Flowaluminum.com
Flowaluminum.com
Flowaluminum.com
Flowaluminum.com
Flowaluminum.com
Problem �& Market need
The Flow Aluminum Battery is:
Net electricity consumption worldwide in 2022 was 25,000 terawatt-hours with no safe and inexpensive storage options.
Lower Cost than Lithium-ion
Not Flammable
High Energy Density
Also a Direct Air Capture Device, Sequestering Carbon
Flowaluminum.com
As an emerging energy storage concept, �Al–CO2 batteries have not yet been demonstrated �as a rechargeable system that can deliver a high �discharge voltage and a high capacity. In this work, we present a homogeneous redox mediator to access a rechargeable Al–CO2 battery with an ultralow overpotential of 0.05 V. In addition, the resulting rechargeable Al–CO2 cell can maintain a high discharge voltage of 1.12 V and delivers a high capacity of 9394 mAh/gcarbon. Nuclear magnetic resonance (NMR) analysis indicates that the discharge product is aluminum oxalate which can facilitate the reversible operation of Al–CO2 batteries. The cathode contained equal parts aluminum-oxalate and carbon paper.
The rechargeable Al–CO2 battery system demonstrated here holds great promise as a low-cost and high-energy alternative for future grid energy storage applications. Meanwhile, the Al–CO2 battery system could facilitate capture and concentration of atmospheric CO2 , ultimately benefiting both the energy and environmental sectors of society.
A Secondary �Al–CO2 Battery Enabled by Aluminum Iodide as a Homogeneous Redox Mediator
Flowaluminum.com
Solution Product & Technology
We developed a rechargeable AI-CO2 battery that can
Flowaluminum.com
Recharge
At an ultra-low over potential of 0.05 V
Discharge in Air
Use Cost Effective Materials
Over potential: the electricity put into a battery when charging it that isn’t Recovered when discharging it.
DAC - The battery intakes CO2 which enables it to function in a Direct Air Capture functionality.
Battery
Lithium-ion batteries, found in many popular consumer products, are under scrutiny again following a massive fire this week in New York City thought to be caused by the battery that powered an electric scooter.
�At least seven people have been injured in a five-alarm fire in the Bronx which required the attention of 200 firefighters. Officials believe the incident stemmed from a lithium-ion battery of a scooter found on the roof of an apartment building. In 2022, the New York City Fire Department responded to more than 200 e-scooter and e-bike fires, which resulted in six fatalities.
�Flow Aluminum batteries are not flammable.
Direct Air Capture
The battery intakes CO2 and sequesters it which enables it to function in a Direct Air Capture functionality.
250 tons of carbon sequestered per year per unit
Equivalent 11,666 trees
$20,000 in Carbon Credit value annually $1,000,000/yr for a 200 MW install
Roadmap
2024
2025
2026
Product
1GWh Factory
20GWh Expansion
Development/Validation
OEM Sample�Testing
Planning Engineering
Site Selection/�Design/Construction
Equipment Install
Production Validation & SOP
Planning / Engineering
Site Selection/ Design/Construction
Equipment Install
Production Validation & SOP
2023
Pouch Cell
Prove Energy Density
2024
Drone Battery
Achieve revenue
2024
Grid Storage �& Direct Air Capture (DAC) Designs
2025
Grid Storage / DAC Production
Achieve Scale - 2nd Revenue Stream
Roadmap
Marketing Research
Over 100 interviews conducted
A lighter, less expensive �battery built with an alternative to lithium would be favorable in the auto industry. I will look into getting our team to test your prototype.
Large EV Truck Corporation
An energy-dense, lighter, �non-flammable option would go far in drones & planes. If you can meet our specs we will test it.
Rocky Mountain Region Drone �and Airplane Co.
We have partnered with UNM on grid storage in the past & continue to support the program.
NM Utility
Partnerships
We have been selected for a �Techlab with the University of Michigan Global CO2 Initiative to explore Direct Air Capture applications of the battery.
We have also been accepted & participate in the Innosphere DOE REACH program as well as the Arrowhead CERG program.
Business Model
Beachhead Market within 6 months:
Drone Battery Production
Target Grid Storage for scale: �Prototype in a year & a half
Alternative Industries: eVTOLS, Planes, Space, Trucks, Cars, TVs, Boats, Forklifts, Scooters, and more.
Provide energy-storage solutions to a subset of commercial customers in each of the four most important applications—demand-charge management, grid-scale renewable power, small-scale solar-plus storage, and frequency regulation.
Business Model
Beachhead Market within 6 months:
Drone Battery Production
Target EV for scale:�Prototype in a year and a half. Partner with Strategic like Honda or GM. MOU in place with Torev Motors.
Alternative Industries: eVTOLS, Planes, Space, Trucks, Cars, TVs, Boats, Forklifts, Scooters, and more.
Partnering
Memorandum of Understanding with Torev Motors who make dual axial electric motors using no rare earth minerals.
Target conversion Nissan Leaf with Flow Aluminum Battery & Torev Motors.
Speaking with Honda, GM, Rivian & other strategic partners.
Business Model
Beachhead Market within 6 months:
Drone Battery Production
Target drones, eVTOL, planes and satellite/space for scale: Partner with Strategic like UVify, Archer, Bye and Heart Aerospace. MOU in place with Torev Motors.
Alternative Industries: eVTOLS, Planes, Space, Trucks, Cars, TVs, Boats, Forklifts, Scooters, and more.
Perfect Space Battery - Light weight, high energy density, operates at extreme temperatures & not flammable
Dr. Wei conducting research with NASA. Fits in the NM Space Valley narrative.
Business Model
Beachhead Market within 6 months:
Drone Battery Production
Target US Special Forces. Connection with 10th Group and SOCOM. Communications, drones & myriad other applications.
Alternative Industries: eVTOLS, Planes, Space, Trucks, Cars, TVs, Boats, Forklifts, Scooters, and more.
Competition & Sustainable Advantage
Lithium-ion battery Technology
Li
+
vs
Earth- Friendly
Built to Last
Made in USA
Scalable
Total Addressable Market
TAM
$34B
SAM
$8.7B
SOM
$335M
The Global Energy Storage Systems (ESS) market size is estimated to be worth US$34b in 2022 & is forecast to a readjusted size of US$60b by 2028 with a CAGR of 27% during the review period.
EV Battery & Grid/ Residential Storage Total Addressable Market to be close to a Trillion dollars by 2040.
Li-on
Competition
Fe-flow
Other in-Research Technologies
01
04
03
02
Top Competitor due to similar Energy Density - Solid State Batteries - Still lithium, very flammable
Sodium Battery(InLyte/CATL/Northvolt) - Low gravimetric density (under 200 wh/kg versus 695 projected for ours. Can not be in prismatic or cylindrical form. Low cycle life.
Aluminum-Ion - Rio Tinto/Graphene Manufacturing Group –said it has developed graphene aluminum ion (G+AI) battery prototype pouch cells with a storage capacity of more than 500 milliampere hours (mAh) & a nominal voltage of about 2 volts.
Aluminum-Air - Phinergy - Aluminum-Air batteries. Israeli Company has raised $50M and been around 14 years. Partnered with Tata.
Aluminum-Sulfur MIT
Iron Flow - Form Energy - Large & cannot be in EVs
Carbon - Noon Energy - Carbon long duration storage. Not using Aluminum
Competitive Landscape
Executive Team
Flow Aluminum Chief Strategy & Commercial Officer
Chris Brower
CEO
Management consulting & venture backed exits
Tom Chepucavage
Chief Scientist
Professor, Publications & Research Cornell
and MIT
Shuya Wei
CTO
Completed UNM & REACH Accelerators innovating the product on an ongoing basis. Won the Comcast Pitch Competition
Chris Fetrow
Simit Shah
Fractional COO/CFO
Technical Advisors
Advisor & President of Gridworks - 1 Gigawatt of installed storage
Kevin Bassaleck
Navitas Systems - Lithium-ion �cell developer with experience in product design and demonstration, battery science and technology, multi-level team building and management, & laboratory/�facility design and �management. �A123 alum.
Chris Silkowski
Bob is an Energy Storage technology executive with experience in large corporations (ATL, CATL, Magna, Delphi, GM) and small entrepreneurial...
Bob Galyen
Financial Summary
Flow Aluminum Inc.
Financial Year
2023
2024
2025
2026
2027
Revenue
Growth %
COGS
% of Revenue
Gross Margin
Gross Margin %
Variable Expenses
% of Revenue
Salaries & Wages
% of Revenue
Fixed Expenses
% of Revenue
EBITDA
EBITDA %
Depreciation & Amortization
EBIT
Interest Expense
Tax Expense
Net Profit Before Tax
Net Profit After Tax
Net Profit After Tax %
530,430,120
443%
(371,066,828)
(70%)
159,363,292
30%
(79,564,518)
(15%)
(10,294,310)
(2%)
(14,586)
(0%)
69,489,878
13%
(30,000)
69,459,878
-
(4,098,133)
69,459,878
65,361,745
12%
160
(136)
(85%)
24
15%
(24)
(15%)
(40,000)
(25,000%)
(12,000)
(7,500%)
(52,000)
(32,500%)
(27,500)
(79,500)
(0)
(79,500)
(79,500)
(49,688%)
202,000
126,150%
(169,500)
(84%)
32,500
16%
(30,300)
(15%)
(2,191,000)
(1,085%)
(12,600)
(6%)
(2,201,400)
(1,090%)
(30,000)
(2,231,400)
(0)
(2,231,400)
(2,231,400)
(1,105%)
-
-
9,174,000
4,442%
(7,315,000)
(80%)
1,859,000
20%
(1,376,100)
(15%)
(3,392,050)
(37%)
(13,230)
(0%)
(2,922,380)
(32%)
(30,000)
(2,952,380)
(0)
-
(2,952,380)
(2,952,380)
(32%)
97,719,600
965%
(73,183,220)
(75%)
24,536,380
25%
(14,657,940)
(15%)
(6,093,153)
(6%)
(13,892)
(0%)
3,771,396
4%
(30,000)
3,741,396
-
(220,742)
3,741,396
3,520,654
4%
Income Statement ($) – 5 Years to Dec-2027
Opportunity for NM
NM EDD JTIP, LEDA etc.
Considered a Gigafactory in NM at one point. Validates workforce.
Funding Requirements & Use of Funds
$8M Seed Round - Post Money SAFE with a 20% discount.
-$410k raised to date
50%
15%
15%
15%
5%
Product
Marketing
Legal
CAPEX
New Hires
Flowaluminum.com
Tom Chepucavage
Appendix
We enable a rechargeable battery using a redox mediator and novel electrolyte:
• Provisional patent via University of New Mexico tech transfer office, Lobo Rainforest
Previous publications & presentations:
Paper: Fetrow, Christopher, et al. "A Secondary Al–CO Battery Enabled by Aluminum Iodide as a Homogeneous Redox Mediator." ACS Applied Materials & Interfaces (2023).
Poster Presentation: Fetrow, Christopher. “Rechargeable Al-CO battery using a homogeneous catalyst.” TRIMMing CO project review (2023).
Presentation: Fetrow, Christopher. “Homogeneous catalyst for low-overpotential reversible CO reduction.” TRIMMing CO project review (2023).
Presentation: Fetrow, Christopher. “Rechargeable Al-CO battery enabled by a homogeneous redox mediator with ultra-low overpotential.” 2022 AIChE annual meeting (2022).
IP