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Jun 17, 2013

XG Sciences logoXG Sciences, one of the few companies in the world that offer xGnPs (Graphene Nanoplatelets, short stacks of graphene sheets made through a proprietary manufacturing process), say they have over 600 customers - in the automotive, electronics, battery and aerospace industries. The most active companies are Asian electronics and battery makers.

The company says they generated $4 million in revenue in 2012. Not all of this are product sales (for example they have a license agreement with Cabot Corporation, signed in 2011) - but it's still impressive considering that Lux Research estimates that the entire graphene market was just $9 million in 2012.



XG Sciences hopes to grow their business and reach $100 million in sales within five years.

Source: 
Graphene Batteries market report