Nkt A/s · OMXCOP:NKT
Nkt A/s — Investor Presentation (February 2006)
46 slides from Nkt A/s's investor presentation, Feb 10, 2006
Slide 1: NKT Photonics, Birkerød
NKT Holding A/S NKT Photonics Birkerød Friday, 10th February 2006
Slide 2: NKT Group – organization February 2006
NKT Holding NKT Group – organization February 2006 NKT Holding A/S Nilfisk- NKT NKT Advance Cables Photonics Group Group Group • Europe • Denmark • Crystal Fibre • USA • Germany • KOHERAS • Asia/Pacific • Norway • LIOS Technology • Poland • NKT Research & • Czech Rep. Innovation • China • Nanon Reve
Slide 3: NKT Photonics Group
NKT Photonics Group Established: 1991 Established: 2001 Established: 2000 Established: 2000 Established: 2004 Employees: 16 Employees: 32 Employees: 21 Employees: 21 Employees: 19 Supports the com- Products: Fiber Products: Optical Products: Products: Nano mercial development lasers & fiber laser fi
Slide 4: NKT Photonics Vision and ambition
NKT Photonics Group NKT Photonics • Today 4 individual bussinesses, 1 Research & Development unit 4 Fields of Expertice (key enablers) Potential ”Value triggers” Vision and ambition Within the Fields of Expertice to become among the Globally Leading Players Strategy
Slide 5: Markets, applications and players
NKT Photonics Group Markets Applications Players • Security (Perimeter) Future Fiber Tech. Ultra Precise Lasers KOHERAS • Wind measurements Lockheed Martin • Oil exploration Qinetiq • Large displays Mitsubishi • Cutting and welding Trumpf High Power Fiber Lasers Crystal Fibre (and KOHERAS) • Antimis
Slide 6: Laser market in 2005 and expected growth for 2006
NKT Photonics Group Laser market in 2005 and expected growth for 2006 Laser Type mUSD % CO2 lasers 680 6 YAG lasers Lamp-pumped 575 -1 Diode-pumped, cw 118 17 Diode-pumped, pulsed 163 8 Fiber lasers 126 47 Excimer lasers 356 11 Others 209 2 Total (non-diode) 2,227 8 Source: Strategies Unlimite
Slide 7: Laser applications
NKT Photonics Group Laser Type Main applications Metal Processing (900 mUSD) Welding Cutting Drilling CO2 laser Annealing YAG lasers Semiconductor (350 mUSD) Lithography Lamp-pumped Cutting Via drilling Diode-pumped, cw Inspection Defect analysis/repair Diode-pumped, pulsed M
Slide 8: Laser applications
NKT Photonics Group Laser Type Main applications Metal Processing (900 mUSD) Welding Cutting Drilling CO2 laser Annealing YAG lasers Semiconductor (350 mUSD) Lithography Lamp-pumped Cutting Via drilling Inspection Diode-pumped, cw Defect analysis/repair Diode-pumped, pulsed M
Slide 9: Laser applications
NKT Photonics Group Laser Type Main applications Metal Processing (900 mUSD) Welding Cutting Drilling CO2 laser Annealing YAG lasers Semiconductor (350 mUSD) Lithography Lamp-pumped Cutting Via drilling Inspection Diode-pumped, cw Defect analysis/repair Diode-pumped, pulsed M
Slide 10: Laser applications
NKT Photonics Group Laser Type Main applications Metal Processing (900 mUSD) Welding Cutting Drilling CO2 laser Annealing YAG lasers Semiconductor (350 mUSD) Lithography Lamp-pumped Cutting Via drilling Inspection Diode-pumped, cw Defect analysis/repair Diode-pumped, pulsed M
Slide 11: Laser applications
NKT Photonics Group Laser Type Main applications Metal Processing (900 mUSD) Welding Cutting Drilling CO2 laser Annealing YAG lasers Semiconductor (350 mUSD) Lithography Lamp-pumped Cutting Via drilling Inspection Diode-pumped, cw Defect analysis/repair Diode-pumped, pulsed M
Slide 12: Laser applications
NKT Photonics Group Laser Type Main applications Metal Processing (900 mUSD) Welding Cutting Drilling CO2 laser Annealing YAG lasers Semiconductor (350 mUSD) Lithography Lamp-pumped Cutting Via drilling Inspection Diode-pumped, cw Defect analysis/repair Diode-pumped, pulsed M
Slide 13: Presentation of KOHERAS, Crystal Fibre, LIOS Technology
NKT Holding Q&A Presentation of: • KOHERAS A/S • Crystal Fibre A/S • LIOS Technology GmbH
Slide 14: Distributed temperature sensing
NKT Photonics Group Distributed temperature sensing LIOS Technology GmbH Fire detection Tunnels Hazardous buildings Power cable monitoring New 10 km long distance system Oil & gas exploration
Slide 15: Questions & Answers
NKT Holding Q&A Questions & Answers
Slide 16: The Fiber Laser Technology House
The Fiber Laser Technology House The Fiber Laser Technology House Property of Koheras A/S 25-08-05
Slide 17: Koheras A/S
Koheras A/S The Fiber Laser Technology House • Start IONAS 1997 Turnover Development • Spin-out Summer 2001 • 35 employees • R&D, Production and sales in DK & GER • Visible lasers in Germany • Fiber lasers and Systems in DK • 98% export 2002 2003 2004 E2005 • Growth >100% in fiber lasers KOH DK GER
Slide 18: Ultra Precise Lasers, high power lasers, supercontinuum
The Fiber Laser Technology House • Ultra Precise Lasers LIDAR Security Hydrophones • High power lasers Printing • Ultra Broad white light Source (Supercontinium) 3D metrology systems Property of Koheras A/S 25-08-05
Slide 19: Støjsvage lasere, høj effekt fiber lasere, supercontinium
The Fiber Laser Technology House • Støjsvage lasere • Høj effekt fiber lasere • Supercontinium / Hvidlydskilde Property of Koheras A/S 25-08-05
Slide 20: Ultra Precise lasers for the LIDAR market
The Fiber Laser Technology House Ultra Precise lasers for the LIDAR market A “Eneabler” Technology LIDAR: LIght Detection And Ranging Property of Koheras A/S 25-08-05
Slide 21: ZephIR.1b + 50m tower & 100m turbine
ZephIR.1b + 50m tower & 100m turbine The Fiber Laser Technology House Courtesy of QinetiQ Property of Koheras A/S 25-08-05
Slide 22: Wind mill park monitoring
Wind mill park monitoring The Fiber Laser Technology House Courtesy of QinetiQ Property of Koheras A/S 25-08-05
Slide 23: ZephIR road map
Road map The Fiber Laser Technology House ZephIR Landbaseret løsning Kommercielt til developer markeder ZephIR ’on a stick’ Konsulent Markedet SeaZephIR Offshore markedet AvZephIR Landingsbane turbulens og “Shear målinger” MetZephIR Udvikling Meteorologi data opsamling DefZephIR (CBRN emergency resp
Slide 24: Ultra Precise lasers in the security market
The Fiber Laser Technology House Ultra Precise lasers in the security market Perimeter Property of Koheras A/S 25-08-05
Slide 25: Perimeter security
Perimeter security The Fiber Laser Technology House Pipeline Break & Spill e l ine pip 0 km 10 Property of Koheras A/S 25-08-05
Slide 26: Secure Pipe pipeline monitoring
The Fiber Laser Technology House With Secure PipeTM installed, the operator can be notified and the damage and spill averted. The cable does not need to be attached to the pipeline nor damaged. e l ine pip 0 km 10 Alarm enabled! Event Location: 83,234m. Property of Koheras A/S Secure Pipe™ 25-08-05
Slide 27: Acoustic (hydrophones) Olie Service Providers
Acoustic (hydrophones) The Fiber Laser Technology House Olie Service Providers Property of Koheras A/S 25-08-05
Slide 28: Sensor to the offshore industry
Sensor to the offshore industry The Fiber Laser Technology House Sensor Airguns Property of Koheras A/S 25-08-05
Slide 29: Equivalent Noise Level
Equivalent Noise Level The Fiber Laser Technology House Noise level is now at Sea stage Zero ! Optical configuration well established Good sensor performance, in terms of – acoustic sensitivity – noise rejection – acceleration sensitivity Reference: Fredrik Kullander, FOI Property of Koheras A/S 25-
Slide 30: Highlights
HIGHLIGHTS The Fiber Laser Technology House • Strong market potential in permanent oil reservoir monitoring • Military segment starts a full scale live test in 2006 • We cooperate with 6 NATO partners • Securing of harbours etc. starts with commercial launch in 2006/2007 3 km 40 km fibre optic cable
Slide 31: Confocal Microscopy
The Fiber Laser Technology House Confocal Microscopy Property of Koheras A/S 25-08-05
Slide 32: Multispectral Confocal Imaging
Multispectral Confocal Imaging The Fiber Laser Technology House Excitation Spectra Drosophila, 4 labels: Alexa 488 Alexa 546 Alexa 568 Toto-3 Courtesy: Dr. Ralf Pflanz Property of Koheras A/S 25-08-05
Slide 33: SuperK the Value proposition
SuperK the Value preposition The Fiber Laser Technology House Today Tomorrow Merged set of conventional lasers One Single Source Bulky construction of various combinations Single device Expensive Adequate output power for imaging Potential for misalignments Maintenance free Significant heat load Low
Slide 34: SuperK the Value proposition
SuperK the Value preposition The Fiber Laser Technology House Today Tomorrow Conventional lasers: line emissions SuperK laser: tunable emission Excitation Spectra 488nm543nm 633nm AOTF λk Ι(λk) SuperK n = 1..8 No tunability Full tunability Sub-optimal excitation Optimal excitation Cross-excitation f
Slide 35: SuperK laser: up to 8 lines simultaneously
SuperK laser: up to 8 lines simultaneously The Fiber Laser Technology House Ι Free tunable excitation 8-channel dimmer THE light source λ In other words, one SuperK White can currently replace up to 8 lasers but in principle replace all the current lasers being used in these markets. But foremost it
Slide 36: General view
General view The Fiber Laser Technology House Primary markets for SuperK : • R&D market – one off (high prices, low volume) • Universities & Research institutions • R&D branches in photonic companies (test and measurement) • Industry markets (low price, high volume) • Flow Cytometry • 3D metrology s
Slide 37: Markets today
Markets today The Fiber Laser Technology House Other High- Seismic end measureme 3D Imaging Spectrosco nts py Instrumenta Pressure/str tion ain sensing Acoustic Fusion sensing High Power energy fiber laser Property of Koheras A/S 25-08-05
Slide 38: Presentation of Crystal Fibre A/S for Enskilda
Presentation of Crystal Fibre A/S for Enskilda February 10, 2006
Slide 39: Introduction to Crystal Fibre
INTRODUCTION TO CRYSTAL FIBRE • History: – Company founded in December 1999 – Majority owned and funded by Danish industrial group NKT – Production facility completed June 2001 – BlazePhotonics assets aquired August 2004 – Very strong IPR position • Current size: – 21 employees (10 Ph.d) • Mission s
Slide 40: Fiber products
FIBER PRODUCTS • Specialty optical fibers based on novel technology (photonic crystal fiber) – Fibers for high power fiber lasers – Nonlinear fibers – Hollow core fibers
Slide 41: Packaged products
PACKAGED PRODUCTS • Our products are also available packaged to facilitate implementation in commercial products – High power fiber lasers – White light sources Subassembly for high power laser Subassembly for white light source
Slide 42: Market position
MARKET POSITION • Total dominance of marketspace with proprietary technology (>90% share): – The dominance leads to strong learning curve advantages • Acquisition of Blaze Photonics – IP portfolio – Fiber quality • Invented the technology and produced the first photonic crystal fibers • World record
Slide 43: Markets
MARKETS • Main markets today – Components for high power fiber lasers – Components for R&D / Government applications – Components for broad band light sources • Future market opportunities – Components for high power lasers – Components for fiber optic gyroscopes – Government applications
Slide 44: Competitors
COMPETITORS • Competition from both standard fiber technology and photonic crystal fiber (pcf) technology – PCF is a disruptive technology in the fiber optic industry. – PCF development efforts ongoing at ”startups” and existing optical fiber producers. • Photonic crystal fiber technology – Mitsubis
Slide 45: High power laser market players
HIGH POWER LASER MARKET PLAYERS Materials Processing Marking Semiconductor inspection and processing TRUMPF Rofin Sinar Coherent Rofin Sinar TRUMPF Spectra Physics Jenoptik (VW) IPG JDSU Miachi Many others
Slide 46: Market overview
MARKET OVERVIEW Estimated size Markets Maturity of technology in 2006 Government applications 8 mUSD - Technology expected to be mature in 6 - 24 months depending on Fiber solutions for lasers 20 mUSD application Fiber solutions for broadband light 2 mUSD Technology mature now - being introduced to