LASO-LIBSIntroduction for Investors

The problemDri l l cores are the most important source of

information for geologists in ore exploration.

Geologists “log” the dri l l cores mostly manually

and by eye. Based on logging, samples of the

dri l l cores are sent for laboratory analysis and

it takes 2-4 weeks to get results. In a

meanwhile you must continue dri l l ing

bl indfolded.

Our approach

We augment geologists with a

superpower: laser vision. With instant

and on-site analysis and visualization

geologists can dynamically adjust the

exploration project or mining

operations.

Value proposition

Augmented geologists can make more

informed decisions based on data leading

to increased selectivity in geochemical

analysis and exploration dri l l ing. They also

have fewer routine tasks.

This can result in an 11% cost saving on

an ore exploration project.

Alternatively put this provides explorers

with additional funds to dri l l the next hole

which could result in that elusive f ind .

Market size

Concentrations and size of the metal ore

bodies are especial ly cr it ical in metal ore

exploration and in operative metal mines.

That’s why they are in our primary focus.

According to the data and our calculations

they produce 40 mil l ion meters of dri l l cores

per year. This means the potential market

for on-site analysis services is 0.5-1 B$ .

D a t a s o u r c e s : G l o b a l M i n i n g S t a t i s t i c s 2 0 2 0 , S t a t i s t a ; T u k e s 2 0 1 7 ;

W o r l d M i n i n g D a t a , 2 0 2 0

Business model

Primary business model wi l l be an on-site

analysis service: A cl ient purchases a LASO-

LIBS device with subsidized price, uses i t for

scanning and pays per meter for an automated

analytical service which is of fered in near real -

t ime from the cloud service operated by us.

CONFIDENTIAL

Go to market plan

CONFIDENTIAL

Conf ident ia l . Ava i lab le upon request.

Financial estimates

CONFIDENTIAL

Conf ident ia l . Ava i lab le upon request.

Founders

Founders ’ prof i les ava i lab le upon request.

Thank you!

For more information, please

contact:

Antti Kotanen

antti.kotanen@aalto.f i

+358 50 581 6319