SULIKO ROBOTICS GROUP

Transcription

1 SULIKO ROBOTICS GROUP AUTONOMOUS MECHANISATION OF AGRICULTURE FOR EURASIA Shortage of skilled tractor and harvester drivers a perennial problem in the Eurasian Economic Union. Alcohol-related accidents, theft of fuel and grain by machinery operators in Eurasian Economic Union a major cause of loss. Fully autonomous tractors and harvesters, designed from the ground up to operate driverless, are the answer. American R&D company ATC have perfected both retrofit kits for existing tractors, and fully driverless tractor technology; the Spirit Autonomous Tractor. Now licensing to manufacturers in USA and Canada. Suliko Robotics Group Ltd, an Australian-owned company based registered in Hong Kong, is negotiating the manufacturing and distribution rights for two key markets, the European Union and the Eurasian Union. Suliko Robotics Group's sister companies in Hong Kong and Georgia have a 20year track record in agricultural engineering, farm technology adaptation, farm software development and machinery manufacture. Major markets in Eurasian Union anticipated; Russia, Kazakhstan, Belarus.

2 Suliko robotics eurasia Armenia has developed an advanced robotics sector in the past decade, and firms from around the globe turn to Armenian engineering firms for innovation, system integration and testing activities in robotics. Armenia is a member of the Russian-sponsored Eurasian Economic Union, and has free trade with Russia, Kazakhstan, Belarus, and several smaller Central Asian states. Armenia is not under sanctions from EU or USA and has GSP. Armenia also has a free trade agreement with Iran. While landlocked, Armenia has good road networks with Russia via Georgia, and with Iran.

3 Suliko Robotics Group Limited will form a Special Purpose Vehicle for Armenian operations, registered in Luxembourg, Suliko Robotics Eurasia Limited. Suliko Robotics Eurasia shall develop a 1200 m2 assembly line in Yerevan's Free Economic Zone at the RAO Mars site, in which profits tax is set at 0%. Suliko Robotics Eurasia will also acquire a test vineyard in Aragatsotn for contract field testing of retrofitted robotic grape pickers on behalf of ATC. When production exceeds 15 tractors a week, a new assembly line capable of producing 200 tractors a week will be developed in the Free Economic Zone, funded by OPIC. Distribution and post-sales service in Russia, Belarus and Kazakhstan will be accomplished by machinery distributors in those countries. Total funds required to build and commission factory, operate to capacity, develop distribution network, and operate test farm, is USD$16 million. The initial workshop shall employ 15 assembly line workers, 5 administrative staff, a sales and marketing team of 6 people and a field testing/system integration team of 2 engineers. The 200 unit-per-week assembly line will employ 70 assembly-line workers. The factory will source diesel-electric engines from Russia and the robotic brain from USA, but most of the electronics, chassis, bodywork, fuel system, and wheel motors will be manufactured in Armenia, either sourced from existing military manufacturers/engineering works, or built in house. System integration and field testing of novel applications of autonomous farm machinery are expected to substantially increase Armenia's indigenous talent in this fast-growing market sector.

4 Suliko Robotics Group Limited is seeking investment from equity investors up to USD$16 million to commission the basic assembly line, develop the distribution network, fund in-house R&D, localise software and service manuals, train maintenance staff and take the operation to 60 tractors a month produced. Exit for investors is in Year 7, based on either a trade sale to a major farm machinery company with deficiencies in its own robotics programme, or a stock market listing in Hong Kong. Undiscounted 7-year IRR for investors is calculated at 35% For more details, contact Dr Simon Appleby on simon@yfn.com.ge

5 Autonomous Tractor Corporation

6 Navigation technology to drive autonomous vehicles Fail-Safe More reliable than GPS More accurate No driver Simple to use 2015 Autonomous Tractor Corporation 2

7 Technology that reinvents agricultural practices Half the cost Less labor Easily multitasks 2015 Autonomous Tractor Corporation 3

8 Diesel-electric technology cheaper and more efficient Half the cost Half the weight Repairable by the farmer Longer service life 20% more fuelefficient 2015 Autonomous Tractor Corporation 4

9 Our focus is technology for tractors, not cars or trucks $125B equipment market Major labor shortage Need to double ag output by 2050 Bigger is not the answer Rural setting favorable for autonomy 2015 Autonomous Tractor Corporation 5

10 Intellectual Property 3 key patents 1 Navigation: GPS + proprietary non- GPS electronics system Tools Bay Control: Artificial Intelligence software provides fail-safe control and safety 2 Power: 100+ hp variable frequency drive wheel motors 3 Mower: floating head, smart electric drum mower 2015 Autonomous Tractor Corporation 6

11 Products APS navigation technology eases drivers out of the cab of existing auto-steer tractors Spirit revolutionary tools for mowing and weeding using APS technology 2015 Autonomous Tractor Corporation 7

12 2015 auto-pilot system for existing vehicles On-vehicle Array Ease the driver out of the cab in 3 steps: 1. Steering and safety 2. Implement control 3. Engine control Field Transponder Technology fuses five-sensors and makes the tractor fail-safe: 1. Sonar 2. Wheel encoders 3. IMUs 4. Field transponders 5. GPS 2015 Autonomous Tractor Corporation 8

13 2016 autonomous, single-pass alfalfa combine #1 Mow and Condition Alfalfa production today: three passes The future of farming: one pass with no driver #1 Mow and Condition (Power) #2 Rake and Sun Dry (Power) #2 Dry #3 Bale #3 Bale 2015 Autonomous Tractor Corporation 9

14 Dramatic improvements to farmer economics Fewer passes, lower equipment costs and higher crop value due to better production methods yields more than 2X net income to farmers Today s Hay Economics (per acre) Future Hay Economics (per acre) Revenue $550 Revenue $860 Chemicals Mow / condition Rake Bale Overhead Interest Land $ 57 $ 20 $ 4 $ 57 $ 20 $ 20 $150 Chemicals Mow / condition Rake Bale Overhead Interest Land $ 57 $ 7 $ 1 $ 20 $ 15 $ 15 $150 Net Income $250 Net Income $ Autonomous Tractor Corporation 10

15 2016 autonomous, weed electrocution system Previous weed electrocution efforts failed due to insufficient power and safety concerns Chemical-free weed control Full perimeter safety and no driver Kills emerged and chemically-resistant weeds as well as dormant seeds Up to 450 kw of power 2015 Autonomous Tractor Corporation 11

16 Milestones achieved with in-field demonstrations 1 Perimeter safety, ipad control and wheel motor durability 2 Sub-inch accuracy in re-tracing a trained path 2015 Autonomous Tractor Corporation 12

17 Outsourced business model is capital efficient ATC is a tech, innovation and engineering company We license or sell our technology to partners to leverage their existing commercial infrastructure 2015 Autonomous Tractor Corporation 13

18 Experienced team more than 10 successful technology and hardware startups to their credit Kraig Schulz President and CEO 20 years of academic and professional work in agriculture and bio-sciences Extensive consulting management and transactions work at Ernst and Young and Leerink Swann Terry Anderson Founder and Chief System Architect Founder of seven successful technology companies including Ancor Communications Corporation, sold to Q-Logic for $1.9B Author and contributor to numerous patents including a rare Genesis Patent Robert Cornelius Chief Software Architect PhD (ABD) Mechanical Engineering, Stanford University Co-founder of Ancor Communications and prior companies with Terry Frank Artner Chief Hardware Engineer B.A.Sc, M.A.Sc Electrical Engineering, University of Toronto Principal Design Engineer at Ancor Principal Hardware Engineer at Digi International 2015 Autonomous Tractor Corporation 14

19 Market size $2B $4B $30B Installed base of auto-steer tractors Global mowing equipment sales Global agricultural herbicide sales 2015 Autonomous Tractor Corporation 15

20 Financial projections 2015 Autonomous Tractor Corporation 16

21 Financing History and Needs 2012 raised $1M from friends and family Produced 1st prototype, shown at a major ag show 2013 raised $1M from insiders Produced 2nd prototype that was successfully tested infield under remote control 2014 raised $2M from strategic partner Simple debt (due Aug. 2016) No warrants or restrictions on IP Produced 3rd prototype that was successfully tested in the field under autonomous control 2015 Autonomous Tractor Corporation 17

22 Use of capital: $5M to commercialize APS and finish development of two intelligent tools Add to software team to accelerate APS autopilot commercialization Select a commercial partner for auto-pilot system and install 100 beta units on existing tractors Build prototype single-pass mower combine Build prototype weed electrocution system 2015 Autonomous Tractor Corporation 18

23 Contact For further information please contact: Kraig Schulz, President and CEO th Ave South Fargo, ND Autonomous Tractor Corporation 19