Stefania Grandi PHD - Master in

Materials Chemistry

Innovative START-UP born in December 2014 Spin-off of the University of Pavia (Italy) at the Science Park

The idea arises from a very long research work (about 20 years) about aerogels that was applied on a problem: Rice Husk Ashes

The know how allowed us to recover the silica in the food processing residues as RHA or others, for producing SILICA AEROGELS

The idea succeeded and a new synthetic process and inorganic aerogel was patented !

WHO WE ARE and WHAT WE DO

The term aerogel is composed of “air” and “gel” In our case the silica gel is 3% and the air is 97% due to its huge nanoporosity, therefore aerogel is a kind of NANOMATERIAL

WHAT IS AEROGEL MATERIAL?

Aerogel is an ultra light, highly porous materials, sometimes called “Solid Smoke” in its transparent variant

Until 2012, SiO2 aerogel held 15 entries in Guinness World Records for material properties, including best thermal insulator and lowest-density solid. Only the latter title was recently lost by a lighter materials: aerographite/aerographene

THE IDEA and THE PROCESS

1) AEROGEL BASIC RESEARCH (20 years) - University -Pavia

2) APPLIED RESEARCH (3 years) – NAM spin off – Pavia

THE IDEA

THE PATENT

3) START PILOT and INDUSTRIAL PRODUCTION and MORE RESEARCH & DEVELOPMENT (next future !) - NAM S.p.A.

> 90% SiO2

MONOLITHIC EcoAerogel BY N.A.M.

FROM RICE HUSK… A CLOSE CIRCLE

Ecologic values: 1) Waste recycle 2) Land conservation 3) Renewable Raw material

Ecologic values: 1) Energy saving 2) Ocean oil cleaning 3) CO2 sequestration

RICE: ITALY and WORLD WIDE PRODUCTION

12 M

of tons

1,5 M

of tons

25 M

of tons

31 M

of tons

3,5 M

of tons

668 M

of tons

LOW DENSITY

VERY HIGH THERMAL INSULATION (high performance insulation)

VERY HIGH THERMAL RESISTANCE (industrial insulation)

HIGH ACOUSTIC INSULATION HIGH ELECTRICAL INSULATION (supercapacitors)

THIXOTROPIC (cosmetic creams)

VERY HIGH ABSORBANCE CAPACITY (crude oil ocean cleaning)

PARTICLE DETECTION (Cherenkov detectors )

NAVAL APPLICATIONS

EcoAerogel GRANULES by N.A.M. and PROPERTIES

Properties EcoAerogel

Apparent density 0.05-0.1 g/mL

Specific surface area 400-900 m2/g

Porosity 96-98%

Average pore diameter 14-25 nm

Hydrophobicity/hydrophilicity Hydrophilic

Characteristic porosity 4-6 nm

Total thermal resistance Up to 1000 °C

Thermal conductivity 0.015-0.030

W/m∙K

EcoAerogel: a BREAKTROUGH in the AEROGEL WORLD

1000

350

650 650

NAM(ITA)

Cabot Corporation(USA)

Nano Tech Co.(CHINA)

Aspen(USA)

Po

wd

er

Bla

nke

t

Bla

nk

et Ec

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TEM

PERA

TURE

RES

ISTA

NCE

[°C

]

HYDROPHILIC = high temperature resistance

HYDROPHOBIC = low temperature resistance but different properties

Possible in different chemical surfaces HYDROPHILIC

HYDROPHOBIC

ON PURPOSE FUNCTIONALIZED

EcoAerogel 1st Production Line : Granules and Powders

For insulation at very high (1000°C) and very low (-200°C) temperature INDUSTRIAL APPLICATIONS HYDROPHILIC

HYDROPHOBIC

EcoAerogel 2nd Production Line : Composite Panels

A MODIFIED EcoAerogel: CRUDE OIL OCEAN CLEANING

ECOAEROGEL ON THE SEA RECOVER

AFTER OIL SPILL DISASTER

2014-2017

20°month

30°month

Customized

production

STEP by STEP

36°month

2013 TOTAL

REVENUE

$ 221,8 MILION

2020 TOTAL

REVENUE

$ 1896,6 MILION

CAGR

(2014 – 2020)

36,4 %

THE MARKET IS GROWING

MARKETING STUDIES SAY …

BUSINESS MODEL

Sales EcoAerogel and composite EcoAerogel in Europe

Licensee of technology in the rest of the world

Sales specific functionalized EcoAerogel and / or build up

a partnership in order to produce under licensee new

functionalized products

Continue to invest in R&D for new functionalized

products and register new patents

What We Need and How We Use

Build up 2 Industrial production lines: 6.000.000 €

Actual Investment: 500.000 Euro from members

Looking for new Investor: 3.000.000 Euro from the market

+

2.500.000 Euro challenge from Horizon 2020 SME phase II

How we will use: 1. R&D and patenting

2. Pilot Facility

3. Main Facility

Good Investors: Indipendent Capital Partner

Green Company Capital

Public Capital

Strategical Financial Partner

ROI: we are expecting an average ROI of 20 times in the next 4-5 years

FUNDS and CONTRIBUTIONS

November 2014: Alimenta2Talent - award as one of the 5 best project related to the food promoted by the City of Milan and the Technologic Park Padano of Lodi 6 months person GRANT

July 2016: FONDO DI ROTAZIONE PER L’IMPRENDITORIALITA’ (FRIM) BANDO LINEA 8 START-UP - RE-START Bando 2014 LOMBARDY REGION - GRANT and FUNDING

April 2016: HORIZON2020 SME INSTRUMENT PHASE I (call-02-2016-2017) “Accelerating the uptake of nanotechnologies advanced materials and advanced manufacturing and processing technologies by SMEs”. GRANT for the FEASIBILITY STUDY

March 2018: HORIZON2020 SME INSTRUMENT PHASE II (70% GRANT up to 2.500.000 €) work in progress…

EVENTS and CONFERENCES

September 2015: X Forum Federalimentare “The Italian Experience” EXPO

March 2015: Seed and Chips International Exhibition - Milano FieraMilanoCity

October 2015: NAM at EXPO Lombardies interactive Exhibition (A unique territory with Multiple Identities) as one of the 10 better start-up IDEA with dedicated videos

April 2016: “Green Chemistry Conference and Exhibition” 1st prize “Green Chemistry Innovation” Cremona

September 2016: 3rd SEMINAR ON AEROGELS: Synthesis-Properties-Applications; Sophia Antipolis (France)

March 2017: Innovation HUB – COREFAB – Cormano (MI)

May 2017: Seed and Chips International Exhibition – Food Innovation Guest - Milano FieraMilanoCity

www.namsrl.it

info@namsrl.it

THANK FOR YOUR ATTENTION

…. LIKE A PHOENIX RISING FROM ITS ASHES