G6 Materials reports 1Q21 financial results

G6 Materials logo imageG6 Materials (Formerly called Graphene 3D Lab) has announced its unaudited financial results for the first quarter of the fiscal year ending August 31, 2020.

In its report, G6 Materials shared that revenue for the first quarter reached a record level of $1,169,426, which is a 188% increase from the $406,684 reported for the fourth quarter of 2020 and a 497% increase from the $195,928 reported for the same period of the prior year, which was primarily due to strong customer demand for the Company's air purification products and the receipt of a one-time payment as per the terms of a license and option agreement.

First Graphene to work with TRP2 on commercialization of fire-retardant graphene-based coating

First Graphene (FGR) has announced that it has agreed with TPR2 and its Australian distributor Exfire to work on the commercialization of a fire retardant coating utilizing FGR’s PureGRAPH.

FGR to Work with TPR2 to Progress Fire Retardant Coatings image

First Graphene holds the global licensing rights to a graphene-based fire-retardant coating from the University of Adelaide (UoA). Development of the FireStop product has been conducted over a three-year period in collaboration with the UoA, as part of the Company’s participation as a Tier-1 member of the ARC Research Hub for Graphene Enabled Industry Transformation. Patents have progressed to National Phase and are in the examination phase in Australia, Europe and the United States of America.