DUG Technology (DUG) Investor Presentation summary

Company overview and history

• Provides innovative processing and storage solutions leveraging big data, with expertise in software and high performance computing (HPC).

• Founded in 2003 in Western Australia, now with offices in Perth, London, Houston, Kuala Lumpur, Abu Dhabi, and India.

• Operates over 45 petaflops of compute power and 52 petabytes of storage, with a workforce of 250+ employees.

• Listed on the ASX in 2020, with a record financial performance in 2023 and recent global expansion.

• Holds a significant patent portfolio and is led by experienced co-founders and a diverse board.

Technology and solutions

• Specializes in HPC environments, offering integrated hardware, software, and patented immersion cooling technology (DUG Cool).

• Delivers services including seismic data processing, geoscience, data science, and management.

• Offers proprietary Multi-Parameter Full Waveform Inversion (MP-FWI) imaging, providing rapid, superior results over conventional workflows.

• Designs, owns, and operates some of the largest and greenest supercomputers globally.

• Provides mobile, modular data centre solutions (DUG Nomad) for flexible, sustainable HPC deployment.

Market presence and client relationships

• Primary revenue driver is the oil & gas sector, with growing demand from enterprise, national security, and space industries.

• Established deep, long-term relationships with major clients; top 10 clients account for 41% of revenue.

• Expanding into education, research, and applied science sectors by leveraging HPC and data expertise.

• Global network includes major HPC locations in Perth, Houston, Kuala Lumpur, London, and Abu Dhabi.