at energy partners&inv eng

Fuel cell power generators – an alternative to conventional sources of uninterruptible power supply and transport engines.

Shortcomings of conventional UPS sources

1 Batteries

2 Generators4 years lifetime

Limited run time

Noisy

Environmentally unfriendly

Low level of autonomy

Low power efficiency 30%High fuel consumption

Degrading by 15% annually

Slow charging

Problem

2

No pollution(Lead, noise, CO2)

EnvironmentalTechnological

Economical

Reduced total cost of ownership

Temperature range [-45C / +45C]

40,000+ hours of continuous operation

UPS Power from Polymer Electrolyte Membrane Fuel Cell

Solution

0"

2"

4"

6"

8"

10"

Fuel"cell"AT"Energy" Ba6eries" Generators"

Maintenance,"annually"

16000$

26000$

Fuel$cell$AT$Energy$ Li4ion$Ba8eries$

Backup$5$kW$|$$$NCF,$10$years$

3

Technologies

Membrane Electrode Assembly

Catalyst technology

Polymer Electrolyte Membrane technology

4

still a short period of time that requires the use of a battery or

Telecommunications installations with backup fuel cell power

Hydrogen

Anode/Catalyst

Cathode/Catalyst

Water/Heat

Oxygen

PEM

Flow Plates

Development of moisture independent proton-conducting polymer membrane: work without moisture at low temperatures up to -40C

The abolition of the humidification system and air cooling system

Utilization of nanostructured platinum catalyst PtC in highly dispersed oxide and oxide-carbon carrier lead to: lower platinum usage for cathodes (down to 300 mcg/cm2) and anodes (down to 100 mcg/cm2)

High tolerance to CO, lower hydrogen fuel purity is needed (50 ppm CO)

Lifetime 2Х higher than best known FC competitor

0"

1000"

2000"

3000"

4000"

5000"

6000"

Dantherm)Power))) Horizon) AT)Energy)

CAPEX"FC"Stack"/"kW""

0"

20"

40"

60"

80"

100"

Ba#eries( FC(Dantherm(Power((( FC(AT(Energy(

Energy"cost"kW/h,"rubles.""

0" 100" 200" 300" 400" 500" 600"

Dantherm)Power))))))))))))

Horizon)

AT)Energy)

Specific"power,"W/kg"

Start temperature from -40 to +50 0СDanther Power from 00СHorizon from+50С

Competitive advantages towards FC PEM competitors

5

CAPEX reduction humidification system and air cooling system replacement

UPS global market: 2X growth in 10 years

Global market

[1] http://www.electrical-source.com/whitepapers/StateofUPSIndustry_whitepaper.pdf

[1]

2010 2015 2020

$7,5B $10B$15B

6

Fuel cell global market: ~35% annual growth

2011 2014 2017$600M $1,4B

$3B

Other applications & markets avaliable

7

4 years of experience in managing high-tech ventures, 2 years in venture capital

20 years of research in electrochemistry and electrocatalysts for fuel cellsPublications in «Catalysis today», «Chemical communication» etc.

Daniel Shaposhnikov, CEO

Yuri Dobrovolsky, Doctor of Chemistry

Sergey Nefedkin, Doctor of Engineering

20 years of research in hydrogen energy sources

Team

8

Membrane development

1

Catalyst development

2 4

3

Scaling Membrane electrode assembly

Fuel cell Stack development

03.2014 09.201409.2013

Development plan

9

3 4

01.2015

Products:

Channel: 

21

Business model

Fuel cell equipment integratorsFuel cell developers

Membrane electrode assembly Fuel cell Stack (1-5kW)

03.2014

Start of sales

10

3 421

09.2013

Need: $650k

Target: pre-industrial prototype

Investment offer

11

Offer : 33% equity

01.2015

Daniel Shaposhnikov

CEO+7 495 972 8173danila.shaposhnikov@gmail.com