1414 3 Dec 4, 2018 ALLCorporate MilestoneDevelopment & Engineering MilestoneFinancial MilestonePatent Milestone 2008 2008 - Silicon Thermal Energy Storage concept arose Jan 2017 Jan 2017 - First seed round as a public company. 10c raise valuing the company at just over $8.5m Dec 2016 Dec 2016 - The Company became public after exceeding 50 shareholders Dec 2016 Dec 2016 - Company rebranded to 1414 Degrees Sep 2016 Sep 2016 - TESS Demonstrator operational, storing and discharging Jun 2016 Jun 2016 - Dr Kevin Moriarty appointed Executive Chairman Jul 2016 Jul 2016 - Patent granted in Australia for original TESS design with a priority date of 14 August 2009 Aug 2015 Aug 2015 - Workshop set up at Tonsley Innovation District with assistance from the South Australian Government Jul 2015 Jul 2015 - Patent granted in China for original TESS design with a priority date of 14 August 2009 Jun 2015 Jun 2015 - Patent granted in USA for original TESS design with a priority date of 14 August 2009 May 2015 May 2015 - $440K AusIndustry funding agreement to build the TESS prototype (funds matched by Company) Jun 2014 Jun 2014 - Company rebranded to Latent Heat Solutions Pty Ltd (LHS) Oct 2013 Oct 2013 - Patent granted in NZ for original TESS design with a priority date of 14 August 2009 Jan 2012 Jan 2012 - Commenced sponsorship of final year Mechanical Engineering students at the University of Adelaide Jun 2011 Jun 2011 - ammjohn engaged to develop the concept Aug 2010 Aug 2010 - Patent filed for original TESS design with a priority date 14 August 2009 (pending in EU and India) Nov 2017 Nov 2017 - Vision for grid scale storage defined Jan 2009 Jan 2009 - Gnomon Technologies Pty Ltd founded to develop and commercialise thermal energy storage concept May 2017 May 2017 - $560K AusIndustry grant to build TESS commercial demonstrator Jul 2017 Jul 2017 - Head Office moved to Flinders St, Adelaide, South Australia Aug 2017 Aug 2017 - Second seed round as a public company. 15c raise valuing the company at just over $17m Sep 2017 Sep 2017 - Workshop moved to Southlink Industrial Park, South Australia Sep 2017 Sep 2017 - Executed SA Water Term Sheet and MOU for GAS-TESS installation at Glenelg Wastewater Treatment Plant Nov 2017 Nov 2017 - $1.6m grant from the Renewable Technology Fund from South Australian Government for SA Water GAS-TESS Project Jan 2018 Jan 2018 - Third, fourth and fifth seed rounds as a public company. 20c – 28c raises valuing the company at just over $30m Mar 2018 Mar 2018 - Patent filed for current design of TESS-IND with a priority date of 23 March 2017 Apr 2018 Apr 2018 - Executed two separate agreements to install pilot TESS in two commercial industry sites Aug 2018 Aug 2018 - Initial Public Offering (IPO) Closed, 35c raise of $16.3m valuing the company at just over $60m Aug 2018 Aug 2018 - Power on! Successfully ran the turbine, generating electricity for the first time using hot air from the TESS-IND Sep 2018 Sep 2018 - Listed on Australian Securities Exchange (ASX:14D) Sep 2018 Sep 2018 - Provisional patent application filed for current design of GAS-TESS with a priority date of 21 September 2018 Oct 2018 Oct 2018 - SA Water Project development agreement (PDA) executed and contractors engaged Oct 2018 Oct 2018 - AGM at Southlink and tour of the workshop with the prototype and TESS-IND in operation Dec 2018 Dec 2018 - Installation of GAS-TESS commences at SA Water Glenelg Wastewater Treatment Plant Jul 2018 Jul 2018 - Engineering update Feb 2018 Feb 2018 - Steel shell arrives as commissioning of TESS-IND commences at Southlink Jan 2019 Jan 2019 - GAS-TESS has arrived on site at SA Water Jan 2019 Jan 2019 - TESS-IND commissioning results verified by Bureau Veritas April 2019 April 2019 - GAS-TESS installation completed and commissioning commenced May 2019 May 2019 - GAS-TESS takes on biogas from SA Water May 2019 May 2019 - GAS-TESS commissioning complete July 2019 July 2019 - GAS-TESS now an embedded generator on NEM Dec 2019 Dec 2019 - 14D closes deal on Aurora Project July 2020 July 2020 - 14D Board Changes Sept 2020 Sept 2020 - 14D Announces Share Purchase Plan Oct 2020 Oct 2020 - Share Purchase Plan Closes Over Target Dec 2020 Dec 2020 - New Managing Director Appointment Dec 2020 Dec 2020 - New Director Appointed