Solterra Renewable Technologies Inc., ASU Research Park, 7700 S.

River Pkwy, Tempe, AZ 85284

www.solterrasolarcells.com

Solterra Renewable Technologies, Inc. & Website:

www.SolterraSolarCells.com
Quantum Materials Corporation
Industry: Solar Energy
Business Summary: Quantum Dots
Employees: 10
• Solterra’s mission is to become the leading producer of third
Founded: 2008
generation photovoltaic cells (solar cells) through the use of internally
produced Quantum Dots and to deliver cost–efficient solar electricity. Contacts:
• Quantum Materials’ strategy is to produce semiconductor quantum Steve Squires, CEO
dots at dramatic cost savings and increased volumes and integrate ssquires@solterrasolarcells.com
these into high-production, low-cost printable solar cells to deliver Phone: +1 214-701-8779
levelized cost of electricity (LCOE) of less than $0.12 / kW-h. The
quantum dots and solar cells will be produced at our own facilities and Dr. Bob Glass, CTO
through third party regional license agreements and distributed through drbob@solterrainc.com
existing supply chains and integrators. Phone: +1 415-309-7000

Customer Problem: Toshi Ando

Sr. Dir. Asia Pacific Bus. Dev.
• Due to high cell manufacturing cost and limited conversion toshi@solterrainc.com
efficiencies, solar electricity is currently produced at much higher cost +1-510-300-4021
than conventional sources.
• Achieving “grid-parity” or competitive LCOE with low cost solar Andrew Robinson
allows consumers to make an easy choice over economically and Sr. Di r. Mid dle E ast Bus. De v .
ecologically burdening energy sources such as coal and oil. Riyadh, Saudi Arabia
Government mandates to achieve high percentages of electric use with amtronics55@gmail.com
renewable energy can be met with the ability of solar electricity to be Phone: +966 55 751 6759
broadly distributed and generated. ……………………………
Financia l Info rmation:
Product/Services:
Richard Chancis
• Solterra's process does NOT require costly silicon or slow, (Investor Relations &
cumbersome vacuum processing or sputtering methods, and as a result Business Development)
will be creating a new paradigm in the industry. Solterra uses its robust rcsound@bellsouth.net
IP portfolio in third generation photovoltaic materials, including licensed Phone: +1 305-773-7260
technology for the quantum dots from Rice University and solar cell -------------------------------------------------
processing technology from the University of Arizona and Arizona State Funding S tage :
University to produce low cost solar power to compete with any and all Seeking $17 .5M in Funds to
power sources available today. Establish Manufac tu ring
• Separate from its quantum dot solar technology, Quantum Facility
Materials also is marketing the low cost, high quality quantum dots for
Capita l Raised to -da te: $2.5 M
other electronic and biomedical applications. These quantum dots can
-------------------------------------------------
be produced in larger scaled quantities, have unique shape
characteristics and will address a tremendous need for engineered
Management :
nanomaterials for burgeoning uses in a variety of fields. Stephen Squires, CEO
Brian Lukian, CFO
Target Market: Dr. Bob Glass, CTO
David Doderer, VP R&D
• Global industry revenues were $15.6 Billion in 2006, up 20% over Dr. Ghassan Jabbour, CSO
the prior year and are projected to exceed $60 Billion by 2016. Total (Jeddah Saudi Arabia)
World annual electricity consumption is approximately 16,000 billion Toshi Ando, Sr. Dir, Asia / Pacific
kilowatt-hours' with the U.S consuming approximately 4,000 billion Andrew Robinson, Sr. Dir.MidEast
(Riyadh Saudi Arabia)
kWh’s. Current solar production is significantly less than 1% of this
total. Worldwide government mandates to greatly increase renewable Richard Chancis, B us. Development

electricity contribution to total consumption will continue to drive

demand. Advisors:
Customers: Dr. Michael Wong, Rice University
-------------------------------------------------
• Due to our ability to produce large volumes of printed solar cells, our Investo rs :
initial customers will be large global commercial users and utilities. MKM Investments
Sales/Marketing Strategy: Posner Family Trust
• Solterra will use an in house sales team to penetrate the US and Oceanus Capital
global markets. There are two segments that will be handled by the Sound Capital
sales team:
A. Quantum Dot sales:
Dedicated to the sale of Quantum Dots to the global research
 Solterra Renewable Technologies Inc., ASU Research Park, 7700 S. River Pkwy, Tempe, AZ 85284
www.solterrasolarcells.com

communities, to enable continued affordable research and

development of quantum dot based products for bio-medical assays, Quantum Materials Inc.
printed displays, LED applications, lasers and photonic devices, 7700 S. River Parkway
computer memory and storage devices Tempe, Arizona 85284
B. Solar Sales:
Distribute printed quantum dot solar cells to the solar industry
integrators. License the use of the Solterra photo voltaic production (Parent Company of Solterra)
technology to regional solar cell producers Publicly Traded Over the Counter
(OTC), symbol: Q T MM. ob
There will be several licenses available from Solterra. Licenses will be
developed for each application and from that point, custom designed to
provide for the needs of any one organization. License descriptions will
vary depending on Licensees specific needs as related to locale etc.

Business Model:
• Direct sales of quantum dots for non-solar applications will be made
to provide cash flow to the company for ongoing operations and
expansion. The net cost to manufacture the quantum dots is
significantly less than other quantum dot manufacturers and current
prices are approximately $1000 to $5000 per gram. Volume targets to
support solar cell production and quantum dot direct sales are 1,000 to
10s of thousands of kilograms per year.
• Direct sales of solar cells to integrators is expected to generate
significant additional revenue at high volumes (approaching 1Gigawatt
production within 24 months) and approximate manufacturing cost of
$1/W.
• Licensing ongoing technology for the production of quantum dot
solar cells to interested and established third parties under regional
license agreements.+

Competitors:
• The ten largest competitors, including BP Solar, Kyocera, Sharp,
Shell Solar and Q Cells all manufacture silicon based solar cells. The
manufactured price per watt is expected to remain over $3/W for the
next 5 to 10 years. Additionally, capital costs to deploy silicon solar cell
manufacturing in the 100-200MW per year range remain exorbitant at
$100M+. Although stated earlier, these ten largest producers still only
have less than 1% of the renewable energies market, and much less
than this of the total electricity consumer market. There is much room
for expansion if the cost is competitive to conventional energy sources.

Competitive Advantage:
• Solterra not only expects to significantly lower the manufactured
cost to well under $1/W, but also to increase collection efficiencies past
the 15-16% practical limit of silicon based cells, both leading to much
lower LCOE values. In comparison to the high capital costs for silicon
cell plants, Solterra expects to be able reach 1GW production capacity
for less than $20M in capital expenditure.

• Solterra expects to continue to innovate low cost solar cells through

the potential of the quantum dot material that has been developed at
Rice University. The theoretical limit to collection efficiency is roughly
double that of conventional silicon. We have access to leaders in the
field of quantum dot synthesis and printable electronics and expect to
be able to continue to make innovations in solar cell production and the
general use of quantum dots in printed electronics, laser and LEDs for
years to come.