Investors

Zeelta Oy (Helsinki, founded 2022) develops spectral photon-counting X-ray technology on its own HR-GaAs:Cr semiconductor. The company produces the sensor material, has validated spectral X-ray prototypes for aviation security and industrial NDT, and is preparing a seed and Series A round.

Market

Market size

X-ray imaging across medical diagnostics, industrial NDT, security, food quality control and science.

TAM

$40B

Total X-ray imaging market

SAM

$3B

Serviceable available market

SOM

$1B

Serviceable obtainable market

Why now

What is already in place

Proven technology

Zeelta Oy produces advanced sensors based on its proprietary HR-GaAs:Cr material.

Validated prototypes

Spectral X-ray system prototypes developed and tested for aviation security and industrial non-destructive testing.

Team expertise

Decades of experience in spectral X-ray systems, from sensing materials to analysis software, with a growing IP portfolio.

Competitive position

Major players spent more than USD 10 billion on CdTe-based spectral X-ray and met its physical and cost limits. Zeelta takes a different material route.

Plans

Targets of the team

Sales of TOP material (HR-GaAs:Cr) to early adopters
Pre-clinical testing and joint research with medical teams to develop new diagnostic methods
Early revenue from spectral systems for early adopter companies
Seed and Series A round of USD 0.25 to 1 million
Licensing of spectral X-ray system technology to X-ray equipment manufacturers
Patent registration
A theoretical and mathematical model of the experimental results, the base for the next generation of material and custom readout chips
Long term: sale of packaged IP to a tier-one player

Materials

The presentation is in English.

Investor presentation: True Color X-ray

Problem, technology, market, competitors, team, targets and the technology appendix: detector comparison, materials landscape and core know-how.

Download PDF, 21 slides, 2.3 MB

Investment enquiries

Email vvv@zeelta.com or call +358 46 890 4791. You can also use the form below with the topic “Investors”.