Commercialising World Leading Australian Science and Engineering Supercapacitors Calum J. Drummond Vice President Research CAP-XX Pty Ltd (on secondment from CSIRO since January 2001) ARC Federation Fellow at CSIRO from 01 July 2004 CAP-XX: A Global High Growth SME R&D: 1993 (CSIRO and founder began collaboration) Founder: Anthony Kongats (CEO CAP-XX Pty Ltd: est. 1997) Product: Supercapacitors Funding: $ 52.0m private (mainly VC) $ 5.4m AusIndustry R&D Start (2 grants) HQ: Lane Cove, NSW 70 staff (worldwide) Sales: 100% Export; US$ 1.4m (2004) Offices: Sydney, Dallas, Taipei & Japan (Distributor) US$ 50m (2008) Consumers want a better mobile experience — devices that are smaller, more portable and more highly functional – All-in-one devices – Small, light – Long run time – Fast recharge Current portable power solutions cannot meet increasing consumer demands Power density Capacitors • Very limited energy storage capacity • Bulky • Heavy Gap in capabilities • Insufficient power • Cannot provide ‘burst’ power • Safety and durability issues Batteries/ Fuel Cells Energy density Supercapacitors have a unique ability to provide a solution that is small, lightweight and has the power to fill the gap in capabilities Supercapacitor Applications Power density Capacitors Capacitor replacements Battery complements Battery replacements Batteries / Fuel Cells Energy density CAP-XX is a world leader in Supercapacitor technology 1.E+03 Power Density (kW/l) 1.E+02 cap-XX AVX Cooper Kanebo Maxwell Power Systems NESS Panasonic Nichicon NEC Tokin ELNA 1.E+01 1.E+00 1.E-01 1.E-02 1.E-02 1.E-01 1.E+00 Energy Density (Wh/l) 1.E+01 1.E+02 CAP-XX designs and manufactures the world’s most advanced Supercapacitors vs vs Revolutionary combination of power and energy in one small device CAP-XX Supercapacitors: Nanotechnology enables energy storage E CV 2 2 CkA d Large capacitance generated with • very high surface area activated carbon (nanopores) electrode beds “A” approx. 2000 m2/g • charge separation being ionic dimensions “d” approx. 0.5 nm CAP-XX Supercapacitors: Nanotechnology provides high power P V 2 4R Effective power generated with • manipulation of structure of materials on nano-scale to decrease resistance (increase conductivity) “R” of supercapacitor Supercapacitors: Realising a 120+ year old concept to manipulate a nano-scale phenomenon Hermann von Helmholtz 1881 Faraday Lecture two electrodes immersed in an electrolyte solution, where with an applied potential “the ions (are) carried to the electrodes” “whole apparatus behaves… like a condenser (capacitor) of enormous capacity” “the distance between the two strata of positive and negative electricity – the one lying on the last molecules of the metal, the other on those of the fluid – ought to be 1/10,000,000th of a millimetre.” CAP-XX: Powering Next Generation Products Wireless PCMCIA Cards & Compact Flash Cards Wireless PDAs & Smart Phones Wireless Sensors & Embedded Modules CAP-XX Supercapacitors: Enabling Wireless Communication CAP-XX Supercapacitor assembled on a circuit board for a Compact Flash card enabled for wireless communication. Supercapacitor is located to the left of the SIM card holder. CAP-XX: Using Alliances to Create Unique Competitive Advantages These partners … Provide these benefits … World-class expertise in carbons, polymers, surface chemistry, electrochemistry, materials science and nanotechnology. ARC Special Research Centre for Particulate Fluids Processing provides leading edge expertise in dispersions, coatings and theory of colloidal and interfacial processes. Breadth and depth of knowledge and experience in product design, custom high volume machine design & build. OEMS Industry and application knowledge and road maps CAP-XX: Using Alliances to Create Unique Competitive Advantages These investors … Provide these benefits … Insight and influence over PC market and development. High volume component manufacturing. High volume product assembly. First tier customer. Deep & broad experience and knowledge in Finance, Administration and Governance. Wide connections in technology, upstream and downstream companies in USA and Asia. Buying power and reach Network of professional skills Experience in global commercialisation of technology companies in Australian environment CAP-XX: In Summary • Global Leader: Supercapacitor technology for portable electronic devices • 100% Export: North American, European & Asian customers • Nanotechnology: Nano-structured materials and nano-scale processes provide competitive edge • Alliances Critical: CSIRO, Uni-Melb, Invetech, Intel, Acer, ABN Amro, VCs and OEMs • Multi-Application: GPRS wireless devices such as PDAs, PCMCIA Cards and Compact Flash Cards. Over 200 other applications CAP-XX: Opportunities and Challenges Opportunities • Market > US$ 1bn per annum by 2010 • Sales to date approx US$ 1.4m Challenges • Chasing market opportunities while maintaining a competitive advantage through R&D • Balancing short-term outcomes for existing investors versus long term potential of company • Maximizing opportunity for Australia Commercialising World Leading Australian Science and Engineering Supercapacitors Calum J. Drummond