PlanarTECH on its way to its best year ever, gets ready for its second crowdfunding round
UK-based PlanarTECH offers R&D and production-scale equipment and services for all classes of emerging 2D materials and carbon-based materials such as CNTs and CVD diamonds. In 2020 planarTECH launched a successful equity crowdfunding campaign as it aims to expand its business and enter new markets such as industrial CVD graphene production systems and material production.
We have recently talked to the company's CEO, J. Patrick Frantz, who gives us the latest business and technology updates from PlanarTECH.
Q: Can you update us on your latest business activities, with a focus on graphene?
We had a very difficult time during the pandemic, as many companies did. From July 2020 through June 2021 we shipped just one CVD system. However, we started to see a resumption of customer activity towards the end of 2021 as labs reopened and people around the world got back to work. For 2022, we’re seeing a complete recovery and are on our way to the best year we’ve ever had in terms of sales.