reverse osmosis is everywhere

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Page 1: Reverse Osmosis is everywhere
Page 2: Reverse Osmosis is everywhere

Home RO

Bottled Water

Power Generation

Pharmaceuticals

Seawater Desalination Juice Concentration

Oil & Gas

A q u a M e m b r a n e s 2

Reverse Osmosis is everywhere

Page 3: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 3

RO me et s t h e n e e d , a t w h at co st

Average Daily Production = 160,000,000,000 gallons

Water down the drain

Olympic Pool

Carbon Burned

160,000 KW-hr 10,600,000,000 Buckets

Waste to landfills Chemicals Consumed

Page 4: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 4

Current RO = Inferior Tech

Feed spacer mesh fouling, even with excess water and energy waste

Page 5: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 5

Solution = Printed Spacer Technology ®

Feed spacer 3D printed onto the membrane opens the flow path,

solving waste issues

Page 6: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 6

2011

2015

P r o o f o f C o n c e p t

E a r l y T e s t i n g

S c a l e U p

5x thinner feed spacer is computer modeled at Sandia Labs

Embossed spacers on flat sheet RO with rotating die system

Improved the technology with modified HP Plotters printing 3D wax spacers

Moved to screen printing process for further validation and improvements

Currently using a modified large area commercial printer with photo-polymer materials

Expanded IP to cover methods as well as process patents

Evo l u t i o n

Page 7: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 7

2015

2020

P r o t o t y p i n g

P r o d u c t i o n

F u t u r e

Evo l u t i o n

Current printer used for both pattern optimization (IP) and production of test elements

Working with Henkel to produce high speed printers with lower cost polymer

Aqua Membranes first commercial product launched October 2019

Potential to license the IP to competitors to speed technology adaptation

Page 8: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 8

1

2

3

L o w e r O p e r a t i n g C o s t

R e d u c e T o t a l C a p i t a l C o s t

I n c r e a s e C a p a c i t y o f E x i s t i n g S y s t e m s

Why Pr i nte d S p a c e rs ?

Page 9: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 9

Lower Operating Costs

2

4

6

8

10P

ress

ure

Dro

p (

psi

)

Flow

1

Page 10: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 0

P o w e rStandard brackish element

- Purchase price = $500- Total lifetime energy cost = $8000

Printed spacer element

- Purchase price = $800- Total lifetime energy cost = $6800

R e t u r n o n I n v e s t m e n t = 1 5 m o n t h s

RO I E xa mp l e1

Page 11: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 1

Reduce Total Capital Cost

Printed feed spacers can be up to 50% thinner enabling more

capacity in smaller footprint.

2

Page 12: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 2

S t a n d a r d D e s i g n( 6 ) t r a i n s

Elements per train = 1008

Element price = $400 each

Flow per train = 6.5 million gallons / day

Equipment cost = $3 M

Cost per train = $0.5 M

Building size = 170’ x 100’ = 17K SF

RO I E xa mp l e2A q u a M e m b r a n e s D e s i g n

( 4 ) t r a i n s

Elements per train = 1008

Element price = $800 each

Flow per train = 10 million gallons / day

Equipment cost = $1.8 M

Cost per train = $0.66 M

Building size = 100’ x 100’ = 10K SF

ROIEquipment cost savings = $1.20 M

Building cost savings = $1.05 M

Installation savings = $0.30 M

Total Savings = $2,550,000

Element premium = $800,400

NET SAVINGS = $1,749,600

Page 13: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 3

Increase Capacity of Existing Systems

3

Page 14: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 4

F i e l d E xa mp l e3

Standard Seawater ROMax capacity = 400K gallons / dayAverage price = $7.50 / 1000 gallons

Same Unit with Aqua MembranesNEW Capacity = 600K gallons / day

Additional Revenue Potential from Existing Units = $547K / year

Page 15: Reverse Osmosis is everywhere

Point of Use1200

Seawater Desalination

900

Process Separation1300

Industrial400

Food & Beverage250

Oil & Gas150

A q u a M e m b r a n e s 1 5

Global Annual Sa les of Sp i ra l Wound E lements

Ava i l a b l e Ma r ket : 4 . 2 B i l l i o n ( U S D )

Source: BisReport 2019 & Manufacturers, data in $M

Page 16: Reverse Osmosis is everywhere

Printed SpacersA q u a M e m b r a n e s 1 6

P r i n t e d S p a c e r s = 3 5 % t o 4 5 % m o r e f l o w

0

1000

2000

3000

4000

5000

6000

GP

D

Suez E4 Machine

0

600

1200

1800

2400

3000

3600

GP

D

Company X 4040 Element

0

100

200

300

400

500

600

700

800

GP

D

Pentair 2520 Element

Printed Spacer

0

3000

6000

9000

12000

15000

18000

GP

D

Company L 8040 Element

Mesh Spacers

Page 17: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 7

S i d e b y S i d e R O ’s – 4 6 % m o r e f l o w

Average Test conditions

Temperature = 63.5 F

Recovery = 60%

Banking = 2-1-1

Elements = 4040 (3) & 2540 (1)

Conductivity (feed) = 1027 uS

Conductivity (printed) = 8.3 uS

Conductivity (mesh) = 7.2 uS

Pressure Drop (printed) = 27 psig

Pressure Drop (mesh) = 15 psig

Location: Rockford, IL

Flow - Printed

Flow - Mesh

Pressure - Printed

Pressure - Mesh

Page 18: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 8

Strong and getting stronger

o Full coverage today with core patents

o 20 year + future coverage with manufacturing & method patents

o Excellent search report feedback on new filings

o Team continues to file 2 – 3 patents every year

E x i s t i n g P a t e n t s ( 5 )Process and method

P a t e n t s i n P r o s e c u t i o n ( 4 )Pattern attributes & characteristics

Decisions in 6 to 12 months

P e n d i n g P a t e n t s ( 6 )

P r o p r i e t a r y I n f o

Manufacturing, cost and performance optimizationNational phase filing in 12 months+

Polymer, cure and application process

I P Po s i t i o n

Page 19: Reverse Osmosis is everywhere

A q u a M e m b r a n e s 1 9

O u r Te a m

Craig Beckman

CEO

o Joined in 2017

o 26 years in water tech development

o Former VP Sales at GE Water

o Last position, CEO of MIOX, led sale to Johnson Matthew 2016

o 10 Years at Osmonics Inc.

o BS Mechanical Engineering, University of Wisconsin, Madison

Rodney Herrington

Founder & CTO

o Founded in 2011

o 20 years in water technology

o Former GM at Los Alamos Tech Assoc

o VP Engineering at MIOX 1994-2010

o Holds 25+ patents in water treatment

o BS & MS Aerospace Engineering, Texas A&M University

Kevin Roderick

VP Engineering

o Joined in 2011

o Former VP Technology at NanoPore

o Leads development of printed spacers

o Holds 20+ patents in water and other related fields

o BS Physics, New Mexico Institute of Mining & Technology

Kendall Weingardt

VP Sales

o Joined in 2012

o Responsible for custom designed printing technology on membrane

o Leads production and testing

o BS Chemical Engineering & MBA, University of New Mexico

Derek Roland

VP Finance & Operations

o Joined in 2019

o Responsible for all finance and operations

o New Mexico CPA

o BA Business Administration/ Accounting, University of New Mexico Anderson School of Management

Sarah Beckman

VP Marketing

o Joined in 2018

o Responsible for all marketing, branding, and corporate communications

o Communications expert and corporate trainer

o BA Journalism, University of Wisconsin

Contact: Filcon Filters - David Harris - 082 557 9675 - [email protected]

Page 20: Reverse Osmosis is everywhere