0.02°
angular resolution at 200m range. Four times the industry standard. On a chip the size of a postage stamp.
PHASOR PHOTONICS
TODAY'S SPINNING LIDAR
• $3,200 per unit
• 72° vertical FoV
• 100m max reliable range
• Moving parts, 3-year MTBF
PHASOR CHIP
• $480 per unit at volume
• 120° vertical FoV
• 200m range, 0.02° resolution
• Solid-state, 10-year MTBF
$3.1B
addressable lidar-sensor spend in autonomous logistics by 2027
$1.2B
Warehouse AMR fleets
$1.1B
Port yard trucks
$0.8B
Airport cargo tugs
IP Wall
11
Patents Granted
7 U.S., 4 EU
4
Continuations Filed
Q1 2024
$2.4M
DARPA SBIR Phase II
Award granted 2023
TSMC
Tape-out Complete
28nm process
94%
First-run Yield
Q1 2024 production
2027
Exclusive Fab Agreement
TSMC Advanced Packaging
Manufacturing Readiness
Q3 2023
DARPA Validation Complete
Performance specs validated under Phase II SBIR program
Q1 2024
TSMC Tape-out + 94% Yield
First production run demonstrates commercial viability
Q3 2024
Pilot Production 5,000 Units
Funded by this Series A round
Q2 2025
Volume Ramp 50K Units/Yr
Post design-win achievement
Commercial Traction
Customer Units/Yr Revenue/Yr Start
Axiom Robotics 10,000 $4.8M Q3 2024
Portside Systems 6,000 $2.9M Q4 2024
2 OEM Integrators — — Eval + NDA
Both LOIs include co-development agreements and 2-year volume commitments.
Competitive Moat
Phasor outperforms on 5 of 6 critical dimensions
Gross Margin Path
"Chipmakers at scale operate at 65%+ GM; we reach that at 20K units."
LN
HC
CS
Team
Dr. Leila Nasseri, CEO
PhD MIT Photonics. Ex-Waymo lidar hardware lead, shipped 3 generations of L4 sensor arrays. 8 patents in silicon photonics.
Dr. Hyun-Soo Cho, CTO
IBM Research silicon photonics 2012–2021. 19 patents. Led development of photonic integration at 28nm node.
Caleb Stein, VP Business Development
Ex-Velodyne commercial partnerships. Built $120M design-win pipeline across automotive and industrial segments.
Risk Mitigation
High Likelihood → ← High Impact Fab Yield Mitigated: TSMC Customer Integration Mitigated: LOI + co-dev Competitor Chipset Mitigated: 11-patent wall Cost Overrun Mitigated: DARPA cushion
3-Year Financial Model
Year Revenue Gross Margin EBITDA Milestone
2024 $0 — -$14.4M Production ramp
2025 $7.7M 61% -$1.2M Break-even Q4
2026 $24.0M 71% +$6.2M EBITDA positive
Assumes pilot production Q3 2024, first customer shipments Q4 2024, volume ramp through 2025.
Lead our $18M Series A
Close target Q3 2024 • Strategic investors welcome
55%
Fab Ramp
25%
Engineering
20%
Business Dev
Dr. Leila Nasseri, CEO
leila@phasorphotonics.com