Yurii Maletin, R

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APowerCap Technologies Inc. www.apowercap.com
Rusnanoforum, October 6-8, 2009

• Yurii Maletin, RD Director and Co-founder
• yurii.maletin_at_apowercap.com

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Project Summary

• Key idea to improve the battery market
• Demand faster, smaller and safe power supply
  that can operate longer
• Total battery market 20 bln.
• Capture 0.5-1 in 3-4 years
• Round A 20M to build a large scale production
  in 2010-2011

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Market Pain and Proposed Solution

• Pain (just imagine how many batteries are in the
  world)
• EnergyPower density
• Lifetime
• Cost
• Safety
• Supercapacitors provide the highest power density
  and the longest lifetime
• Power density of up to 5-10 kW/kg (95
  efficiency)
• Up to 1 000 000 charge-discharge cycles (appr.
  15-20 years)
• No maintenance no heavy metals
• The supercapacitor safety is due to its
  non-chemical design

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Performance and Cost Comparison Various Energy
Storage Technologies

Table 1 Comparison of the cost per cycle between
various energy storage technologies

• Unlike batteries, there are no chemical
  reactions involved but ion migration only
• This explains by far longer cycle life of
  supercapacitors
• ? Fig. 1. Supercapacitor cell anode, separator
  and cathode

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Load Leveling the Batteries

• Principle trend of SC application

• SCs can successfully be used for load leveling
  the batteries and thus to improve the battery
  performance and safety and to extend the battery
  life.

Power
Available power from battery, fuel cell, power
grid etc.
Time
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Competition

• Several well-known Supercapacitor companies
• Maxwell Technologies (USA) NESSCAP (S. Korea)
  CAP-XX (Australia)
• Some large corporations have Supercapacitor
  departments
• Panasonic, Nippon-Chemicon (Japan), LS-Cable,
  Korchip (S.Korea), Batscap (France)
• The best performance of our pilot prototypes was
  verified by independent expertise
• Institute of Transportation Studies (University
  of California, Davis )
• ABB Corporate Research Center (Arboga, Sweden)

• Higher energy density
• The highest power density due to the lowest
  inner resistance
• ? Fig. 2. APCT vs major players on SC market

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Nanosized structure of electrode materials
result in their super-large surface area and in
the highest energy/power of APCT supercapacitors
Fig.3. Pore size distribution in APCT electrode
material (obtained from N2 sorption/desorption
isotherms, method DFT)
Fig.4. TEM micrographs of APCT carbon nanotubes
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Market Opportunity

• Obstacles to grow
• Relatively high cost
• Competition with batteries well established on
  the market
• Consumer conservatism

World Supercapacitors Market, mln.
560 mln.

• Factors to grow
• New market opportunities like HEVs, Smart Grid,
  Alternative/Renewable Energy
• Growing ecology restrictions for competitors
• Operation in a wide temperature range
• Good prospects or a combined power supply

272 mln.

• Applications
• Maintenance free applications
• Public transportation, HEVs, Start-Stop System
• Back-up and UPS systems
• Systems of Energy Recuperation
• Consumer electronics

Fig. 5. Annual Sales divided by
segments (Ultracapacitors - A Global Industry and
Market Analysis, Innovative Research and Products
, Inc. 2006)
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Market Opportunity
Price Decrease /Wh (Increase in Energy Density
Wh/kg)
Fig. 6. Ragone Plot with Applications Segments
10Wh
HEVs Batteries
Consumer Electronics
Tools
50Wh
Public transportation
Energy Recuperation
Forklifts
Microelectronics
Alternative energy
Cold cranking
100Wh
???? break-through 200-1000 mln.
Traditional SC market 340 mln.
200/kW
100/?W
25/kW
5/?W
Price Decrease /kW (Power Density growth W/kg)
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APCT Team

• We have a team of 43 people
• RD core team - 20 years of experience in the
  field
• Pilot Plant management 30 years experience in
  manufacturing the electrolytic capacitors (former
  Kation Plant in Ukraine)
• The advisory board and partners
• Techinvest , Ukraine (venture capital firm)
• MTS, USA (advanced engineering company)
• CEIT, Spain (Center for Technology
  Commercialization under University of Navarra
  Engineering School)
• Westa, Ukraine (large Lead-Acid battery producer
  in CIS)
• KEMET, USA (large manufacturer of different
  capacitors)
• Voronezh Capacitor Plant (the largest capacitor
  producer in Russia)
• Office representative is established in Redwood
  City, CA

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APCT Team
Yurii Maletin, PhD, DSc, Fellow of the Royal
Society of Chemistry (UK) Co-Founder, Chief
Scientist 20 years of research in the field of
supercapacitors. Over 70 scientific papers, over
20 patents. Vladimir Beloded, MSc Chief
Technical Officer Over 20 years of experience in
Ukrainian and global high-tech business and
technology projects. Vitaly Shuster, MSc Pilot
Plant Manager More than 30 year experience in
development and production of electrolytic
capacitors. Alexander Shnaydruk Manager on
Business Development Over 7 years of experience
in running the high-tech companies. Degrees in
Physics, Computer Science and Management.
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Technology Advantage

• Low-cost nanoporous carbons available for mass
  usage
• New electrolytes to extend the working
  temperature range
• APCT unique technology enables us to
• increase EnergyPower Density
• reduce the Inner Resistance
• optimize the product Cost
• IP includes a few UA and RU patents 2 US and 1
  PCT patent applications

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Business Model

• To manufacture and sell the final product
  (supercapacitor cells or modules or solutions)
• B2B and pull markets looking for better
  solution in energy/power management
• JVs with partners experienced in large scale
  production to speed up time to market
• Production of high margin products within our own
  facilities
• CIS, USA and EU are our geographical focus
• Transportation market is a long term goal
  (Racing, Public, Trucks, Forklifts, HEVs)

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We are open for cooperation
We are open for cooperation!
info_at_apowercap.com www.apowercap.com 541
Jefferson Ave., Suite 100, Redwood City, CA 
94063, USA Tel [phone] General Naumov
St., Kiev 03164, UkraineTel 380 44 4504043
Fax [phone]
Thank You ! ??????? ! ????? !

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Fund Raising

• Round A is planned to be finished in Q1, 2010
• The break-even will be achieved in 2011
• We are looking to build a 100-200 mln. company
  in 4-5 years
• MA and IPO strategies will be revised after a
  significant level of Revenues is achieved
• Our exit strategy also suggests sharing the
  company with key players in the battery market,
  such as Johnson Controls, SAFT, or some others.