Investor presentation April 2023
A lot to take in today on the forum.
Any thought on the stock price?
With bride funding and board having mandate to get more funds… where will the price go the next days? Up/down?
High risk case, but 1,1???
Ny runde med pref aksjer emi og så selger de assets like etter ?
Hvis NTG ikke er med på neste runde så er vel det et flagg for det.
Ny runde pref aksjer vil vel nulle ut forrige
Fra LinkedIn profilen til Uthus.
EIC gikk i 2021 inn med funding pga banebrytende nanowire/graphene teknologi.
De gikk inn på bakgrunnen av guidingen.
We are proud to announce the EIC Fund is backing this breakthrough company developing a groundbreaking technology: the first nanowire on graphene UV-C LED technology able to give the efficiency, lifetime, and cost needed for mass deployment disinfection.” said Nicklas Bergman, member of the EIC Fund Investment Committee.
Chosen among 4,200 companies
The EIC Accelerator is designed for small and medium-sized enterprises (SMES) with radically new ideas underpinned by a business plan for rolling out marketable innovation solutions and with ambitions to scale up. Selected companies receive funding and they get extra acceleration services to connect with investors, corporates and likeminded entrepreneurs.
CrayoNano was selected FROM 4,200 companies.
CrayoNano’s winning proposal is titled “The first nanowire-on-graphene UV-C LED technology able to give the efficiency, lifetime, and cost needed for mass deployment disinfection.” The project presented to EIC Accelerator represents the core of the CrayoNano technology. Through this grant the company will get access to a wide network that will enhance the commercialization and benchmarking of this groundbreaking technology.
The company´s product portfolio is designed using breakthrough nanotechnology enabling a new UV-C LED chip to the market – solving the fundamental material problems in current UV-C LED chips.
Teknologien er nok banebrytende. Problemet er nok at de ikke klarer å skalere og produserer kostnadseffektivt p.t. Isteden for å bygge egen fabrikk burde man kanskje samarbeide med noen som har gjort dette før.
Det var kanskje en av løsningene de jobbet med, finne en partner som kan ta de videre.
I så fall ikke positivt at ingen har blitt med på det. Igjen er det alt som har med produktet og R&D status/muligheter som står igjen som er like stort spørsmålstegn.
Det er vel denne de viste til på EGF som neste produkt. I det minste ser det ut til at det ikke er noen endring i fremdrift her siden svaret i februar.
This section is exactly what is confusing. The good thing is that whats stated in February about the launch of a new product in Q4 with 50% reduction in the price performance parameter, also reiterated in May QA, and lastly at yesterdays general assembly.
However seen in connection with the visual tech roadmap from Feb 2023 showing the ongoing development of both gen2 and gen3 on full nanowire platform, where gen2, if following same logic as the box for CrayoLED H-series, is indicated to be launched early 2024. Some months later is no huge deal.
So now, back to the update from 15 February:
As I said in the presentation, we are targeting to launch a UV-C LED with a 50% reduction in the price performance parameter in Q4 this year. The first priority is our internal EPI wafer and template technology for cost down and yield increases. We are contacting and starting qualification and early design-in activities with selected customers and partners for an early involvement with early design-in activities from the middle of this year. The next step would include an implementation of our nanowire structure design to drive further cost down and performance increase.
The question is is “next step” with nanowires after the release of the 50%-product or is it including it?
Is the 50% new product launch as a result of only internal EPI wafer and template technology for cost down and yield increases. or is it including next step would include an implementation of our nanowire structure design to drive further cost down and performance increase.
If its including the nanowires the tech roadmap is okey, under doubt.
If new product is without nanowires, the tech roadmap is not viable.
How do you interpret it?
Investormiljøene jeg har snakket med i dag forventer at det kommer en ny pref aksje emisjon på et tidspunkt
Men det kan jo hende at de bruker samme pref klasse som i dag, og ikke introduserer enda en
I find it pretty obvious (and have so for a long time) that the long promised product launch within Q4 is NOT including nanowires, etc.
This product update is merely introducing significant price reduction, and absolutely a progress to notice, however not any near Gen 2.
Also, in contradiction to some reactions here; looking back at historical presentations and promises, I still claim that Jo Uthus is not the person to blame; Rune Rinnan has throughout been the key to all euphoria.
Det var jo bra 
Ja, enda en sånn raring med.noen få ansatte og en hjemmeside som ser ut som er laget i 1998😀
Men er jo livstegn
Hadde vert noe om de landet noen med 5000+ ansatte og en solid omsetning
Det er vel ikke uten grunn at deres kunder er dårlige betalere og til og med går konk; dette ligner amatører
