CrayoNano
Q1 2023 Results Presentation
15 May 2023
Disrupting the fast-growing market for disinfection
Presenters today
Jo Uthus | Jens Kielland |
CEO | CFO |
Q1 Strategic Update
About CrayoNano
Global presence with headquarters in Norway and facilities in Taiwan
Pioneers in nanotechnology-basedsemiconductor components
Strong technology IP portfolio with 266 patents (109 granted 169 licensed from partner)
Enabling Environmental, Social and corporate Governance (ESG) solutions with our partners
Our first product line of radically efficient UV-CLEDs are vital components for the fast-growing disinfection markets
Fab-lite business model utilising global supply chain
4 | Q1 2023 Financial Results CrayoNano AS | All rights reserved. Copyright 2021. Do not distribute without consent. |
Q1 Highlights
Continued revenue generation
- CrayoNano continue to generate commercial revenue from the sale of initial test units to customers with further demand for our product remaining strong with new sales resource focused on the US
Distribution agreements signed
- Support in inventory management, logistics, and distribution ensures timely delivery of our products to our customers
Improved performance expands addressable market
- Achieved improved product performance of H-seriesUV-C LED by 30% expanding our serviceable markets, engaging both Industrial, Consumer and Automotive customers
- Opens up opportunities in high-flow water disinfection and surface disinfection markets
Private placement update
- As announced on 18 April, the Company has raised approximately NOK 125 million in gross proceeds to support its planned operational ramp up
5 | Q1 2023 Financial Results CrayoNano AS | All rights reserved. Copyright 2021. Do not distribute without consent. |
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Disclaimer
Crayonano AS published this content on 15 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 08:07:06 UTC.