G6 Materials
, formerly known as Graphene 3d Lab, has announced finalizing the research and development project to develop graphene-based composite materials for marine vessel applications with a private Singaporean company.
G6's Singaporean partner has accepted its final research report and the Company expects to receive a final payment from the Partner of approximately $117,500 US Dollars. During the Project, G6 successfully developed two formulations for graphene-enhanced resins for fiberglass and carbon fiber marine composites.
The new material exhibited 20% less water absorption and the fiberglass composite's fatigue resistance was increased 3-fold, thereby making the service life of the new material longer than other formulations currently used in industry. The developed formulations were subject to extensive testing done in the Company's lab, through third-party performance evaluation of the composite materials as well as via field testing conducted at the Lungteh Shipbulding shipyard.
The finalization of this project concludes a two-year research effort to develop graphene-enhanced marine composites. "We are very happy that this research project has come to a successful conclusion. We have developed materials with superb performance and are eager to start offering them to our customers," said Daniel Stolyarov, President & CEO of G6. "Not only can the marine industry benefit from using these graphene-enhanced formulations, but these materials can also be used for applications in the construction, automotive and green energy industries," added Mr. Stolyarov.
The Company and the Partner are exploring the possibility of building a prototype boat to evaluate the performance of the materials in a real-life environment.