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Spero Energy Inc. Pioneering a Greener Future. Team Spero. Mahdi Abu-Omar, Ph.D. - Founder and President. Basudeb, Saha, Ph.D. - Chief Technical Officer. Trenton Parsell , Ph.D. – Sr. Scientist. Ian Klein - Scientist . Barron Hewetson - Scientist. Advisors to Team Spero.
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Team Spero Mahdi Abu-Omar, Ph.D. - Founder and President Basudeb, Saha, Ph.D. - Chief Technical Officer Trenton Parsell, Ph.D. – Sr. Scientist Ian Klein - Scientist Barron Hewetson - Scientist
Advisors to Team Spero Tim Peoples, Ph.D. • 18 years agricultural product and business development, Cyanamid • Entrepreneur in Residence, Purdue Foundry Nathan S. Mosier, Ph.D. • Scale-up • Bio-process engineering Tony Hamer, Ph.D. • 40 years industrial chemical production SBIR Grant • Phase 1 TRASK • Purdue Research Foundation Team Achievements
Wasted Carbon Value LIGNIN CARBOHYDRATES Biomass2energy.com aerovent.com
Technology Overview Process Cellulose • Paper • Ethanol High Value Chemicals
Business Opportunity DHE/Isoeugenol/ Eugenol $443 M DMP $375 M Vanillin $300 M
Spero Competitive Edge Competitors: • Shijiazhuang Sdyano Fine Chemical Co., Ltd • Suzhou Yacoo Corporation • Indesso
Spero Timeline Year 3 Year 4 Year 2 Year 1 Year 0
Summary • High value from waste • Competitive product • Strong pipeline • Excellent Team • Scientific and business experience • Seeking marketing team
Competitive Edge • Low input costs • Advantaged sourced feedstocks • Estimated DHE production by Spero = $7.5/kg • Competitors limited to expensive feedstock • Competitors DHE feedstock ~ $23/kg