G6 Materials has announced the results of an antimicrobial efficacy test on a prototype of its proprietary graphene-based air purifier, conducted by a US-based microbiological laboratory of The Intertek Group. The test reportedly showed that the concentration of pathogenic microorganisms present in the testing chamber was reduced by 99.9% over the duration of the experiment.

Two different pathogens were randomly chosen to be tested under each experiment, which were the E. coli bacteria and the Phi-X174 bacteriophage. The duration of the test was set to two hours.

G6 Materials (Formerly called Graphene 3D Lab) announced its financial results for Q1 2021, with revenues of $263,425 CAD and a net loss of $321,152.

Looking back at the last nine-month period (ended February 28, 2021), G6's revenues were $1.94 million CAD, up 276% from $515,930 in the prior year. The increase in revenues was attributed to consulting services provided to third-party clients, the ongoing sale of 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 has announced that it has closed its non-brokered equity financing previously announced on March 2021. The Company reported that unit offering increased due to "strong investor demand" - from the CAD$5 million initial target, to the final closing of CAD$5.4 Million (around USD$4.29 million).

The closing of this Offering is a significant milestone for G6 Materials as it not only funds our Company for future growth, but it also empowers us to complete the previously announced acquisition of GX Technologies, said Daniel Stolyarov, President & CEO of G6 Materials Corp.

G6 Materials (Formerly called Graphene 3D Lab) has made plans to raise $5 million CAD via a non-brokered offering. The company also announced plans to acquire GX Technologies in an all-share deal (worth around $7.5 million CAD).

GX Technologies is developing applications based on graphene oxide. GXT has a cooperative R&D agreement with the US Army Corps of Engineers to develop graphene oxide-based membranes for use in nanofiltration. The deal with GXT is expected to be closed before April 29, 2021.

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 $343k 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.

G6 Materials (formerly Graphene 3D Lab) has provided an update from its R&D department regarding the outbreak of the COVID-19 virus and its effects on the economic landscape, and G6 management is reportedly optimizing the business model to accommodate the new reality. As part of this, G6 has developed a graphene-based air purification tech that could help fight the virus.

The CEO of the Company, Daniel Stolyarov, explains, There is an imminent demand for solutions that allow for the removal of viruses from the air and surfaces increasing the safety of the immediate environment. The Company has prioritized work in this sector and plans to address these market needs immediately.