G6 Materials reports its latest financial results

G6 Materials has published its financial results for the quarter that ended on November 30, 2021. Revenues reached $320,000 (a 6% decrease from the last quarter), while the net loss decreased by 7% to $610,000.

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G6M updates that it has recently secured an exclusive five-year supply agreement with an EU-based global microconnector company. G6 shall supply its products for a variety of smartcard applications. The company's subsidiary Graphene Laboratories had also recently entered into a Testing Services Agreement with the U.S. Army Engineer Research & Development Center to assess the ability of graphene oxide materials to solve environmental challenges through the adsorptive removal of contaminants.

Posted: Jan 31,2022 by Ron Mertens