1. Project
“Development of AHP process of single crystal
growth of CdZnTe with application of the
seed”
“CrystalsNord” LLC,
Alexandrov-city
28.05.2013
Room-Temperature X-Ray Detectors For Medical Imaging
and others applications
Company: seed-stage company in Moscow Region, Russia
Innovation: patented technology for CdZnTe crystals growth
Value proposition
1. High Speed and Quality Technology 5 times prime cost reduction
2. Room-Temperature simple design of detectors
3. High Sensitivity, X-ray doze decrease
2. Project product
“CrystalsNord” LLC,
Alexandrov-city
One pixel X-Ray
and γ detectors
Step 1
Key competence –AHP
crystal growth
Low prime cost of the AHP
crystals -150$/cm3
Step 2
Polishing and
wafers making
Detectors of terahertz
radiation
www. CrystalsNord.fi Detectors and crystal wafers for high-tech
industry
Step 3
Project product
Many pixel X-Ray
detectors
Our customers improve
functionality of x-ray scanners
High price of
the product -
1000 $/cm3
Customers of
our customers provide
low-radiation x-ray services
Customers of customers of
our customers use more x-ray
imaging
Net margin –
70%
Unique pilot growth set-ups
were engineered and made by
team.
Unique pilot growth set-ups
were engineered and made by
team.
AHP CdZnTe
crystals and pilot X-
ray detectors were
tested.
AHP CdZnTe
crystals and pilot X-
ray detectors were
tested.
3. www. CrystalsNord.fi Detectors and crystal wafers for high-tech industry
vladimir.golyshev@CrystalsNord.ru
The preservation of
competitive
advantages in the period of
5 years.
“CrystalsNord” LLC,
Alexandrov-cityTARGET MARKET
Market sizeMarket size CustomersCustomers
1st
customerMedical Imaging -$20.7B
X-Ray Scanning-$7B
CZT X-Ray Detectors - 360M
We have 1 informal
agreement (Finland)
We have 2 letters
of intent (Russia)
2nd
customer
PAIN POINTPAIN POINT PAIN POINTPAIN POINT
Limited Diagnostic
Imaging
Unhappy Patients
Worldwide market of CZTdetectors,
2009-2015 ($, Mln.)
High profitability on net profit -70%
Source: DANIP LLC, 2011, NPP Quantum, 2011Expected share of the product on the market 2%
4. Business Mentor,
Alexey Bocharov
OUR TEAM
VP, Svetlana Bykova,
R&D, AHP crystal
growth technology
Vladimir
Tsvetovsky,
heat transfer and
control
Ludmila Lapina,
design of AHP set-up
CEO, Alexey Jakovlev,
Business Development,
Sales Support
VP, Vladimir
Golyshev ,R&D,
Project manager
“CrystalsNord” LLC,
Alexandrov-city
www. CrystalsNord.fi Detectors and crystal wafers for high-tech
industry
Project team created the novel pioneer AHP crystal growth method:
space conditions on the Earth
Theoretical fundamentals of
AHP crystal growth were
conducted using support of
grants
How AHP works?
1.exe
AHP gives in 5
times more
productivity in
comparison with
competitors.
Management team
Scientific team
Grants of team
1996 - 2008 years:
RFBR- 4
INTAS-ESA - 1
NASA - 1
INTAS - 3
CRDF - 2
IREX – 1
Start-05
Start -06
5. www. CrystalsNord.fi Detectors and crystal wafers for high-tech
industry
Project budget
“CrystalsNord” LLC,
Alexandrov-city
Investor proposal: for investment of 1.4 million $ USA per 17%
share up to 49% shareholding are availabe
[2014] [2015] [2016] [2017] [2018]
Sales volume of the project product
0 million $ USA 0.17 million $
USA
1.67 million $
USA
2.5 million $
USA
5 million $ USA
Profit of the project company
0 million $ USA 0.1 million $
USA
0.83 million $
USA
1.33 million $
USA
2.7 million $
USA.
Cost item Amount of money
CAPEX 0.67 million $ USA.
Payroll 0.4 million $ USA.
Subcontractors 0.13 million $ USA.
Other expenses 0.2 million $ USA.
In total 1.4 million $ USA.
6. www. CrystalsNord.fi Detectors and crystal wafers for high-tech
industry
Project budget
“CrystalsNord” LLC,
Alexandrov-city
Investor proposal: for investment of 1.4 million $ USA per 17%
share up to 49% shareholding are availabe
[2014] [2015] [2016] [2017] [2018]
Sales volume of the project product
0 million $ USA 0.17 million $
USA
1.67 million $
USA
2.5 million $
USA
5 million $ USA
Profit of the project company
0 million $ USA 0.1 million $
USA
0.83 million $
USA
1.33 million $
USA
2.7 million $
USA.
Cost item Amount of money
CAPEX 0.67 million $ USA.
Payroll 0.4 million $ USA.
Subcontractors 0.13 million $ USA.
Other expenses 0.2 million $ USA.
In total 1.4 million $ USA.