Ed Minasian Titan Advanced Energy Solutions

1. March 2022
Ed Minasian
edward@titanaes.com
2021 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
ULTRASOUND TO ASSESS USED BATTERIES
TO ENHANCE PERFORMANCE/SAFETY OF
SECOND LIFE

2. Higher
Production
Yields, Faster
Defect Detection
Increased
Battery
Capacity
Dramatically
Longer Battery
Lifetimes
Major Battery
Safety
Improvements
Enabling the
Circular Economy
& Reduction of
GHG
To become the leading UBMS & diagnostic company for advanced batteries, unlocking
enormous economic and environmental benefits across the entire battery industry and all
battery-powered applications
MISSION
2

3. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Battery DIAGNOSTIC Market
(Static scanning – SaaS model)
Battery U-BMS Market
(Dynamic scanning – License Model)
Used
Battery
Assessment
Scanning
batteries upon
EV retirement or
service
Titan Markets
3
End-of-Line
Battery
Inspection
Quality
assurance and
assessment at
factories
Inbound
Battery
Inspection
EV and ESS
battery grading
at integrators
Electric
Vehicle
BMS
U-BMS system
for leading EV
OEM’s
Energy
Storage
Systems
U-BMS system
for leading ESS
integrators
Consumer
Electronics
U-BMS for
single or multi-
cell systems

4. Battery DIAGNOSTIC Markets
Used
Battery
Assessment
Scanning
batteries upon
EV retirement or
service
Battery Diagnostics – Applications and
End-of-Line
Battery
Inspection
Quality
assurance and
assessment at
factories
Inbound
Battery
Inspection
EV and ESS
battery grading
at integrators
4
Battery DIAGNOSTIC Products
Battago
App
Battery Visual
Recognition &
market
intelligence app
Scorpion +
2L platform
Battery
diagnostics and
inventory mgmt.
platform
Battago
Marketplace
Marketplace for
used & diagnosed
EV batteries

5. 2022 Titan Advanced Energy Solutions – Confidential – do not distribute
Current 2L Battery Economics
A new paradigm shift
- Optimization of
transportation costs
- Labor reduction
- Material and energy
reduced via service scan
business model
3-5%
1%
1%

6. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Battery DIAGNOSTICS – Problem/Opportunity
6
CURRENT Solution:
If done at all, grading is done with Battery
Cyclers or technologies that lack accuracy.
PROBLEMS:
• It takes 1 – 2 days for a cycler to complete
an accurate cell test
• Cyclers are expensive pieces of equipment
• Many cyclers are required, and testing is
very expensive (too expensive to justify
grading)
• Because testing is very expensive, most
used battery cells and modules proceed
directly to scrap rather than re-use or re-
purpose
TITAN SOLUTION:
• Highly ACCURATE diagnostic scans
that take SECONDS
(SOH,SOC,Safety)
• Scanning as a service to eliminate
capital equipment purchases
• Much lower costs and higher levels
of resulting quality/grading
In-Service or End-of-Life Diagnostics
Re-use, Re-purpose, or
Re-cycle (3R model)
6

7. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Scorpion – Rapid Battery Diagnostics
Portable, desktop unit designed for
workshops and dealerships for easy use
+/- 1% SoH Error rate
+/- 1% SoC Error rate
Battery Diagnostics in under 10 seconds
with reliable accuracy
Scorpion is the only battery diagnostics system capable of delivering rapid and accurate SoH and safety evaluations for
Used EV batteries. It is also the most cost-competitive diagnostics solution.
Designed to enable geographically dispersed battery service centers along with ease of use and deployment, Scorpion’s
design is compact, its processing cloud-based and scalable, and its interface simple and intuitive.
Scorpion is the only option, not just best in class
Scorpion represents the most advanced ‘battery scanning technology’ in the market
Scan as a Service business model enables
financial flexibility on demand
Lifetime traceability through blockchain
integration & integration in any tracking
application
Eliminates the need for central location,
thus drastically reducing logistic cost
7

8. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Too good to be true ?
Medical
Oil and Gas
Material Analysis
Daily life

9. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Ultrasonic Signal Measurement
9
Anode Cathode
Separator
Advantages: Transmission enables greater
penetration for modules and packs
Measure ultrasonic energy sent through the cell.
• At every battery layer or material interface,
a portion of signal is scattered.
• Batteries of similar form factor have similar
signals.
Transmission Signal
Anode Cathode
Separator
Advantages: Reflection offers a lower cost
alternative for cells
Measure ultrasonic energy reflected at layers in
the battery.
• At every battery layer or material interface,
a portion of signal is scattered & reflected.
• Information may be gained from content of
each layer
Reflection Signal

10. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Ultrasound Measurement Process
EchOES sends
electrical pulse
Transducer converts
to ultrasound
Ultrasound travels
through battery
Transducer receives
ultrasound
Response is stored
by EchOES
Backing
Piezoelectric
Material
Matching
Layer
Acoustic
Lens
V
-V
Converts back
to voltage
10

11. Used Battery Diagnostics – Comparison Table
- Must have to perform test
Notes: 1 – SI-9300R Battery Analyzer, with 40 channels; 2 – Digatron MCT-HD with 48 channels; 3 – Based on 4-units installation in the US (non-union labor rates)
TITAN
Ultrasound
Single Cycle Test Long Term Cycling Impedance
Slow
Impedance
Car OEM BMS
Voltage/
Resistance
Speed of Test < sec Hrs.-days days-wks. 4 mins 6 days per cell mins sec-mins
SoH Error Rate +/- 2% +/- 4% +/- 0.1% +/- 3% +/- 1% +/- 8 - 10%
SoC Error Rate +/- 2% +/- 1% +/- 0.5% +/- 1% +/- 1% +/- 6% +/- 5%
Inter-Cell variation
CAPEX / Unit (New) $0 $450K2 $450K $220K1 $200K None $4K
CAPEX / Unit (Used) $0 $225K2 $225K $110K1 $100K None $2K
Installation Cost / Unit None $40K3 $40K $30K None None None
Training 2-5 min days days days week minutes 2-5 min
Characterization Yes No No Yes Yes No (already done) No
Portability Any test location Centralized Centralized Centralized Any test location Dealership only Any test location

12. Nonetheless, it has proven elusive this far.
WHY?
1. Trusted data on the state of health
and charge of used batteries—a
prerequisite for second-life
applications.
2. Market opacity prevents system
optimization (pack disassembly,
pricing for used batteries,
transportation, etc)
The Circular Economy Enabled by a Trusted Marketplace
A simple, yet powerful idea
12

13. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Battago – A Marketplace For Used, Diagnosed EV Batteries
Inventory Management
• Ability to add and manage inventory of
batteries, by unit or groups of units.
Searchable Marketplace
• based on regional proximity
• Multiple filters to refine search criterion
• Marketplace messaging system to
enable simple communication between
sellers and buyers
Payment Processing & Logistics
• Optimized routes & homogenous
Truckloads
Integration with 2L Diagnostics Platform
• Scorpion Platform - affordable, scalable,
and accurate SoC / SoH battery
Diagnostics operating at the edge
13

14. 3 Differentiating Features- Battago
"I don't know all the details of my batteries to properly create the shipping
documents"- Auto Recycler
Battery Specifications Database
All shipping costs and dimensions can
be calculated automatically. Includes
250 battery models

15. 3 Differentiating Features- Battago
"I don't know how to ship these batteries since they are
hazardous material" -Auto Repair Shop
Every Document Needed for HAZMAT Shipping
Compliance
We give the user a preformatted bill of lading, UN
3481 placard and packing slip.

16. 3 Differentiating Features- Battago
"I don't know who will ship these batteries since they are going
to a new type of customer" - Auto Repair Shop
Dynamic Freight Booking
We automatically book the best LTL
shipping company for each transaction

17. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Selling Functions – My Postings
17

18. 2022 Titan Advanced Energy Solutions – CONFIDENTIAL – do not distribute
Marketplace item – Scorpion diagnosed
18

19. 2022 Titan Advanced Energy Solutions – Confidential – do not distribute
Call to action
• Webstite: https://www.titanaes.com
• YouTube: Titan Advanced Energy Solutions
• LinkedIn: https://www.linkedin.com/company/titan-aes/
• Battago: https://www.battago.com
• Questions about 2L? edward@titanaes.com
• Questions about Battago? kevin@titanaes.com
We are hiring!!!
Thank you

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Energy
Solutions
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