Building a World Impact Business on Carbon Nano Tubes

Amsterdam, 13-12-’16 : P. Antoinette, R. Kirschbaum

Nanocomp Technologies, Inc. is currently producing four product forms and commercializing them under the tradename Miralon™

Sheets

Tapes

Yarns

Dispersion Slurries

Founded in 2004. Financed by VCF, CVC, Angels & Government support. Product sales 2016: ~ 5mln $; Contract R&D: ~3 Mln $ 24 Patents allowed; 15 pending

c

Fuel Continuous CNT Growth Product Harvest

A scaleable, continuous growth process that is inherently low cost

c

Fuel Continuous CNT Growth Product Harvest

Making non-woven Sheets & Tapes

A similar process makes spun Fibers & Yarns

Nanocomp uniquely produces industrial scale rollstock (125m x 1.33m)

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Our Underlying Innovation: providing attractive end user properties by reliably growing extraordinarily long carbon nanotubes, that generally form bundles

Best Macro-Properties

Very Safe: Very Long Is Safe

Nanocomp’s Miralon carbon nanotubes are 1 – 10 mm long considered to be outside the range of human respiration

Our process also makes products that are highly entangled, integrated, bundled structures that further enhances safety while imparting attractive properties

Sheet Structure x section

Yarn Structure

Multi-Plied Conductive Yarn

Material CompositionStrength

Gpa

Density

g/cc

Specific

strength

kN*m/kg

Strain to

failure %

Max use

temp °C

Dyneema/Spectra UHMWPE 3.6 1 3600 2.5 130

Kevlar/Twaron Aramid 2.9 1.44 2014 2.8 260

Carbon fiber Carbon 4.1 1.75 2343 1.4 300 - 2000

Nanocomp Miralon™ Carbon tube 2 - 3.2 0.7 - 1.1 1800 - 2900 1.8 to 7 450 - 2000*

*with sizing

Miralon in composites… Strength of Kevlar, toughness of Carbon Fiber but with better strain to failure, ductility, and conductivity

Miralon is an extremely strong, lightweight conductive material

Free Breaking Length

Dyneema™ 349 Km

Kevlar ™ /Twaron ™ 200 Km

Zylon™ 346 Km

Vectran ™ 247 Km

Steel 25 Km

Non-Conductors

Electrical Conductors

Carbon Fiber 250 Km

Aluminum 22 Km Copper 2.5 Km

Nylon ™ 7 Km

Stratosphere

Miralon™ CSY

That is quite tough…

High Speed Rotary Diamond Saw Blade Flexible 1 CM (3/8”) Diameter All CNT Rope

Made from 1,200 strands high strength Miralon® fibers (10 tex)

That can be woven…strong, conductive, cut resistant

Miralon is a ductile carbon fiber that can be stitched on commercial equipment…

• All carbon system for resin compatibility • High tensile modulus • Electrical conduction (sensing, heating, dissipation) • High toughness • Low CTE

and can knitted into mesh structures…

Unclassified

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Or with traditional fabrics.

• Embedded Electronics

• Sensors / Health Monitoring

• Communications

• Heating

Miralon shows “super anisotropic” behavior… 1000X in plane thermal spreading vs 1x through plane

CNT Textile Side

Nomex Side

CNT Textile

Special sizing treated 40µ thick sheet 2000˚ C flame

Front 1680 ˚C Back 400 ˚C End of 5 minute exposure

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And functions as an effective far infrared heater Miralon™ Far Infra-red Optimal Range for People

Peak at 11+ µm

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IR / A Short λ Tungsten - Halogen Lamp IR / B Medium λ - Quartz Heater IR / C Medium Long λ - Ceramic Heater

IR / C Very Long λ - Miralon Transmission spectrum for different IR Heaters

Miralon heats people, not the room, and with less energy usage

Miralon

Market Opportunities:

Demand exists across multiple industries for lighter, stronger, more durable materials. The combined market opportunity is projected to exceed $10B annually

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Satellite Components

Communications & Electrical

Heating

Aerospace & Defense

$2.8B Naval

Commercial Aircraft

Government Aircraft

Commercial Spacecraft

Government Spacecraft

Safety & Protective

$3.4B

Soft Armor

Hard Armor

Helmets

Vehicle Protection

Fire Protection & Thermal

Specialty Protection

Industrial

$4.5B

Heating Products

Specialty Coatings & Adhesives

Specialty Additives

Power & Energy Management

Engineered Components

Sporting

Validated Sales Pipeline Opportunities

Our initial market has been in spacecraft…

Launched 12-08-10

Mayflower

Launched 08-05-11

JUNO

Launched 05-21-15

AeroCube-8

MISSE 8 ORMatE-III

Installed ISS 05-20-11

Returned to Earth 05-18-14

Launched 10-07-15

LEO 1

Yarns: • Data Cables • Reinforcements

Sheets • Heaters • ESD / radiation shielding • Honeycomb composite

Slurry: • 3-D printed brackets

With 5 years use in deep space

NASA Juno uses Miralon™ to Shield and Protect its Key

Thrusters and Main Engine

Successfully arrived in orbit July 4, 2016

Miralon is conductive enough to replace copper in higher frequency uses

Nanocomp data cables, 50% lighter weight, installed on USAF platforms…

Very strong carbon fibers often experience property “Knock Down” when in an end use composite

Aluminum

End Use Composite

Raw Fiber

High Modulus

High Strength

Unclassified

Aluminum

CNT end use composite

Miralon CNT yarn

Miralon CNT Yarns Have No Knockdown When Composited But Demonstrates Increased Properties… Thus A “Weaker Fiber” Makes A 3 - 4X Stronger End Use Composite

Unclassified

NASA Is Constructing A Miralon CNT Composite Overwrap Propellant Tank For Flight Test

Scheduled For Flight Test 09/16

Unclassified

And is the first stitchable, conductive carbon fiber…

Miralon CNT yarn Z axis reinforcement

Active stitched components heaters, antennas, sensors

Miralon sheets make excellent structural honeycomb…outperforming aluminum and aramid incumbents

Slurries are made from long Miralon tubes……. 3D Printing & Molding, Adhesives, Coatings

Miralon dispersion

• Miralon sheet is shredded to create slurry

• Comprised of rolled bundles of CNTs

• Achieves electrical percolation as low as 0.02% concentration

Slurries

Miralon slurry is the basis for molded and 3D Printed parts that are replacing heavy metal parts

Injection molded

Compression molded 3D Printed

Miralon CNT composite layer for thermal dissipation

Engine heat shield

Miralon sheet can be insert molded to form a layer across the part

Nanocomp’s Miralon™ Heating Open Sky™ Personal Outdoor Comfort

59 Proprietary designs

Miralon interior heating has potential to increase e-vehicle range…

• Miralon more efficient than resistance heaters

• Reduces battery draw

• Increases driving range by as much as 30%

Expected demand builds dramatically as additional customers come online when volume and price meet targets

Pilot plant of 1 ton annual capacity running 3 shifts 5 days

US Government (DoD) and private investment

We are currently raising $25M equity capital to finish equipping the low rate facility and then take Nanocomp to Commercial Volume production

2012 2,800 m²

2016 –18

2,800 m ²

Low rate production

When equipped

4 - 8 metric tons

Pilot

Goal

20 - 40 metric tons

Commercial Volume Production

2020 3,700 m ²

.85 metric tons

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Summarizing: Nanocomp Technologies advanced materials solutions…

Targeting value applications within large end-markets…

In Harsh Environments

Extreme Heat, Cold, Radiation, Corrosive,

Vibration, Flex

Providing Sustainable Value

Performance Efficiency

Safety

Solving Problems

Lightweight Everything Enhance Functionality

Save Energy

Transitioning from technology venture to a commercial manufacturing company

Qualification and validation on-going at significant customers…

Strategic partnership

Aerospace & Defense Safety & Protection Industrial

Supplying markets with lightweight, super-strong, conductive, tough products

Questions?

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