$365,875 Raised
NDB
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NDB
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Raised
$365,875
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Business Description
NDB’s mission is to create and implement secure, cost-effective, and commercially competitive nuclear energy systems, including the necessary hardware, fuel, execution, and operational know-how.
Like solar cells, the Nano Diamond Battery produces power by harnessing the radiation released during radioactive decay instead of sunlight.
NDB is a viable climate-independent renewable energy option.
Problem
The NDB will be able to address the energy crisis and climate change, two of the most pressing issues of our time.
The energy crisis is a global issue that significantly impacts individuals and businesses. In the past few months, the prices of utilities and fuel have gone through the roof. This has resulted in global inflation, a recession, and significant damage to the stock market.
Finding a solution to the problem of climate change is significant for the whole world. Due to the limited availability of energy resources, the recent switch to coal energy has made this problem even more dangerous.
Renewable energy and other alternatives fall short of meeting the world’s ever-increasing energy needs because they rely on the climate.
At the moment, nearly no battery technology possesses the potential to perpetuate typical power applications during the devices’ lifetimes, much less do so in an environmentally friendly manner.
NDB is a perpetual and efficient energy source that will meet growing demand while remaining sustainable and environmentally friendly throughout the device’s lifetime.
When given a choice between an NDB-powered device that does not require charging and a Li-ion-powered device that does, the consumer will opt for the NDB-powered solution for obvious reasons.
NDB-powered devices are safer and more efficient than typical battery-powered ones because they don’t need to be charged or refueled and come in tamper-proof packaging.
If current batteries are replaced with NDB, fewer resources will be used to make them, and less greenhouse gas will be released when they are thrown away.
During the production phase, the company will also focus on using technologies to reduce the use of fossil fuels, materials, and machines that are bad for the environment.
Decarbonization is something that we take into consideration.
Solution
NDB can be used in almost any battery-powered electric device because it is modular, scalable from chipsets to industrial applications, and cost-effective.
Devices that run on NDB don’t need to be charged because NDB keeps making electricity for as long as the device works. In contrast, Li-ion batteries in smartphones may lose their charge after a day.
People who use NDB-powered devices won’t need dozens of different cables and won’t have to worry about their devices running out of power.
Business Model
It is anticipated that revenue will come from a variety of markets.
(1) Market for batteries;
(2) Market for microreactors;
(3) Market for nuclear waste recycling;
(3) Market for utility infrastructure;
(3) Licensing and royalties;
(4) Service and consulting.
NDB will be a major player in the battery business because our technology has the potential to be used in almost any product that needs a battery, such as the Internet of Things, space electronics, medical devices, and aviation.
#NDB introduces Curio – its new strategic #partner.
Read the article to know more about how two companies are going to fight the #nuclear waste problem.
Curio Welcomes NDB as a Customer in Using Recycled Nuclear Waste to Power Advanced Batteries https://t.co/laml4CSBWw
— NDB (@ndbtechnology) July 28, 2022
Concerning recycling revenue, nuclear waste is the NDB’s raw material. Recently, it was estimated that the cost of storing nuclear waste around the world would be $100 billion per year. NDB hopes to profit from this trend by expanding into the recycling industry.
Market Projection
Increased energy consumption directly results from technological progress brought about by the proliferation of microprocessors and transistors.
Battery technology evolved to tackle these problems and is now worth $92 billion.
The already enormous battery market is expected to rise due to a higher number of battery-dependent devices. Smartphones, LCDs, tablets, and fitness bands are becoming more popular, which is expected to increase demand for lithium-ion batteries over the next few years. Growth in these areas is expected to propel the battery market’s growth.
High power intends a fixed installation, so we might be able to think of something like a street or a small village.
– Professor Sir Michael Pepper, Chief Technology Officer
NDB Inc.
The market is also expected to see technological progress, such as new products, better efficiency, and lower costs.
By 2025, the global nuclear energy industry, in which NDB Volta could play a part, is expected to be worth USD 49 billion.
The considerable increase in revenue and the sizable profit margins are the primary factors contributing to the company’s discounted cash flow valuation.
It is anticipated that there will be a constant rise in revenues.
NDB Inc. is revolutionising the way we think about energy storage and generation.
As a winner of the Thinking Critical South Australia challenge, NDB Inc. is leading the way in innovative solutions for the semiconductor, energy, and battery industries: https://t.co/MEKKDTQob7 pic.twitter.com/t6wEq3mPTl
— Unearthed (@Unearthed_S) January 9, 2023
NDB may be helpful in a diverse variety of applications. Thus, expanding the business into new areas drives revenue growth.
NBD may move into several new markets every year. The business’s move into these new markets is expected to be a big step forward, leading to a sharp rise in both the number of employees and the revenue.
Our product lines are made for industries that use regular batteries as a power source or for companies that provide power to other businesses.
Space: The need for long-lasting power sources has given our products a great market. Since NDB’s proposed energy solutions don’t depend on external conditions, they can be used for satellites and other space electronics.
Defense: Most defense systems use miniature batteries to power the sensors embedded within them. They need to be monitored and replaced once it is discharged. Replacing them with NDB would be beneficial in cutting the maintenance costs of the systems.
Aviation: The aviation industry uses many sensors. These sensors consume little energy, but they must be consistent and reliable. NDB can play a role in powering applications in the aviation industry.
Internet of Things: IoT devices are either powered by batteries that need to be replaced once they are completely discharged, or they need to be connected to the electrical grid. NDB may transform them into remote devices.
Health: NDB may power invasive medical devices like pacemakers and non-invasive ones like hearing aids, so patients don’t have to constantly charge their devices. Exoskeletons and bionic prostheses are two further examples, besides intrusive devices.
Consumer electronics: NDB may open up new possibilities in the consumer electronics market because they can give devices like cell phones, laptops, and more a longer charge life.
Remote workstations: NDB, particularly its Volta product line, can power remote places that aren’t connected to the power grid.
Data centers: Data centers are becoming the most energy-consuming structures, and the demand will increase exponentially. As a result, a stable energy supply is required. NDB, particularly its Volta product line, has an excellent opportunity to be the source.
Industrial or residential power generation: One of the cities’ extensive causes of high population density is access to electricity. Living off the grid may disperse the population density worldwide. NDB, particularly its Volta product line, can help in achieving this.
Competition
The battery and energy industries are subject to rapid and intense technological and regulatory changes.
We face and will continue to face competition in the development and marketing of our products and services from energy companies, research institutions, government agencies, and academic institutions.
NDB’s innovative battery approach will provide stable power capturing the energy released through the decay of radioactive material. South Australia is a leading center for innovation, startups and R&D in the green energy and critical mineral supply chain.
Attracting NDB to work with our best and brightest and join this driving ecosystem is something we very much look forward to.
– Alex Blood, Executive director, Mineral Resources Department for Energy and Mining
Government of South Australia
Our ability to obtain and maintain a competitive position in these markets will depend on the level of competition in the markets in which we operate, other battery development technologies, and environmentally friendly production processes.
NDB currently has several competitors in the battery industry, many with proprietary technology.
Competitors will include startups and manufacturers of Li-ion batteries and fossil fuel-based technologies. NDB can outcompete them through the technological advances that it strives to achieve.
In theory, the charge density of our product is what sets it apart from other batteries and energy technologies. The ability of the NDB Cell to generate power throughout its lifetime differentiates it from conventional batteries.
For example, Li-ion batteries may run out of charge in smartphones after a day. NDB, on the other hand, is a perpetual battery solution during the device’s lifetime.
The position of the NDB on environmental sustainability is essential. The fast growth of NDB may be a good sign that the company has the potential to become a leader in its field.
Welcome to the Pledge! We’re so glad to have you on board.
— The Climate Pledge (@climatepledge) October 29, 2021
NDB requires more in-depth knowledge of its base material for the transducer compared to the current Li-ion workaround. There are fewer talents capable of developing it.
Also, this technology was made possible by the improvement of nanofabrication techniques that were not available before, such as chemical vapor deposition and metallization.
Li-ion is made from a toxic base material and has many problems that people don’t have with fossil fuels, like short battery life. In other words, consumers are forced to go backward regarding convenience and capability.
Disclaimer: The information contained in the diagram below does not suggest or imply and should not be construed, in any manner, as a guarantee of future performance. All pictures and diagrams shown are for illustration purposes only. The actual product varies.
Traction & Customers
Because the NDB has the potential to be a new, sustainable energy source, some of the best research institutions and companies in the world have expressed their interest in helping bridge the gap between the prototype and the finished product.
NDB became the grand winner of the Orano International Startup Call for providing the most innovative and practical energy solution out of 8,000 competitors from all around the world. As a result, NDB was granted a highly selective accreditation from Orano (formerly Areva), a French nuclear power giant.
A #nuclearwaste battery that never runs out?
Celebrating #NationalBatteryDay, we’re proud supporters of @ndbtechnology‘s Diamond Nuclear Voltaic battery converting #radiation to electricity. #itsonlywasteifyouwasteit https://t.co/BpJ4WRfDGI https://t.co/K4LKO3K14s— Orano U.S. (@Orano_usa) February 18, 2021
In 2020, NDB joined the Alchemist Accelerator because it has helped grow companies like Skype, Tesla, and Baidu that have changed the game. NDB was selected as one of the top candidates among 800+ applicants.
NDB became part of Polihub in Italy to expand its activities in Europe. The UBI Index 2019–2020 says that PoliHub is one of the top five university incubators in the world. Its primary focus areas are the automotive industry, aerospace, and medical applications. Polihub is the ideal place to grow innovative ideas into high-profile businesses in technology.
NDB was recently recognized by the government of South Australia and won the Thinking Critical South Australia challenge as a possible solution to the world’s energy problem. As a winner, the company’s expansion to South Australia is supported by several organizations, such as the Government of South Australia, the Department for Energy and Mining, the Department for Trade and Investment, the University of Adelaide, and the University of South Australia.
Nano Diamond Battery (NDB) was selected as the energy/energy technology business of 2022 by the International Trade Council. The Go Global Award is given to companies, organizations, and individuals who, despite difficult circumstances, are committed to innovation and perseverance.
Investors
We have raised $1,646,832 from previous offerings and now have 83 existing shareholders, including Alchemist Accelerator.
I’ve invested in a number of startup companies that are developing products to improve the world. The people at NDB are working to not just improve but literally transform the world for everyone.
Bringing any new technology to market involves risk and the Nano Diamond Battery is no different, but the benefits to humanity itself will be enormous if successful. So far, everyone I have interacted with at NDB Inc. has imparted confidence that they have the vision, have the realism, and have the determination to bring this to market.
As one of their earliest investors I look forward to their continuing progress. If successful, NDB won’t be compared as the next Google, Uber, Facebook, or Airbnb but rather as the next fire or wheel.
– Brent W. Weeks from Seattle WA
The Nuclear Diamond Battery is a paradigm shifting product that will change all of our lives!
-Frederick Dembowski from Florida
This product will be revolutionary. I think NDB will write an important page in the history of technology, and I am proud of being a word in that page.
– Davide Brunesso from Italy
NDB has the potential to revolutionize the battery industry and to turn the rather hazardous nuclear fuel waste handling into a safe circular economy.
Nano diamond batteries can make the annoying and time consuming need for charging a thing of the past for a lot of the small hand-held devices and appliances we use in our daily life as well as the sometimes cumbersome and “potential-source-of-failure” power cable requirement for critical and remote sensing devices used in many industries.
Not only as a proud investor but also as a consumer, I can’t really wait to see the first NDB products on the market.
– Safak Okay Barutcu from Dubai
Use of the proceeds
Th figures below are estimates and may change due to strategic, economic, and/or other factors.
Terms
The minimum amount the Company is trying to raise in this offering, our “target amount”, is $10,000 of Preferred Class A Shares at $6.25 per share.
If we have not raised at least the target amount by June 30th, 2023, our “offering deadline” – then we will terminate the offering and return all the money to investors.
Investments made by our principals and affiliates will count toward reaching the target amount.
If we do raise the target amount by the offering deadline then we will take the money raised and begin to use it. We will also continue trying to raise money up to our $5,000,000 maximum.
Risks
Please be sure to read and review the Offering Statement. A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment.
In making an investment decision, investors must rely on their examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature.
These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Neither PicMii Crowdfunding nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Security Type:
Equity Security
Price Per Share
$6.25
Shares For Sale
800,000
Post Money Valuation:
201,464,625 USD
Investment Bonuses!
Invest $5,000+
Can get 5% more shares than those they buy
Invest $10,000+
Can get 10% more shares than those they buy
Existing shareholders
43% Bonus shares up to 340,400 shares.
Regulatory Exemption:
Regulation Crowdfunding – Section 4(a)(6)
Deadline:
May 1, 2023
Minimum Investment Amount:
$625
Target Offering Range:
$10,000-$5,000,000
*If the sum of the investment commitments does not equal or exceed the minimum offering amount at the offering deadline, no securities will be sold and investment commitments will be cancelled returned to investors.
Dr. Nima Golsharifi
CEO
BackgroundDr. Nima Golsharifi is a serial entrepreneur who has consistently transferred his leadership skills to grow companies by implementing fresh ideas since the age of 17. His expertise in nanotechnology, specifically energy storage devices, diamond electronics, and semiconductors, led to several publications and presentations at various international symposiums and conferences. As a technical leader, he worked on projects such as Lockheed’s energy storage program, among others, during his career. Dr. Nima Golsharifi understands what it takes to lead and build critical deep-technology products. Have three patent applications for original Intellectual property contributions and received 17+ citations to his scholarly publications.
Prof. Sir Michael Pepper
CTO
BackgroundSir Prof. Michael Pepper is a physicist notable for his work in semiconductor nanostructures. He was one of three authors on the paper that eventually brought a Nobel prize for the quantum Hall effect to Klaus von Klitzing. Sir Michael formed the Semiconductor Physics research group at the Cavendish Laboratory in 1984, and was appointed as Professorship of Physics. In 1991, he was appointed managing director of the newly established Toshiba Cambridge Research Centre. In 2001, he was appointed Scientific Director of TeraView. He became the Pender Chair of Nanoelectronics at UCL in 2009. He was sitting on the Scientific Advisory Committee of Australia’s ARC Centre of Excellence in Future Low-Energy Electronics Technologies.
Giorgi Gogokhia
COO
BackgroundMr. Giorgi Gogokhia brings with him a wealth of knowledge in both law and management from his previous roles. He is an excellent communicator, a strong leader, and a goal-oriented businessman who can keep vital operations running smoothly, develop innovative methods, and oversee all aspects of day-to-day operations. Hence, it is no surprise that his exceptional demeanor gained him a solid reputation among team members. Giorgi graduated from top-tier law schools, where he earned a double master’s degree in law. Over the years, Giorgi has traveled the world for both management workshops and conferences. He also had the chance to gain actual working experience through his previous management roles. Giorgi is skilled in management, IP law, corporate law, and contracts. Strong leadership, organizational, and managerial skills were honed when he led multiple projects for the ORB conglomerate in the fields of software development and the medical sector. Giorgi has established legal knowledge, professional abilities, and a capacity for critical thinking.
Dr. Toktam Nezakati
BDA
BackgroundDr. Toktam Nezakati is a Silicon Valley-based researcher and executive. As business development advisor at NDB, she utilizes her interdisciplinary skills in bridging technology and business. Toktam was a researcher at Stanford, a hardware Scientist at NASA’s Ames Research, and an engineer at Google. Dr. Nezakati, in addition to her hardware R&D skills, is also enthusiastic about AI and ML for business, fintech, biotech, satellite, and aerospace technology. Dr. Nezakati holds several publications and patents.