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0 0 Hydromea SA Av de Longemalle 11 1020 Renens, Switzerland www.hydromea.com PIONEERING AUTONOMOUS UNDERWATER INSPECTIONS TechX Winner, Scotland 2019 Top 10 Ocean Influencers by ECO Magazine 2019 Top 100 Disruptors by Marine Technology 2019

PIONEERING AUTONOMOUS UNDERWATER INSPECTIONS

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Page 1: PIONEERING AUTONOMOUS UNDERWATER INSPECTIONS

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Hydromea SAAv de Longemalle 11

1020 Renens, Switzerlandwww.hydromea.com

PIONEERING AUTONOMOUSUNDERWATER INSPECTIONS

TechX Winner, Scotland 2019Top 10 Ocean Influencers by ECO Magazine 2019Top 100 Disruptors by Marine Technology 2019

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Hydro TurbinesOffshore Wind Aquaculture Marine Vessels

The Problem

Mandatory inspection & monitoring of submerged assets today is highly inefficient

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The Problem

Mandatory inspection & monitoring of submerged assets today is highlyinefficient

• High costThe cost of 1 ballast water tank inspection can reach up to $200’000Source: Ithaca, Total, DNV GL, Chrysaor, 2019

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The Problem

• Workers safetyThe fatalities linked to confined spaces is on the riseSource: Vistrato Limited, 2018

Mandatory inspection & monitoring of submerged assets today is highlyinefficient

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The Problem

• Asset DowntimeAn inspection of turbine blades involves disassembly and can take up to 2 monthsSource: General Electric

Mandatory inspection & monitoring of submerged assets today is highlyinefficient

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The Problem

• Accidents HappenPollutants last for years in the marine environmentSource: Pew Oceans Commission, 2003

Mandatory inspection & monitoring of submerged assets today is highlyinefficient

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Current inspection tools are costly, unsafe and/or impractical

Why?

Manned Entry Aerial Drone Tethered Vehicle

Safety and cost Endurance and payload

Tether management

! ! !

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✚ Ad-hoc asset checks✚ Eliminating safety risks✚ Increasing asset uptime✚ Reducing costs by at least 5x

The world’s first portable autonomous underwater drone

The Disruptive Solution

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TAM** $6.74bn

Global Underwater Vehicles

Autonomous Vehicles

SAM** $1.48bn

*Source: https://www.grandviewresearch.com/press-release/global-underwater-robotics-market

The Market* for Underwater Vehicle Sales, 2025

**TAM: Total Available Market I SAM: Serviceable Available Market

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The Service Market for Underwater Inspection

Drone platform approach allows for scale across industry segments

DEFENCEOFFSHORE WIND FARMS

OIL & FUEL STORAGE

TANKS

WATER & POWER PLANTS

HYDRO POWER

SALMON FARMING

ENVIRON-MENTAL STUDIES

INDU

STRY

SEG

MEN

TS

OFFSHORE FLOATING

PLATFORMS

LOIs/paid pilots with

2020/2021 2022+

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Business Model Evolution

A platform to enable data

capture

Data collection

Predictive data analytics

Outsourcing manufacturing

Partnering with service providers Technology

leadership

2020 - 2023 2024 - onwards

Monetizing hardware & data capture

Monetizing data delivery

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The Company

2004

Fundamental R&D in the academia

2015

Key Enabling Components Development

Augmenting Strategic Value

2018

Founding

Synergia grant @

Felix Schill | CTOPhD in Computer Science,

Underwater Swarm Communication @ ANU, Australia

Alexander Bahr | COOPhD in Autonomous Underwater Vehicle

Navigation @ MIT & Woods Hole Oceanographic Institution, USA

Igor Martin | CEOGlobal Business Director @ DuPont, BSc in Industrial Economics, MBA @ SLU, USA

3 founders

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Why Us: Steps Ahead in the Underwater Market

Fast optical wireless telemetry

.

Up to 10Mbit/s

Thinnest & hub-less propulsion

.

Only 16mm

Smallest navigation

system

Our own GPS

Swarm localisation

network

Scalable

Portable drone software & hardware

7 drones built

Substantial IP around compact, robust & autonomous

commercialised

SWISS MADE

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HIGH SPEEDWIFI UNDERWATER

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Vessel integrity is strictly regulatedto prevent environmental accidents

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LUMA™

SCALABLE HIGH SPEED UNDERWATER WIFI

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An Oil & Gas offshore platform is a vessel with 12-24 ballast water tanks

Ballast tanks• key to integrity• extremely complex

spaces to inspect• always offshore

Network Based Communication

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LUMA™ at 4200m depth in the Pacific

LUMA™ video streamingin ambient light

LUMA™: From Splash Zone To 18’000ft Depth

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50x LONGER

1 SECLuma™ 500ER

Fastest Acoustic Modem50Kb

LUMA™ Runs Faster

Time

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1.39 mW

Luma™ 500ER

50Kb

649 mW

Fastest Acoustic Modem

500x HUNGRIER

Power consumption

LUMA™ Lasts Longer

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LUMA™ Doesn’t Mind Traffic

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ROV PROPULSION FOR TOUGH ENVIRONMENTS

Direct-driveTangle resistantHydro-lubricatedPressure-proofPatented

ULTRA-THINHUBLESS THRUSTERS

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DiskDrive™ Thrusters Are Gaining Adoption Speed

Various ROV Manufacturers

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Impacting Underwater Industries

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Pascal Radue, President & CEO, GE Hydro Solutions:“The Hydropower business model is changing and with our service offerings we

at GE Hydro Solutions aim to make that change a success. <…> We are particularly impressed about Hydromea’s unique portable underwater drone technology that

may provide us with a competitive advantage in the service market.”

• Credible, revenue-generating SME with protected IP• An experienced and well-advised team with proven

focus on execution and rare combination of underwater technology expertise under one roof

• Significant opportunity to augment strategic value through development of autonomous underwater inspection and monitoring technology platform

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Interested in• Investing?• Partnering on Development or Market Access?Contact Us: [email protected]