This document discusses a frequency synthesizer product and market. It summarizes key consumer issues with existing synthesizers, how the proposed synthesizer addresses these issues, its advantages over competitors, and its potential market impact. It then provides an investment plan seeking funding to further develop and commercialize the synthesizer, projecting strong financial returns for investors.

1. The centimeter
band frequency
synthesizer

2. Сonsumer issues
•The high level of phase noise
•Insufficient dynamic range of side spectral
components
•The impressive (in some cases) dimensions
•Inability to work in subzero temperatures and high
humidity
•Low speed switching frequencies

3. Product as a solution
The frequency synthesizer is designed for:
testing of a wide class of electronic
equipment, having been demanding to high input
signal amplitude;
for use in the radar systems as a source of
heterodyne and carrier frequency.
Frequency Synthesizer (FS) - a source of precision
frequencies and signals with programmable
amplitude, frequency, and phase through standard
digital interfaces.

4. The centimeter band
frequency synthesizer FS-010-P

5. Optimization and modernization
The use of a synthesizer
as the source will
significantly reduce the
amount of radar equipment
In dozens of times
reduce the weight of the
transmission system
radar
Radiolocation

6. The use of frequency synthesizer in
radio measuring equipment may
result in partial or complete renewal
of the sources of signal have been
produced in Russia for the past 40
years.
Optimization and modernization
Radio measurement equipment

7. 1. Radiolocation - as part of a
transceiver systems.
2. Radio measuring equipment -
consisting of signal
generators, spectrum analyzers
and frequency counters.
3. A communications system - as a
source of stable frequencies and
signals.
Market

8. Market
Size of the market = 6,38 Bln. RUB
Market volume = 21,25 Bln. RUB
Russian state defense orders in the interest of
national armed forces, Bln. RUB
R&D
New purchases of arms and military equipment (AME)
Repair and modernization of AME

9. Currently, research and development in the field of
frequency synthesis has been a number of research
groups, both domestic and foreign companies, the
most famous of which are:
a. Ltd. "Radiocomp", Moscow
(http://www.radiocomp.ru/joom/index.php/ru/);
b. Ltd. "Micran", Tomsk (http://www.micran.ru/);
c. ZAO PF "ELVIRA" Zheleznodorozhni, Moscow
region (http://elvira.ru/);
d. Holzworth Instrumentation, Boulder, Colorado
(http://www.holzworth.com/);
e. Phase Matrix, ltd., San Jose, CA
(http://www.phasematrix.com).
Description of competitors

10. Description of competitors
Frequency Synthesizer
FSW-0010, Phase Matrix
(USA)
Frequency Synthesizer
HSM6001A , Holzworth
Instruments (USA)

11. Description of competitors
№ Name of parameter FS-010-P
R&S®SG
S100A
N5181A-
506
HSM6001A FSW-0010
1 Response time in ms 0,001 0,5 1,15 0,3 0,1
2 Frequency resolution, mHz 0,1 1 10 1 1
3 Phase noise at a frequency of
10 GHz at 10 kHz offset, dBc /
Hz
-130 -106 -104 -112 -122
4 Harmonics, dBс -60 -30 -30 -40 -45
5
Nonharmonics, dBс -80 -58 -40 -60 -75
6 Mass, kg 0,5 4,0 12,5 0,5 1,13
7 Market price, Ths. rub. 250 460 350 350 325
Thus, we have 6 competitive advantages, that can
provide the leading position in the market and the
price and quality.
Signal generators in the range up to 10 GHz

12. The structure of the business model
Ltd. "SINTEZATOR-NN":
research, development, mar
keting, sales
Third parties:
supply of materials and
components
Third parties:
manufacture and
assembly of printed circuit
boards
Third parties:
legal services, sales
through distributor
AUTHOR OF
PROJECT

13. Economic indicators
Profits and losses
Indicator, Ths. rub. 2013 2014 2015 2016 2017
Total for
5 years
Total revenues 0 5 200 75 900 148 750 216 400 446 250
Total costs 4 377 6 945 31 729 52 665 73 977 169 694
Gross profit -4 377 -1 745 44 171 96 085 142 423 276 556
Amortization 0 0 370 370 370 1 110
Profit before taxes (EBITDA) -4377 -1745 43801 95715 142053 275 446
Profit tax 0 0 6 570 14 357 21 308 42 235
Net profit, Ths. rub. -4 377 -1 745 37 601 81 727 121 115 234 321
Profitability of business,% 49,54 54,94 55,97 52,51

14. Economic indicators
-50,000
0
50,000
100,000
150,000
200,000
250,000
2013 год 2014 год 2015 год 2016 год 2017 год
The financial result, Ths. rub.
Total revenues Profit before taxes (EBITDA)

15. Economic indicators
-50,000
0
50,000
100,000
150,000
200,000
250,000
Apr/13
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Сумма на расчётном счёте, тыс.руб.
Кумулятивная чистая прибыль (убытки), тыс.руб.
Amount on the current account, Ths. rub.
Сumulative net income, Ths. rub.

16. Current Status
•Stage Project: Start-up
•
•Start of the project - 2nd
quarter 2013
•The current stage -
Availability of prototypes in
different frequency areas
•2 Russian patents for an
invention
•The immediate aim - to find
an investor to enter the
market of space
technologies
•Lacking resources - no
available
•money to complete the
project

17. Risks
№ Types of risk Ways to avoid the risk
1 Incorrectly selected amount of
funding
Gradual investing in several tranches
2 Lack of quality products planned
due to errors in the design
Tight control of execution
3 The possibility of marriage in the
components of the product
Control of production
4 Strengthening the position of
competitors
Enter of policy of systemic innovations
5 Barriers entry to the market Find a strong partner

18. Financial indicators
Key Financial Indicators 2013 2014 2015 2016 2017
Revenue from sales, Ths. rub. 0 5 200 75 900 148 750 216 400
Costs, Ths. rub. 4 377 6 945 31 729 52 665 73 977
EBITDA, Ths. rub. -4 377 -1 745 43 801 95 715 142 053
Net profit, Ths. rub. -4 377 -1 745 37 601 81 727 121 115
Discount rate 34,20% 34,20%
NPV, Ths. rub. 3 126 56 142
IRR, % 46% 113%
Cost of the company, Ths. rub. 68 337 143 242
Cost of share of the investor, Ths. rub. 30 752 64 459
Return on equity (ROE), % -53,38 -21,29 458,55 996,67 1 477,01
PI (profitability index) 2,83 2,79 3,75 5,13 7,86
Payback period 2 years 4 months
The annual rate of return for the investor,% 137,22

19. Financial indicators
51,537 50,885
68,337
93,532
143,242
23,191 22,898
30,752
42,090
64,459
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
2013 год 2014 год 2015 год 2016 год 2017 год
Valuation of the company
Value of the company after the investment Cost of share of the investor

20. Offer to investor
INVESTMENT PLAN
Costs Ths. rub.
Development of a prototype (9 months) 3000
Market testing (3 months) 1800
Modernization of the prototype (7 months) 1900
Enter the market (6 months). 1500
TOTAL: 8200
Financial performance of investment in 5 years:
NPV= 56,1 Million. RUB. IRR = 113% DPP = 2 years 4 months
Break-even point = 1 years 9 months. The investor's share - 45%.
The annual rate of return for the investor - 137 %
"Exit" investor of the project - the sale of shares to a strategic investor
(JSC "RTI Systems")

21. Contacts