Enablence Technologies Inc. · TSXV:ENA
Enablence Technologies — Investor Presentation (May 2023)
23 slides from Enablence Technologies's investor presentation, May 18, 2023
Slide 1: Investor Overview: We bring your ideas to light
Investor Overview We bring your ideas to light. Enablence Technologies, Inc. May 2023
Slide 2: Disclaimers
Disclaimers This corporate presentation (the “Presentation”) is being furnished on a confidential basis in order to provide readers certain information with respect to the business and operations of Enablence Technologies Inc. (“Enablence”, “ENA”, or the “Company”). The information in this Presentat
Slide 3: Forward-Looking Information Disclosure
Forward-Looking Information Disclosure This Presentation includes certain forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that are based upon current expectations, which involve risks and uncertainties associated with our business and the e
Slide 4: Industry Backdrop, Investment Opportunity, Near Term Growth
Industry Backdrop Investment Opportunity Near Term Growth • Semiconductors are crucial in today's economy, • Enablence stands to benefit significantly as the only • Enablence is seeking a US$5M investment to which has become problematic over the past 3 years owned, non captive fabrication facility i
Slide 5: Capitalization Table and Total Addressable Market Growth
Enablence Technologies Inc. (TSX-V: ENA) is a designer and manufacturer of optical semiconductors, primarily in the form of planar lightwave circuit (“PLC”) chips used in data centers, telecommunications, and sensing devices across the world. Enablence has spent 15 years perfecting design and manufa
Slide 6: Strategy
Strategy Leverage next gen PLC platform to accelerate datacoms penetration and expand into adjacent applicable markets such as Automotive LiDAR and Medical Imaging. Adjacent Markets Customer Focus/Operational Technology Pillars • Non-invasive medical imaging Excellence • Miniaturization • Focus on d
Slide 7: Projected Unit Sales
Projected Unit Sales Customers Under Contract Unit Sales 1 Build and Outsource Capacity to Meet Excess Demand • Enablence has a robust sales pipeline of consisting of existing and new customers Additional Pipeline Unit Sales exceeding capacity in Q1 FY2024 35,678 • To meet demand and accommodate pro
Slide 8: Capacity Expansion Funding Round
Capacity Expansion Funding Round: Total Raise: US$5M Equipment purchase to update fab to 2,500/month capacity US $3.64M US $5M Fund operating expenses and working capital through to cashflow break even US $1.16M US $0.20M Issue Details: Hire key personnel in sales/marketing, • Security Type: Convert
Slide 9: Established Traction in Large, Growing Markets
Established Traction in Large, Growing Markets Enablence is positioned to expand within the WDM market which lacks a clear, dominant leader. Enablence’s versatile technology is already well established in Datacoms and has the opportunity to gain traction across other diverse markets. Potential to qu
Slide 10: Key Capabilities with Applications
Key Capabilities with Applications to Explosive growth in data communications relies on continuous improvement in throughput and performance. Customers such as Facebook, Google, and Microsoft utilize our technology for their Datacom needs. Wavelength Management Sophisticated Chip Layout Advanced Sig
Slide 11: Progress to Date and Enablence Advantages: Datacom
Progress to Date Enablence Advantages • Initiated transition to stable wafer sales model in 2019 ü Accelerating Sales - more than $10M in annual datacom sales through 2026 under evaluation • Wafer sales projected to grow significantly in FY2024 ü Protective Moat - $150M invested in PLC design and pr
Slide 12: Global LiDAR Market Opportunity
Global LiDAR Market Opportunity Rising adoption of LiDAR technology in robotic cars, Advanced Driver Assistance Systems (ADAS) and other end-use markets are fueling demand. Autonomous Driver Assist and Robotic Vehicles • Rising adoption of LiDAR technology in robotic cars, automotive guided vehicles
Slide 13: Key Technologies with Applications
Key Technologies with Applications to Gen2 LiDAR (FMCW) depends on PLC chips and is the future of vehicle safety (improved range, resolution and accuracy, immunity to interference, lower power consumption, and better perception in challenging environments). Gen2 LiDAR (FMCW) Depends on PLC Enablence
Slide 14: Progress to Date and Enablence Advantages: LiDAR
Progress to Date Enablence Advantages • LiDAR NRE customer projects initiated in 2017 ü Accelerating Sales - more than $60M in annual LiDAR sales under evaluation • LiDAR wafer sales projected to grow over 10x YoY in FY2025 ü Protective Moat - 5 years R&D developed proprietary, industry leading, PLC
Slide 15: Reaching New Heights
Reaching New Considerable Growth in Sales Advancements in Design Knowledge Pipeline and Industry Expertise Heights • Increased pipeline size from $4 to $80 million, • Increased competitiveness driven through new, while simultaneously improving the customer patentable, design discoveries enabling the
Slide 16: Primary Use of Funds
Primary Use of Funds: Investments in tooling expansion and working capital will position Enablence to increase production to 1,500 wafers per month and create a path to breakeven on a cashflow basis. Lithography Thin-film Back End Processing • Coater/Developer Machine: $775,000 • Chemical Vapor Depo
Slide 17: Appendices
Appendices 17
Slide 18: Photonics Overview
Photonics Overview Photonics uses light (photons) while electronics uses electricity (electrons) to communicate data between devices. The bridge between electronics and photonics occurs at the end of a fiber optic cable where PLC chips, like those produced by Enablence, convert light to electricity.
Slide 19: Management Team
Todd Haugen Serge Bidnyk CEO Director – Research & Design Joined: 2022 Joined: 2004 – one of original co-founders Prior: Microsoft, Q Strategies, Accenture Prior: Optenia, Zenastra Education: MA Computer Science at University of Education: PhD, Physics at Oklahoma State University (USA) Washington;
Slide 20: Why Planar Lightwave Circuits in Datacom
Why Planar Lightwave Circuits in Datacom Telecommunications equipment, cloud service providers, and data centers are driving the rapidly growing demand of reliable data communication solutions with higher bandwidth, longer reach, and lower power consumption. The transmission of bandwidth using singl
Slide 21: PLC Advantages
PLC Advantages: custom silicon simulation device design fabrication cloud integrated design environment proprietary test data real-time computational acquisition analysis engine 21
Slide 22: ML and AI in Design, Fabrication, and Analysis
ML and AI in Design, Fabrication, and Analysis Enablence has developed a tightly coupled design-to-manufacturing process that is able to provide in-situ monitoring of wafer fabrications with a possibility of real-time process adjustments • The use of deep • Convolutional layers apply learned filters
Slide 23: Integration
Integration needs to integrate light generation, improve must move to higher performance monolithic and hybrid integration Si-based compatibility with CMOS, developed fabrication PLC richest architectures, best insertion loss, polarization control, and thermal stuck at excelling in individual active
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