Transcript
Page 1: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

Xerion A D V A N C E D B A T T E R Y C O R P

StructurePoreTM+Ba.eries+Lightweight,)Low)Cost)Ba/eries)through)Nanotechnology)

John+Busbee,+Ph.D.+Chief)Execu:ve)Officer)

+(217)+377>6888+

j.busbee@xerionba/ery.com)+

Page 2: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

Who we are…

A.  Chartered in Delaware as a C-Corp in 2010.

B.  The founders and majority shareholders are: I.  Chief Executive Officer John Busbee, Ph.D. II.  Chief Financial Officer Christopher Kolb III.  Chief Science Advisor & Inventor Professor Paul Braun, Ph.D. IV.  The University of Illinois

C.  10 employees (including founders) – 6 Ph.D.s

D.  3 Patents (2 Granted/1 Pending)-Exclusive license for all fields of use from University of Illinois. 4 more company patents in progress

E.  Development labs are located at the University of Illinois Research Park at Urbana-Champaign, Illinois.

F.  Raised $6.25M in Angel funding in 2 rounds

A+startup+company+comprised+of+seasoned+entrepreneurs+and+disGnguished+scienGsts+and+engineers+dedicated+to+fully+commercializing+advanced+ba.eries+

+

Page 3: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

StructurePoreTM: Nanostructured, Porous Electrode Architecture

0" 15000" 30000" 45000"

LiCoO2

BEEST Goal

LiFePO4

Xerion

Specific Power, (W/Kg)

Lab$Demonstrated$

0 50 100 150 200

LiFePO4

LiCoO2

Xerion Battery

Energy Density, (Wh / Kg) 0 20 40 60

LiCoO2

LiFePO4

Xerion Battery

Rapid Charge Times (min)

Up#to#50%#reduc.on#in#materials#costs#

+

Page 4: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

#70%#of#electricity#available#with##complete#discharge#in#10#sec#

StructurePoreTM Lab Demonstrated Charge and Discharge Performance

4+

1 10 100 10000.3

0.4

0.5

0.6

0.7

0.8

0.9

1.0

Cap

acity

Ret

entio

n

C Rate

Faster))Discharge)

Typical+Commercial+High+Power+Ba.ery+

LAB+DATA+

PotenGostaGc+charging+(3.5V),+3C+discharge+

#90%#Recharge#in#2#minutes!!#

StructurePore+LMO+Cathode+ StructurePore+LMO/Graphite+Cell+

StructurePore+Lab+Data+

Page 5: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

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Technology Overview

Li++

High Power Density

Fast+movement+of+Li++through+the+pores+

++Fast+movement+of+e>+through+

the+laXce+++

Thin+acGve+material+=++

Fast#Reac.on#

High Energy Density

3D+Architecture+++

Nanoscale+pores+++

No+metal+foil+=++

Ac.ve#material#high#%#of#total#weight#

Enhanced Cycle Life

Reduced+HeaGng+=+

Slower#parasi.c#chemical#reac.ons#

#

+Porous+Structure+

=++Reduced#mechanical#cracking#

due#to#swelling#

Enhanced Safety

Thin+acGve+material+=+

Reduced#Hea.ng###

Nanostructured+metallic+foam+=++

Reduced#electrical#shorts#

Page 6: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

Manufacturing#Processes#Cost+EffecGve,++Commercial++Processing+

Typical+ElectroplaGng+Line+(not+a+typical+ba.ery+process)+

Electrode##Manufacturing#

Typical+Ba.ery++Assembly+Line+

StructurePore)Electrode)Inserted)back)into)Commercial)Assembly)Line)

Cell++Assembly+

Electropla:ng)Powder)Processing)

Typical+Tape+CasGng+Line+(Commercial+Ba.ery+Process)+

Page 7: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

Demonstrated#Milestone#Successes#

Milestone$ Significance#

•  High>power,+nanostructured+carbon+electrode+ !  2X+higher+capacity+

•  High>energy+StructurePore™+silicon+electrode+ !  10X+higher+capacity.+

•  High>energy+StructurePore™+Gn+electrode+ !  10X+higher+capacity+(vol)+

•  New+electroplaGng+process+ !  Directly+deposit+final+ba.ery+material+

•  StructurePore™+ultra>low+metal+variant++ !  From+30%+to+3%+metal+(by+volume)+

•  StructurePore™+zero>metal+carbon+variant+ !  energy+density,+cycle+life+improvements+

•  Tested+be.er+than+high+power+Li>Ion+leaders:+A123,+Horizon,+SAFT+and+Yardney++

•  30%+higher+capacity,+5X>10X+higher+power,+3X>4X+reduced+charge+Gme.+

•  Models+(based+upon+lab+data)+project+50%+reducGon+in+ba.ery+raw+materials+cost+

Page 8: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

New Intellectual Property

6#New#technologies#going#through#the#patent#process#

•  New+solid+polymer+electrolyte+

•  StructurePoreTM+architecture+refinement+

•  New+manufacturing+processes+

•  Two+new+acGve+materials+

•  Advanced+ba.ery+structures+

New#technologies#broaden#markets/New#poten.al#revenue#channels#

Page 9: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

Ba.ery>on>a>chip+Custom>shaped+Ba.eries+

Exis.ng#Commercial##Materials#•  Reduce++Risk+•  Speed+Gme+to+market+#

AQributes:#•  Very+High+Power+•  Fast+Charge+•  Good+Storage+Capacity+•  Be.er+Cycle+Life,+Safety+•  Lower+Cost+#

Markets#•  Hybrid+Vehicles+•  Power+Tools+•  Military+•  UGliGes+

+

High#Capacity#Commercial##LiTion#materials#

•  Being+adopted+now+•  Broaden+market+reach+•  Larger+Markets+

AQributes:#•  High+Storage+Capacity+•  Fast+Charge+•  High+Power+•  Be.er+Cycle+Life,+Safety+•  Low+Cost+

Markets#•  Cell+Phones+•  Laptops+•  Hybrid+Vehicles++

New#LiTion#Materials#• Development+Underway+• DrasGc+Performance+Improvements+

AQributes:#• Very+High+Storage+Capacity+• +Fast+Charge+• High+Power+• Very+High+Cycle+Life+• Very+Good+Safety+• Low+Cost+

Markets#• Grid>Scale+Energy+Storage+• Electric+Vehicles+• Electronics+

Medical+DiagnosGc+Devices ++Microba.eries++

Large>Scale+Manufacturing+

Custom+Systems+

Ba.eries+integrated+in+structures+

Page 10: TBLI CONFERENCE™ NORDIC 2014 - Entrepreneurs Salon - John Busbee - Xerion Battery

Business#Development#

Consumer#Products#

Company$ Product$Area$

Ongoing)Conversa:ons)

Horizon+Hobby+Stanley+Black+and+Decker+Duracell+

Radio>controlled+hobby+aircrai/cars+Power+tools+Consumer+cells+

Electronics#Company$ Product$Area$Samsung+Blackberry+Google+Dell+

All+Products+Handsets>AutomoGve+Netbooks,+handsets+Tablets,+cell+phones,+cameras+

Industrial#Company$ Product$Area$Sempra+Energy+USABC+(GM,+Chrysler,+Ford)+John+Deere+

UGlity+AutomoGve+Agricultural,+Forestry,+ConstrucGon++

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Phase+1:++Technology+Refinement+and+Feasibility+DemonstraGon+•  Develop+cost>effecGve+manufacturing+

processes+•  Demonstrate+manufacturable+architecture+•  Refine+structure+and+Material+•  Produce+Baseline+Tech+Feasibility+Prototype++

Phase+2:++Manufacturing+Process+Assessment++•  OpGmize+structure+and+materials+for+scaled+

manufacturing+•  Scale+manufacturing+processes+•  Develop+process+flows,+quality+control+

criterion+and+tesGng+protocols++•  Produce+Manufacturing>+RepresentaGve+

Prototype++

•  Correlate+ba.ery+performance+and+features+to+specific+needs+by+market+

•  IdenGfy+early+market+focus+based+upon+economies+of+scale+and+strategic+alignment+with+long>term+market+strategies+

•  Develop+early+relaGonships+with+target+customers+to+understand+needs+

•  Secure+R&D+contracts+with+potenGal+customers+as+product+testbed+and+to+broaden+scope+

•  Work+closely+with+customers+to+iterate+product+features+before+fixing+final+design+

•  Secure+strategic+relaGonships+and+agreements++

Leads)to) IPO#or#Acquisi.on#

Needs+Features#

Performance++IteraGon+

Product+Feedback#