown using RPCVD. Reduction of impurities and demonstration of n-
Slide 7: Significant New Intellectual Property
SIGNIFICANT NEW INTELLECTUAL PROPERTY For personal use only The extent of our intellectual property portfolio is visible testament that BluGlass is successfully breaking new ground towards RPCVD becoming a commercial reality Provisional Patents Technical advancements have resulted in two provisional
Slide 8: 100% Ownership of EpiBlu
100% OWNERSHIP OF EPIBLU For personal use only BluGlass negotiated the acquisition of SPTS’ 49% stake in the EpiBlu Joint Venture BluGlass will receive 100% of the benefit of future cash flows from its core IP ✓ VALUE BluGlass will also retain a license to the SPTS background IP Fully aligns the int
Slide 9: Virtual Tour
VIRTUAL TOUR For personal use only 9 BLUGLASS PRESENTATION – JUNE 2012
Slide 10: AusIndustry Visit
AUSINDUSTRY VISIT For personal use only 10 BLUGLASS PRESENTATION – JUNE 2012
Slide 11: Financial Results
FINANCIAL RESULTS For personal use only 2011 2012 Revenue $’000 2,085 2,478 Net Loss $’000 (4,171) (3,237) Consolidated Cash $7.97M $3,73M Patents Lodged 1 3 Patents Granted 2 1 Revenue increased 16.1% to $2.4M due to the following factors: Receipts from the Commonwealth Climate Ready Grant increase
Slide 12: The Year Ahead
THE YEAR For personal use only AHEAD BluGlass’ technology, RPCVD, has the potential to offer LED manufacturers significant performance and cost advantages, by growing group III-nitrides at lower temperatures 12 BLUGLASS PRESENTATION – JUNE 2012
Slide 13: Roadmap to Market
For personal use only Over 15 years of Establishes world research at Macquarie class facility in Commissions 5th JV agreement with Produce high quality University led to the Silverwater generation RPCVD SPTS Technologies, crystal GaN at low establishment of BLG Commissions 4th machine SPTS invests $
Slide 14: Market Opportunities
MARKET OPPORTUNITIES For personal use only Revenues for high-brightness LEDs grew108% to $11.2 billion in 2010 Revenue is expected to peak in 2014 at $16.2B and then fall to $15.3 B in 2015. The dip in revenues will be temporary, as lighting will take over as the engine for growth after 2015. Source
Slide 15: The Technology Update
THE For personal use only TECHNOLOGY UPDATE “It is estimated it is possible to alleviate the need for 133 nuclear power stations in the US by the year 2025 if white solid state lighting is implemented” PROFESSOR SHUJI NAKAMURA 15 BLUGLASS PRESENTATION – JUNE 2012
Slide 16: Potential Benefits of RPCVD
POTENTIAL BENEFITS OF RPCVD CLICK TOFOR LED TITLE STYLE EDIT MASTER For personal use only A low temperature growth system such as RPCVD may offer LED manufacturers compelling performance advantages at several stages of device growth. Low temperature p-GaN is one area that BluGlass is presently focus
Slide 17: Demonstration Planned for Low Temperature p-GaN
DEMONSTRATION PLANNEDCLICK TO EDIT MASTER TITLE STYLE FOR LOW TEMPERATURE p-GaN For personal use only BluGlass is targeting low temperature p-GaN as the first commercial opportunity LED STRUCTURE GROWN p-GaN GROWN USING MOCVD USING RPCVD RPCVD p-GaN grown at INTERMEDIATE p-GaN grown at LOW temperatu
Slide 18: Progress Towards the p-GaN Commercial Opportunity: Reduces Impurities
PROGRESS TOWARDS THE p-GaN COMMERCIAL OPPORTUNITY REDUCES IMPURITIES For personal use only Earlier this year, an RPCVD grown GaN film with good crystal quality was demonstrated when grown on a GaN template (refer to Figure 1) Recently, an RPCVD GaN film grown on a GaN template was shown to have low
Slide 19: Progress Towards the p-GaN Commercial Opportunity: Electrical Properties
PROGRESS TOWARDS THE p-GaN COMMERCIAL OPPORTUNITY ELECTRICAL PROPERTIES For personal use only ROOM TEMPERATURE HALL MEASUREMENT RESULTS OF AN RPCVD n-GaN FILM GROWN ON A UN-DOPED COMMERCIAL GaN TEMPLATE COMPARED TO A TYPICAL MOCVD GROWN n-GaN FILM TYPICAL MOCVD n- RECENT RPCVD n-GaN DATA GaN SPECIFI
Slide 20: Next Technical Steps
NEXT TECHNICAL STEPS For personal use only Process Demonstrate Process development of RPCVD p-GaN development of RPCVD p-GaN material RPCVD p-GaN 01 grown on 02 specifications on 03 integrated with MOCVD par with MOCVD MOCVD LED GaN templates grown p-GaN devices Demonstrate Scale the RPCVD improved
Slide 21: Thank You
For personal use only THANK - YOU THANK YOU BLUGLASS PRESENTATION – JUNE 2012