G6 Materials, formerly known as Graphene 3D Lab, Inc was spun-off Graphene Labs in November 2013 to focus on development of high-performance graphene-enhanced materials for 3D printing.
Graphene 3D Lab is a public company, trading in the Canadian stock exchange (TSX:GGG, OTC: GPHBF) following a reverse-merger with Matnic Resources in August 2014. Lomiko Metals is a stakeholder in the company. In 2015 Graphene 3D Labs acquired its former parent company Graphene Labs.
In September 2014, we posted an interview with the company's founder and COO, Dr. Elena Polyakova.
The latest Graphene 3D Lab news:
G6 Materials (Formerly called Graphene 3D Lab) has announced its financial results for the second quarter of the fiscal year ending November 30, 2020. Revenues for the quarter were just over $500k, up from $150k from last year. Net loss amounted to $321k (down from $343 from last year).
G6M says that the sharp increase (383%) in revenues in the company's latest reported six months was primarily due to strong customer demand for the Company’s air purification products and a one-time payment as per the terms of a license and option agreement.
The Coronavirus pandemic has been having a significant impact on the graphene market and industry. Even before the pandemic, graphene has already received much attention due to promising antimicrobial properties and demonstrated antiviral efficacy. However, there is no denying the recent urgency to put these traits to good use in combating the Coronavirus.
More than a few companies have launched graphene-enhanced textiles, inks and coatings, incorporated into personal protective gear (face masks, gloves etc.), and applications like air filters and room cleansers have been developed.
G6 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.
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.
G6 Materials (formerly Graphene 3D Lab) has announced that it has closed a non-brokered private placement to raise aggregate proceeds of around $1,001,000.
The Company intends to use the proceeds of the private placement to fund the design, development and marketing of the new graphene enhanced air filtration system and for general working capital purposes.