Ann: Deakin ManuFutures Expansion Benefits Li-S Energy, page-112

5.10 Target Timeframes
Short term
Year 1
During Year 1, the Company intends to focus its activities on optimising the single and multi-layer Li-S Energy Batteries
to further improve capacity and cycle life. The intention is to then retrofit these batteries into one or more products (e.g.
drones), with the aim of demonstrating the practical benefits of Li-S Energy Batteries over conventional lithium-ion.
In addition, the Company intends to commence construction of a pilot Li-S Energy Battery production plant, with the aim of
increasing the number, capacity and consistency of test Li-S Energy Batteries that can be produced.
The Company plans to continue to engage in partner development with a view to entering into collaboration agreements
with one or more product OEMs to test Li-S Energy Batteries in their products.
The Company will commence additional projects, building on existing Deakin research, focusing on 3D printed batteries,
flexible form batteries and solid-state batteries.
The Company also plans to progress its research and development and testing on Li-Nanomesh to establish the extent to
which it can be designed to prevent dendrites on metal anodes.

Year 2
During Year 2, the Company will be building on the outcomes of Year 1.
In particular, it intends to complete its Li-S Energy Battery pilot production plant to produce Li-S Energy Batteries in sufficient
quantities to test larger drones, EVs and other devices.
The Company also intends to engage additional product OEMs with the aim of increasing the number of collaboration
agreements and expanding the range of product categories covered. Through product OEM collaboration, the Company
intends to seek discussions with one or more battery manufacturers in relation to manufacturing Li-S Energy Batteries.
The Company intends to continue progressing its Li-Nanomesh research and development with the aim of demonstrating
dendrite reduction on a range of metal anodes, potentially including lithium, aluminium, sodium and potassium. If results
prove its effectiveness, discussions will be sought with manufacturers in the broader battery market where Li-Nanomesh
has the potential to be licensed and sold.
The Company expects to continue with its Development Program projects on 3D printed batteries, solid-state Batteries
and flexible form Li-S Energy Batteries provided suitable results are obtained. If the research and development proves
successful, the Company intends to construct battery cells that can demonstrate these features.
Year 3 and beyond
During Year 3 and subsequent years, the Company intends to focus on engaging with product OEMs and battery
manufacturers with the aim of entering into agreements to licence Li-S Energy intellectual property, and to secure ongoing
supply contracts for BNNT and Li-Nanomesh with Li-S Energy’s customers for the production of Li-S Energy Batteries.
The Company also intends to supply intellectual property and consulting advice on the modification of lithium-ion battery
production lines to suit the production of Li-S Energy Batteries.
The Company aims to increase its business development and partner development activities to drive commercial outcomes
from its intellectual property and customer facing distribution agreements. It also intends to leverage any successful research
and development outcomes in solid-state, flexible form and 3D printed batteries by engaging product OEMs with products
that could derive a competitive advantage from these battery constructions.
The Company intends to continue to conduct research and development and further develop its intellectual property based
on the outcomes of Year 1 and Year 2 projects, feedback from collaboration partners and suitable new opportunities as
they arise.