Corporate Presentation 28 May 2014 Contents Background to the - - PowerPoint PPT Presentation
Corporate Presentation 28 May 2014 Contents Background to the - - PowerPoint PPT Presentation
A game-changing technology for generating hydrogen for the multi-billion dollar Hydrogen Energy Market Corporate Presentation 28 May 2014 Contents Background to the Hydrogen Energy Market Enormous current opportunity Actas Product
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Contents
◆ Background to the Hydrogen Energy Market
◆ Enormous current opportunity
◆ Acta’s Product Range
◆ Real products, selling now
◆ Market Opportunities
◆ Roll-out started, multiple negotiations with global customers in
progress
◆ Summary
Acta has a game-changing technology for generating hydrogen for the multi-billion dollar hydrogen energy market
Unique Technology Platform
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How does hydrogen store energy?
◆
Hydrogen is Nature’s Battery
◆
Stores energy when available
◆
Delivers power when required
◆
Pollution free
Electricity Water Electricity Water Acta Hydrogen Generator Hydrogen Storage Fuel Cell System
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Hydrogen Energy Applications
Back-Up Power
◆ Fragile electricity
grids
◆ Hurricane Sandy:
fuel cell systems mandated for telecoms
◆ Hydrogen
infrastructure is lacking
Domestic Power
◆ Ubiquitous growth of
renewables (IPCC)
◆ Intermittency threatens
grid stability
◆ Local energy -
generation, storage and consumption
3rd World
◆ Primary power for
remote communities
◆ Critical national
infrastructure investment
◆ Renewable power
storage
Hydrogen is the perfect energy store
Automotive Fuel
◆ Electric vehicles ◆ Fuel from renewables ◆ Fuel cell vehicle
fleets launching in 2015
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Where is the Hydrogen Infrastructure?
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◆ But there is a problem: the lack of suitable hydrogen infrastructure
◆ How do you generate the hydrogen? ◆ How do you get it to the point of use?
70% of hydrogen cost is delivery cost Wouldn’t it be great if hydrogen could be generated on site instead?
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Acta – a Hydrogen Energy company
Cost-effective practical solutions for onsite hydrogen generation
◆ Acta has a game-changing technology for the hydrogen
energy market
◆
Low cost, reliable, efficient
◆
Renewable, grid or intermittent power
◆
Designed for in field installation
◆ Product standardisation in 2013 for mass production ◆ Product evaluations underway with multinational customers ◆ Manufacturing plant in Pisa ready for commercial volumes
Acta Power installed unit
(live site evaluation)
Key Differentiators
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ü Industry work-horse ü No exotic materials
Hydrogen for Energy Solid Membrane Electrolysers Industrial Hydrogen Liquid Electrolyte Electrolyser
PEM Innovative Acta AEM
Acta has developed a Solid Alkaline Membrane electrolyser which provides the lowest cost solution to onsite hydrogen generation for energy
X High maintenance X No renewables X No direct pressure X Non fit for on-site H2
ü Fit for renewables ü H2 compressed >30 bar ü Low maintenance
X High cost X Exotic materials X Lab quality water
ü All benefits of PEM, plus: ü Low cost-no exotic materials ü Rain water - Fit for on-site H2 ü High electric efficiency
X New technology
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Commercial Products, Selling Now
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Electrolysers Electrolytic stacks Systems Core Expertise
◆ Unique patented
invention
◆ World-leading
Intellectual Property
Technology Platform
◆ Generates hydrogen
- n-site
◆ Modular components
The Hydrogen BatteryTM
◆ Self-recharging fuel cell ◆ Grid or renewable ◆ Remote management
Commercial validation through customers and partners
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One Platform, Many Applications
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Back-up Power Market Value $2 Billion Renewable Energy Storage Market Value $10 Billion Easy refuelling for electric vehicles Market Value $1.5 Billion Industrial Gas Market Value $5 Billion
Acta addresses multi-billion dollar markets
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The Telco Back-Up Power Market
◆
Acta’s first target market
◆
Back-up power allows continuity of mobile phone service
◆ 1.2 million base stations worldwide, 100,000+ new p.a. ◆ 2.9 million Digital Mobile Radio terminals worldwide (including TETRA) ◆ Telco’s spend $ billions on batteries and diesel
◆ Mains power network instability
◆ Ave. 6 hours / week black-out in developing countries (IFC) ◆ Increasing instability in US grid – outages up 124% since 1990’s
◆ Adoption of fuel cell back-up power systems is happening now
◆ Hurricane Sandy: Fuel cells mandated for telecom towers
Telecom Base Station
(mobile network coverage)
Fuel cell systems are cheaper and more reliable
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Acta Power - the Hydrogen BatteryTM
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◆
Self-recharging Fuel Cell system
◆
Lowest cost solution
◆ Cheaper than battery or diesel ◆ Cheaper than hydrogen deliveries ◆
Powered by renewable or grid energy
◆
Robust, reliable, efficient
◆
Proven performance in the field
◆
Runs on tap water or rain water
◆
Smart solution vs traditional systems
2kW – 5kW 200W – 1.1kW
◆ Acta offers a unique fit-for-purpose solution ◆ Repeat orders increasing ◆ Growing number of customers and partners
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Fuel Cell Electric Vehicle Refuelling
◆ Commercial launch of Hydrogen powered cars in 2015
◆ Audi, BMW, Daimler, FIAT, Ford, GM, Honda, Hyundai. Mazda, Nissan, Renault,
Suzuki, Toyota, Volvo, VW
◆ Superiority over battery powered cars
◆ Domestic fuel cell car refuelling system
◆ Project under development ◆ Powered by renewables ◆ Ideal for commercial / municipal fleets
◆ Taiwan scooter trial (APFCT)
◆ 3,000 road-certified fuel cell scooters being produced ◆ Mandated refuelling strategy: onsite hydrogen generation from renewable ◆ Acta is strategic project partner
Acta refuelling fuel cell scooters
(Taiwan)
Honda fuel cell car
(Hannover April 2014)
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Commercial Validation
u
160% growth in product sales
u
150 electrolyser products sold to date
u
50% customer repeat orders
u
Largest customers – 30+ units each
€0 €1.000 €2.000 €3.000 €4.000 €5.000 €6.000 €7.000 10 20 30 40 50 60 70 2011 2012 2013 Ave Selling Price / Unit Products Sold (Units)
Product Sales 2011 - 2013
Product Items Sold (Left Scale) Ave Price / Item (Right Scale) www.actaspa.com
Sunday May 11, 2014
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15
US Sector Performance
Daily Mail, 17 May 2014
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Summary
u
Hydrogen is the successor to fossil fuels
u
On-site hydrogen generation is the key to the hydrogen energy market
u
Acta provides the lowest cost, game-changing solution
u
Commercially successful – growing number of repeat orders and new partners
u
Multiple billion dollar target markets
u
Back-up power
u
Fuel cell vehicle refuelling
u
Distributed renewable energy storage
u
Third World power infrastructure
u
Fuel cell adoption is accelerating- see US sector performance
u
Our product adoption is at the tipping point
Acta – a hydrogen energy company
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Legal Disclaimer
v The information contained in this confidential document (“Presentation”) has been prepared by Acta SpA (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. This Presentation has not been approved by an authorised person in accordance with Section 21 of the Financial Services and Markets Act 2000 and therefore it is being delivered for information purposes only to a very limited number of persons and companies who are persons who have professional experience in matters relating to investments and who fall within the category of person set out in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or are high net worth companies within the meaning set out in Article 49 of the Order or are otherwise permitted to receive it. Any other person who receives this Presentation should not rely or act upon it. By accepting this Presentation, the recipient represents and warrants that they are a person who falls within the above description of persons entitled to receive the
- Presentation. This Presentation is not to be disclosed to any other person or used for any other purpose.
v Altium Capital Ltd (“Altium") is acting for the Company and no-one else in connection with the proposals contained in this presentation. Accordingly recipients should note that Altium is not advising or treating as a client any other person and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Altium nor for providing advice in relation to the proposals contained in this presentation. v While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as "Information") and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation. v Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any prospective investors. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent. v This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient should satisfy itself in relation to such matters. v Neither this Presentation nor any copy of it may be (a) taken or transmitted into Australia, Canada, Japan, the Republic of Ireland, South Africa or the United States of America, their territories or possessions; (b) distributed to any U.S. person (as defined in Regulation S under the United States Securities Act of 1933 (as amended)) or (c) distributed to any individual outside Australia, Canada, Japan, the Republic of Ireland or South Africa who is a resident thereof in any such case for the purpose of offer for sale or solicitation or invitation to buy or subscribe any securities or in the context where its distribution may be construed as such offer, solicitation or invitation, in any such case except in compliance with any applicable exemption. The distribution of this document in or to persons subject to other jurisdictions may be restricted by law and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction.
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www.actaspa.com Via di Lavoria, 56G - 56040 Crespina - Pisa
- Tel. +39.050.644281 - Fax +39.050.642251