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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Outstanding quality Gallium Nitride
(GaN)
– enabler for new industries
Robert Dwilinski - President, CEO
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
AMMONO business field
Manufacturing of GaN (Gallium Nitride) semiconductor crystals and wafers
Based on own proprietary technology (unique in world’s scale)
Activity concerns three key enabling technologies; very closely interacting:
- Advanced materials
- Photonics
- High power electronics
Supplying already 24 customers – lasers, LEDs and electronics producers
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
AMMONO-GaN single-crystals
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
AMMONO-GaN wafers
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Prof. Harri LipsanenProf. Markku SopanenDr. Sami SuihkonenM.Sc. Muhammad AliM.Sc. Olli SvenskM.Sc. Sakari Sintonen
Department of Micro and NanosciencesAalto University School of Science and Technology
Vertical LED structure on AMMONO-GaN
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Lasing Lasing @@ 524 nm 524 nm (cw) (cw)
Green LD structure on AMMONO-GaN
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
GaN laser applications
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Versatile laser projection
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
„…The new Samsung Galaxy Beam phone includes a projector that can show films and pictures at up to 50”…
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
LEDs
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
LEDs
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Gallium Nitride enables a new range of applications
Electronic applications
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Power Devices
• GaN substrates show higher resistance and higher break down voltage parameters over traditional Si and SiC materials• Better heat dissipation• GaN mostly targets MOSFET, IGBT
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
GaN HEMTs market forecasts
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Market environment and competition
• Lack of GaN-on-GaN HEMTs on the market• Several companies produce HEMTs GaN-on-Si and GaN-on-SiC• No European producer of GaN HEMTs
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
GaN HEMTs – price analysis
HEMTs GaN-on-SiC:
• 15-20 W/mm2
• EUR 50-60 /mm2
• thus EUR 5-6 k /cm2
• GaN 2” (= 20 cm2) results in transistors worth 125 k EUR
• GaN 4” (= 80 cm2) results in transistors worth 500 k EUR
$$
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Devices based on
Ammono-GaN
Blue laser Green laser LED’s
Solar cells Transistors
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Total addressable market
The market for gallium nitride based semiconductor devices is projected to surpass $25B by 2015
Applications for Gallium Nitride:
• DVD information storage (Blue laser Diodes)
• Solid state lighting (White LEDs, UV LEDs)
• Displays (Laser TV, laser projection)
• Automotive electronics (MOSFET transistor, power switches)
• Power transmission lines (High Voltage electronics, HEMT transistors)
• Wireless communication (3G/WiMAXbase stations )
• Flame sensors (UV detectors)
• Wireless Broadband (High Frequecy transistors)
• Solar Cells (For satellites)
• Radiation detectors
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
AMMONO as a company
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Autoclaves in the production hall
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
2011 summary
ISO Certification
Increase in number of customers
Launch of a LED dedicated
high-transparency GaN material
Launch of the 2” product
Starting cooperation with distributors in Japan, US, Korea and Taiwan.
50% / 50% sales split between acedemia and industry
Launch of 2” mass production programme
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Customer profile – sales volumes
• Laser related R&D is the main driver for low dislocation gallium nitride wafers sales today
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industriess.25
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
2012 Ammono development goals
Scaling up the production capacity for 2” C-plane
Building new autoclaves
Preparing necessary seed base
Bringing solutions for the LED market
Increasing the material transparency
Introducing the high-transparency 2” C-plane n-type substrate
Providing a solution for the electronic applications
Introducing the semi insulating 2” C-plane substrate
Starting the development of the 4” substrate
Targeting first samples for 2014
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Traditional fund sources (VC, Stock Market, Strategic) are reluctant to invest in
long-term, risky projects on the area of high technology (and advanced materials in
particular). This phenomenon deepens within increasing technical complication of
projects (technologies became more and more complicated), because this elongate
project time frame and expose to unpredictable market risks
Let’s forget that market itself can develop such projects by organic growth
There is a need of efficient mechanism for growing such projects in EU
Difficulties
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
SUMMARY
AMMONO products could revolutionize photonics and electronics industries
and give competitive advantage to producers of customer goods, as well as
advantage of defense systems
Organic growth of nowadays advanced technologies is not possible any more
– requires substantial investment, which is not achievable in today’s EU
Proposed solution enabling growth of KETs is creation of European project
of large credits or loan guaranties for carefully chosen companies
presenting extremely promising technologies
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Thank you
Q&A
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
People facing problems to rise financing are trying to collect several projects in the
following way:
• Creation of parent company employing M&A, PR… specialists
• Exchange of shares of parent company with several chosen hi-tech start-up
companies
• This would increase the value of the parent company because of larger scale of
activity, synergy of incorporating companies (if any), and risk mitigation (even if
some of them fail the others should keep value share on acceptable level)
• Listing (IPO) of parent company on chosen Stock Market
In fact this is very difficult to collect a number of projects of similar maturity and scale,
additionally offering significant synergies
Solutions – new mechanisms
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
Additionally, listed company can get funds from equity line of credit:
A structured equity line is a commitment by the investor to purchase up to a predetermined
dollar amount of shares of the public company's common stock over a certain period. It is
very similar to a bank line of credit in that cash is available to the company on an "as
needed" basis. The difference is the company repays the investor in stock. The company
has the right but not an obligation to "draw down" on the equity line and sells shares to the
investor when it is most favorable for the company. When the company draws down the
line, the shares are sold to the investor at a discount.
Solutions – new mechanisms – Equity line of credit
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Materials for the 2020 Challenges, Brussels, 10th July 2011
AMMONO Gallium Nitride – enabler for new industriesAMMONO Gallium Nitride – enabler for new industries
EU officials bear main responsibility for policy to efficiently grow KETs in EU
People engaged in KETs should propose solutions and demand decisions of EU officials
AMMONO proposal is that EU or EIB should offer long-term credits or guaranties for
carefully chosen companies presenting extremely promising technologies but not able to
get bank credits in required amount due to lack of sufficient collateral
Exercised mechanisms like the mentioned above should be analyzed and improved upon
long-term performance of supported projects (carried by the group of experts created to this
end)
How to create efficient mechanism of growth of KETs in EU?