Moving SBIR to Market Anthony Mulligan, CEO Hydronalix National SBIR STTR Conference Wednesday June 17, :15-10:15 PM

Hydronalix Case – Past: Advanced Ceramics Research (now Raytheon Systems) – Past: Advanced Ceramics Manufacturing, LLC – Hydronalix Based on lessons learned from previous entities Focused effort – i.e. - if I could do it again… 2

What is Reward to Move SBIR to Market? Going into Phase III Sales Can have a large reward – Takes longer and is harder – Always leads to more and bigger opportunities than you would have expected – Allows you to have more control over technology over much longer duration – Easier to win more and better programs growing your technology base faster 3

Our Case Started with One SBIR Phase I Several Phase III programs during Phase I -about $1.2 million Government, Commercial, and Export sales during lag period between Phase I and Phase II – about $800K Another $2.5 million in Phase IIIs during Phase II 4

SMALL USV Platforms COMPANY PROPRIETARY INFORMATION

End 6