The UK-based Applied Graphene Materials announced that its performance in the 2015 financial year (which ended on July 31) was slightly ahead of company expectations.
AGM significantly broadened its pipeline of identified collaboration opportunities, and provided over 120 evaluation samples to customers in more than 20 countries. The growth in opportunities seems to be accelerating as the evaluation quantities provided in the Q4 was higher than in the previous nine months combined.
AGM recently reported positive preliminary findings following independent performance testing on graphene-enhanced base oils produced by BfB Oil Research in Belgium. AGM also reported promising initial testing results on graphene-reinforced polyurethane coatings.