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Page 1: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

Pioneer in Magnetic Refrigeration Systems

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Page 2: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

About Cooltech Applications

39%

15%

14%

10%

7%

6%9%

Demeter Partners

123 IM

Omnes Capital

Founders

Grp Ind. Marcel Dassault

ACE Management

Others

45M$

Invested in projectsled by Cooltech

1st

Marketable MagneticRefrigeration Systems

300+

Patent IssuesWorldwide

1 2 3

2017: RAC Cooling Industry Awards Winner

2015: RAC Cooling Industry Awards Finalist

2013: IET Innovation Awards Finalist

2013: Global Cleantech 100 Company

2010: INPI Innovation Award

2010: Entreprise d’avenir - Most Promising Firm

2003: Most innovative French Company

Research Phase

Development Phase

Industrialization Phase

Commercialization

F i r s t P r o t o t y p e

2018

2016

2008

2003

18 Highly skilled employees

Facilities in Holtzheim, France

• Pierre Yves ROLLETCEO

• Christian MULLERGeneral Manager & CSO

• Jean François MAIREGeneral Manager

INVESTORS

MANAGEMENT

• Michael HITTINGERHead of Design & Engineering

• Jean-Marc GATTIProgram Manager

2

Page 3: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

A credible alternative

PhysicsToday Magazine (2015)

“Magnetic refrigeration is the most well developed technology among thepossible solid-state cooling technologies and will be highly disruptive in thenear future”

RAC Cooling Industry Awards Winner (2017)

“The judges were unanimous in their decision that magnetic refrigeration hasthe potential to be a game-changing technology. (…) It is now progressinginto a viable alternative to vapor compression systems.”

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Page 4: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

How does Magnetic Refrigeration work?

N SN S

Cycles (Hz)

Magnetic refrigeration,

getting energy from

temperature changes in a

magnetocaloric material

Heating Cooling

Magnetocaloric

material

E = m Cp ∆T(𝑀𝐶𝑀, 𝑇°, 𝑇𝑐, ∆𝐻, 𝜂)(𝑇°, ∆𝐻)

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Page 5: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

The MCE amplification

MagnetisationCirculation “Hot to Cold”

Cold ‘storage’Hot ‘storage’

Heat

Internal heat exchanger (cold)

Internal heatexchanger (hot)

Refrigeration

5

Thermal gradiant

AMR regenerator

Page 6: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

Why Magnetic Cooling ?

Ecology No planet-warming greenhouse gas

Economy Better energy efficiency: up to 40% more than vapor compression systems

Endurance Low pressure system and slow rotating frequency

Environment Quietness and low vibration

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Page 7: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

Intellectual Property in magnet applications

Applicant Patents Applicant Patents Applicant Patents

COOLTECH APPLICATIONS SAS 303 STICHTING TECH WETENSCHAPP 25 DEUTSCHE FORSCH LUFT RAUMFAHRT 13

TOSHIBA KK 109 DANISH TECHNICAL UNIVERSITY 24 KRUGLICK EZEKIEL 13

ASTRONAUTICS CORP 75 UNIV AMSTERDAM 23 KOATSU GAS KOGYO 12

DENSO CORP 64 EMPIRE TECHNOLOGY DEV LLC 22 AIR LIQUIDE 11

BASF AG 49 VACUUMSCHMELZE GMBH 21 CAMFRIDGE LTD 10

GENERAL ELECTRIC 48 COMMISSARIAT ENERGIE ATOMIQUE 19 CENTRE NAT RECH SCIENT 10

DAEWOO ELECTRONICS CO LTD 41 MO ENERGETICHESKIJ INSTITUT 17 ECOLE D’INGENIEURS DU CANTON DE VAUD 10

NISSAN MOTOR 37 DELTA ELECTRONICS INC 16 SARI OSMANN 10

SAMSUNG ELECTRONICS CO LTD 35 MITSUBISHI HEAVY IND LTD 16 SHARP KK 10

BOREALIS TECH LTD 30 HITACHI LTD 15 SIEMENS AG 10

PRAXAIR TECHNOLOGY INC 30 IBM 14 UNIV SOUTH CHINA TECH 10

LIEBHERR HAUSGERAETE 25 US ENERGY 14 XEROX CORP 10

Cooltech has filed more patents (423) than the next 6 contributors in this field (386)

Total = 1201 patents

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Page 8: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

6 core competencies for modeling and experimental validation

Multi-physics modeling

MCM characterization

Magnetic systems

Air flow management

Mechanics

Experimental validation

Heat transfer

Fluid dynamics

CH,p

CH,p = f(H,T)

T

c

0 T

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Page 9: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

Multi-physical model: characteristics of the alloys and heat transfer fluid

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Page 10: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

The three eras of the technology

Magnetocaloric Genesis eraMaterial 1st generation era

(Gadolinium)

Material 2nd generation era

(Lanthanum/Manganese)

✓ A few Watt

✓ Absolute zero target

✓ A few hundred Watt

✓ 0°C to +25°C range

✓ 1kW to 100 kW

✓ -120°C to +50°C range

1881 2000 2015

MRS 1.0 MRS 2.0 MRS 3.0

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Page 11: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

Four Year Objectives

1 Industrialize the innovative Magnetocaloric chillers,

from 20 to 100kW of power,

meeting the specific expectations of the markets

Stimulate an industrial supply chain

for 2nd Generation Magnetic Caloric Materials (MCM)

Climb ladder with OEM (s)

Moving from the artifact produced to serial production

thanks to an industrial consortium

2

3

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Page 12: Pioneer in Magnetic Refrigeration Systems · CONFIDENTIAL A credible alternative PhysicsToday Magazine (2015) “Magneticrefrigeration is the most well developed technology among

CONFIDENTIAL

45M$

It is time to save the planet!

Located in eastern FRANCE (Holtzheim)

www.cooltech-applications.com

[email protected]

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300+Patent Issues

Worldwide

Invested in projectsled by Cooltech