Graphene 3D Lab announced that it will be acquiring all of the issued and outstanding shares of Graphene Laboratories, their former parent company. Graphene Laboratories was originally with aims of developing graphene into a multi-use material suitable for a wide variety of applications.
Graphene 3D Lab will thus acquire an extensive existing client base and profitable retail operation that they will continue to run, and will also hold the provisional patent for a low-energy, chemical-free graphene manufacturing process. This will join the four US patent applications that Graphene 3D Lab currently has pending for its graphene technology.
Graphene Laboratories had already begun planning for a two-phased program to develop their patented manufacturing process from a working prototype into a large-scale manufacturing operation, and Graphene 3D Lab is expected to continue that program.