Smoltek (SMOL) AGM 2026 presentation summary

Investment highlights

• Strong macro drivers in main markets support timing for industrialization.

• Proprietary, patented nanotechnology platform with proven effectiveness.

• Experienced team with deep industrialization know-how.

• Major upside in two business areas: semiconductors and hydrogen.

• Opportunities to expand technology to new applications and markets.

Technology and solutions

• Carbon nanofiber platform enables ultra-thin, high-performance capacitors and advanced hydrogen electrodes.

• CNF-MIM capacitors address power integrity and miniaturization challenges in AI, HPC, and RF electronics.

• PTE electrodes for PEM electrolyzers reduce precious metal use and production costs.

• CNF-ASC coating technology offers 95% iridium reduction and 2-3x higher current density.

• 97 granted patents in 21 families protect core and application-level innovations.

Market opportunities and strategy

• Semiconductor TAM for ultra-thin capacitors estimated at $4B by 2026, growing to $6B by 2030.

• Hydrogen PTE electrolyzer market projected at 33 GW by 2030, valued at €1.5B.

• Initial market entry in RF and optoelectronics for capacitors; PTE electrolyzer and BPP for hydrogen.

• Fabless business model leverages licensing, services, and royalties for scalability.

• Industrial partnerships and ongoing projects with major players like Heraeus.