Applied Graphene Materials reported its financial results earlier this year (revenues of £97,000 and a net loss of £4.3 million), and the company recently released its annual report which discloses some interesting facts and updates from the year.
In FY2017 (which ended in July 2017), AGM shipped over 230 Kg of graphene dispersions to customers - almost double what it shipped in FY2016. The company's pipeline grew "notably" and it supplied over 200 samples to potential customers. AGM also says that an increasing number of companies are moving towards production - most notable Airbus.
AGM reports that together with Airbus it has developed a lightweight adhesive which is now in the the final stages of approval for use in satellites.
Posted: Jan 02,2018 by Ron Mertens