OTCQB:PLRTF CSE:PRT INVESTOR PRESENTATION Q1 2020 - Plymouth ...
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
OTCQB:PLRTF CSE:PRT INVESTOR PRESENTATION Q1 2020
Forward Looking Statements / Disclaimer Certain information set forth in this presentation may contain forward-looking statements A number of known and unknown risks, uncertainties and other factors may cause the that involve substantial known and unknown risks and uncertainties. All statements other actual results or performance to materially differ from any future results or performance than statements of historical fact are forward-looking statements, including, without expressed or implied by the forward-looking information. These forward looking limitation, statements regarding future financial position, business strategy, use of statements are subject to numerous risks and uncertainties, certain of which are beyond proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and the control of the Company including, but not limited to, the impact of general strategic alliances and co-operations, budgets, cost and plans and objectives of or economic conditions, industry conditions and dependence upon regulatory approvals. involving the Company. Such forward-looking information reflects management's current Readers are cautioned that the assumptions used in the preparation of such information, beliefs and is based on information currently available to management. Often, but not although considered reasonable at the time of preparation, may prove to be imprecise always, forward-looking statements can be identified by the use of words such as "plans", and, as such, undue reliance should not be placed on forward-looking statements. The "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", Company does not assume any obligation to update or revise its forward-looking "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of statements, whether as a result of new information, future events, or otherwise, except as such words and phrases or may be identified by statements to the effect that certain required by securities laws. actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.
Agenda
❶ Introduction/Overview
❷ Goals and Objectives
❸ Technology Status
❹ Financial Needs for 2020
❺ Q&A
3
Overview
■ Plymouth Rock Technologies (PRT) was formed by highly experienced scientists, engineers and business
executives to develop and commercialize combined sensory and intelligence products.
■ The company will achieve this through in-house intellectual property and strategic acquisition to meet
growing challenges.
■ We believe our experience within market segments offers both our customers and shareholders a diversified
opportunity in Security, Defense, Intelligence and fast growing vertical markets.
■
$ Become the leader in Develop and Demonstrate advanced Increase shareholder advanced threat commercialize advanced technologies to detect value through the detection systems and screening capabilities and identify threats at continued creation of “stand-off” detection by with easy to operate extended ranges in exclusive IP and growing developing new RF security products that advance of arrival at market recognition. technologies and save lives and prevent security checkpoints. methods. terrorist threats.
18,800
deaths due to mass shootings, suicide
bombs and other attacks last year
2,608 terrorist attacks in the US since the
1970s
21 mass shootings in 2019 in the US
$8.4B 2015 – 2022 revenues in standoff and
concealed weapons detection
47% compounded growth rate (CAGR)
At Plymouth Rock, we believe this market size is limited by current technologies,
undervalued, and that the availability of higher performance, easily adopted and more
affordable systems will push this market higher.
(1) Homeland Security Research, Standoff IED, Person-Borne & Vehicle-Borne Explosives & Weapon Detection: Technologies & Global Market –
2015-2020, Q2 2015
Leadership
DANA WHEELER CARL CAGLIARINI DAVID RUSSELL PROF STUART HARMER
President & CEO Chief Strategy Officer SVP Engineering Operations Chief Scientific Officer
Recognized Industry Veteran with over 35 years’ A highly successful and experienced start–up 35+ years Innovation and engineering program 20+ years - Head of the new Engineering &
experience in RF, Microwave and Millimeter-wave entrepreneur with extensive international management and engineering execution Design department at the University of
technologies. Proven track record of successful experience of customer focused technology including bringing a diverse team together and
Chichester in the UK. Stuart holds a BSc. in
start-ups, mergers and acquisitions. Past positions innovation and International business coordinating all inter-dependencies between the
functional disciplines (e.g. mechanical, electrical, Physics & Astrophysics, a DPhil. and is a
with M/A-Com, Millitech, Lockheed Martin, development. Carl has held high level Sales and
controls, software) needed to convert the Fellow of the Institute of Physics. Stuart has
Harmonix Corp (HXI), Terabeam, Proxim and Business Development positions with Radio
founder of Radio Physics Inc. Physics, Infinet Wireless (YNDX), FSONA product vision into executed products. an applied research background in millimeter
Mr. Wheeler is a graduate of the University of Corporation and led the M&A of the Astro Terra and microwave technologies and their
Massachusetts, Dartmouth. Dana is a very well merger MRV (MRVC). This included application to remote sensing and security
known within the USA innovation defense fraternity management and oversight of the NASA STRV 2 screening.
and has extensive experience taking products Program. Carl serves as a pro-bona Chairman of
through the military specification cycle. a UK educational recognized for special
educational needs by the UK Government in the
2017. His commentaries have been aired on
BBC , CNN and Sky TV
ANGELOS GEORGE STUBOS TIM CROWHURST VIVIAN A. KATSURIS
Independent Director Corporate Secretary and Director
KOSTOPOULOS Director
Independent Director 28+ years experience and long history in 27+ years financial experience in the brokerage
George Stubos is the President of Stubos Capital Inc. corporate affairs, as well as a strong industry, the North American capital markets &
35+ years experience and Partner with the and has 25 years of Capital Markets, Energy and understanding of border security measures public financings and has held director and
Nakou & Associates law firm based in Technology investing experience leading early stage and international immigration movements. senior officer positions with various public
Athens, Greece and with offices in companies in their growth strategies. He was an Prior to commencing a successful issue companies over the last 5 years.
Washington, DC. He holds a BA degree investment advisor with Canaccord Capital and was a and crisis management consultancy in
from Arizona State University, a MA degree founder of Business Financial Publishing. He has served 1993, he was an advisor to several
from Indiana University, and a M.Sc. as the founder and director of several public companies. Canadian Cabinet Ministers.
degree from the Hellenic Army Supreme Mr. Stubos is a member of the Association of
War College, and is a candidate for a International Petroleum Negotiators and the North
Masters of Law (LL.M.) degree at Cumbria America - Mongolia Business Council. In addition, he is
University, United Kingdom. involved with various philanthropic and charitable
organizations.
ADVISORY BOARD
DOUGLAS SMITH PROF STUART HARMER JASON ELWOOD STEVE HANSON
23+ years - Former Assistant 20+ years - Head of the new 37+ years recently retired from Raytheon With over 25 years of finance and corporate development
Secretary for the U.S. Department of Engineering & Design department at the Company (NYSE:RTN) focusing on the experience, Mr. Hanson has been President of Channel Capital
Homeland Security. And over two University of Chichester in the UK. defense industry. Most recently Vice since 2002, a venture capital consulting firm assisting early-stage
decades of international experience in Stuart holds a BSc. in Physics & President of Operations for Raytheon companies in the development of short and long-term financing
business development, Astrophysics, a DPhil. and is a Fellow of Integrated Defense business as the strategies. During this period he has held executive, board and
communications, coalition building, the Institute of Physics. Stuart has an Operations leader Jason was responsible advisor positions for numerous private and public companies and
public policy, and creating and applied research background in for locations around the globe. Jason holds been involved in a number of successful M&A transactions. Mr.
managing public-private partnerships millimeter and microwave technologies an MBA in operations management from Hanson also served as Chairman and Managing Director of Van
among Federal, and their application to remote sensing University of Massachusetts Arbor Asset Management, an award winning equity money
and security screening. management firm from 2004 until 2008, which he founded in 2003.
Van Arbor Asset Management was bought by ZLC Private
Investment Management in 2008.
New Threat Detection Focus
" Security technology and methods have not evolved quickly
enough to keep pace with emerging threats.
" Reactive rather than proactive security screening techniques
have become the rule.
" Dense crowds of unprotected people waiting in queue leaving
them even more vulnerable to terrorist attacks.
" PRT will apply proven techniques to expand the security
perimeter to Stand-off distances to points of entry and beyond.
" Our systems will streamline the screening process while
increasing probability of detection to proactively counter evolving
threats.Plymouth Rock Security Solutions for the Global Market X1/MiRIAD – A custom Search Shoe-Scanner – A safe and Wi-Ti - A breakthrough radar and Rescue Drone with multiple effective RF technology that technology using artificial imaging sensors that can detect addresses one of the most intelligence and advance concealed threats on the person significant gaps in the aviation processing to detect threat and structural weaknesses in and prison security screening items concealed on people over valuable infrastructure assets. process. a wide coverage area.
PRT X1 Drone
• Designed by PRT and built in the USA*
• All parts NATO Coalition country sourced
• Unmanned Aerial System (UAS) for Law Enforcement,
Rescue, Surveillance, Light Military Applications
• Latest Intelligence Surveillance and Reconnaissance
sensors (ISR)
• Custom SmartAP Software, bringing Artificial
Intelligence, Sensors and Drone flight safety together
12
VIDEO: http://bit.ly/x1dronePRT X1 Markets " Law Enforcement " 3-Letter Intelligence Agencies " Border Patrol and Services " Military " Rescue Services – Fire, Coastguard, Mountain " Commercial – Private Security, Events, NDT " US Defence Labs – Sandia/Los Alamos
PRT X1 SAR Drone
MiRIAD – Millimeter Radar Imaging
from Airborne Drone
" The MiRIAD device is a compact and lightweight sensor payload
designed for attachment to most commercial or military drones
" The MiRIAD scans subjects from above using novel image processing
and artificial intelligence to identify and relay threat information to a
ground-based operator or control center
" MiRIAD sensors can be used for a range of other applications; Aircraft
defect inspection, fractures or weak spots in power transmission cables,
industrial pipelines or invisible corrosion on structural assemblies ie;
bridges, wind turbines…
" The MiRIAD sensor can also be used to image through heavy snow,
smoke, fog and dust to enhance situational awareness and navigational
safety in visually degraded environmentsPRT X1- MiRIAD Expanding Markets Shipping safety and Oil and Gas Industry – Wind farms Infrastructure – bridges, integrity Pipelines dams, buildings
PRT X1 Drone
Upcoming Milestones
Q1 2020 Q1 2020 Q3 2020
Test and Install prototype Obtain experimental Display SAR Drone Identify potential
characterize radiometers onto X1 licenses for New with various sensor partner with
prototype SAR drone for NDT Horizons radio location payloads at ISC portable Chemical
radiometers applications frequencies of West Trace sensor
136-141GHz and
products that can
241-248GHz
be installed on the
PRT X1 platform
Q1 2020 Q2 2020Shoe-Scanner – Footwear Imaging
Radar
" Floor mounted imager that uses harmless radar technology to examine
footwear while still on the person.
" Provides an image that will identify any tampering with the shoe
structure, any concealed items in the shoe or foot cavity area.
" Rapid pre-screening of footwear without removal reduces screening
bottlenecks and concentrations of people waiting in queue.
" This rapid screening technique delivers an entirely new capability that
has been demanded by TSA, FAA, CAA, Department of Homeland
Security, Customs and Border Patrol, US Federal Corrections and UK
Home Office.
" Easily incorporated into current screening processes for rapid adoption
and near-term efficiency improvements.Shoe-Scanner - Images
" Shoe images showing concealed threat items
(top) versus regular shoe (bottom)
" Captured using prototype shoe scanner at
internationally allocated radio location frequency
band of 15.4-17.2 GHz
" PRT has a strategic alliance with Manchester
Metropolitan University to develop and advance
its leading shoe scanning technologyShoe Scanner
Upcoming Milestones
Q1 2020 Q1-Q2 2020 Q4 2020
Select a scanner Investigate X/Y table Begin LRIP (Low Rate
platform material to replace gantry Schedule
demonstrations Initial Production) of
that has higher Manufacture and dual scanner scanner product based
performance from multiple scanner head to reduce scan with strategic
partners on feedback from
both a mechanical platforms for further time. demonstrations in Q3
and electrical development in both
standpoint the UK and North
America
Q1 2020 Q3 2020Market Opportunities
GLOBAL AIRPORT AUTOMATED
SECURITY SCREENING MARKET
" KEY TREND: Evolution of technologies
to improve security at airports and other
public and private venues
SEA
" MARKET DRIVER: Advanced screening
systems that enhance security and
optimize operations at airport premises
" MARKET DRIVER: Growing emphasis
on reducing passenger wait time due to
increasing passenger traffic GLOBAL AIRPORT SECURITY
MARKET
" FORECAST: The market is projected to
reach $16 Billion by 2024October 23, 2019
Strategic Acquisition – Aerowave
" Aerowave brand and asset acquisition brings significant strategic advantages and cost savings on components
for Plymouth Rock's multiple new products and platforms.
" The 50-year heritage and reputation of Aerowave is well known throughout the North American, global scientific
and aerospace industries and allows us to access their current and past extensive customer base.
www.aerowave.coCurrent Aerowave Customers Target PRT Customers/Partners - 2020
Strategic Development Partners
Key Partners – Customer Relationships by
Product
§ X1/MiRIAD
- UK Met Police, NYPD, NYFD, “Big Data Co”, CBP, Qatar World Cup
§ SS1 Shoe-scanner
- L3/Harris, CBP, RDS, Doha Airport, Rohde & SchwartzProduct Development Roadmap
Milestones Delivery Date Estimated R&D
Cost
PRT/X1 MiRIAD Installation and flight Test Q1 2020 $100,000
PRT/X1 MiRIAD LRIP Documentation Package Q1-Q2 2020 $150,000
PRT/X1 MiRIAD Demonstrations to Various Customers Q3-Q4 2020 $285,000
(Includes LRIP Costs)
PRT/SS1 Shoescanner Demonstrations to Various Q1-Q2 2020 $150,000
Customers and LRIP Documentation Package
PRT/SS1 Shoescanner LRIP Costs Q3-Q4 2020 $190,000
Wi-Ti Development Test Plan & Abicom Engagement Q1 2020 $110,000
Wi-Ti Scattering Measurements – IP Development Q2-Q3 2020 $200,000
Wi-Ti US and EU Patent Application Submittal Q4 2020 $45,000Use of Funds - FY 2020 Breakdown of Expenditures Offering - US $3M Development PRT X1/MiRIAD $535,000 PRT SS1 Shoescanner $340,000 Wi-Ti $355,000 Total Development $1,230,000 G&A/Marketing/Working Capital $1,770,000 Total Use of Funds $3,000,000
Capitalization Structure Shares Outstanding - Basic 32,796,600 Options 3,150,000 Fully Diluted 35,926,600 Share Price US$0.38 Market Capitalization $12.5M OTCQB PLRTF CSE PRT FRANKFURT 4XA WKN# A2N8RH
Investment Highlights ● EXPERIENCE: Technical team has over 100 years of combined industry experience and knowledge. ● MASSIVE GROWTH: Threat detection systems market is expected to reach $84 billion by 2022. ● TRIPLE THREAT: Multiple commercial products expected to hit the market in 2021. ● PROPRIETARY: Cutting edge patented (or patent pending) intellectual property. ● PARTNERSHIPS: Private-labeling opportunities on Shoe Scanner and X1/MiRIAD Multi-Sensor Drone technology.
Thank You Plymouth Rock Technologies 202 South Meadow Road Unit 5 Plymouth, MA 02360 USA +1 774 404 7685 www.plyrotech.com
You can also read
