Graphene investing and financials

Stellantis Invests in Lyten to push forward graphene-enhanced applications in EV batteries, composites and sensors

Stellantis and Lyten have announced that Stellantis Ventures, the corporate venture fund of Stellantis, invested in Lyten to accelerate the commercialization of Lyten 3D Graphene™ applications for the mobility industry, including the LytCell™ Lithium-Sulfur EV battery, lightweighting composites, and novel on-board sensing. 

Lyten will aim to leverage the tunability of the material to enable enhanced vehicle performance and customer experience while decarbonizing the transportation sector. Lyten’s tunable materials platform has demonstrated significant reductions in greenhouse gas emissions and will advance the transition to sustainable mobility.

Read the full story Posted: May 25,2023

GMG announces graphene aluminium-ion battery Joint Development Agreement with Rio Tinto

Graphene Manufacturing Group (GMG) has announced the signing of a binding Joint Development Agreement ("JDA") with Rio Tinto, with the goal of accelerating the development and application of GMG's Graphene Aluminium-Ion batteries in the mining and minerals industry. Rio Tinto will contribute technical and operational performance criteria and A$6 million (over USD$3,900,000), in exchange for preferential access rights.

The JDA seeks to support the accelerated development of GMG's Graphene Aluminium-Ion Batteries for use in heavy mobile equipment and grid energy storage applications in the mining and mineral industry. The JDA builds on the existing collaboration for Rio Tinto to explore the use of GMG's Energy Saving and Energy Storage solutions (announced May 2022). This JDA is effective immediately and is expected to last 2 years with payments spread over the term of the agreement. The JDA aims to co-develop GMG's Graphene Aluminium-Ion battery pouch cell into an initial battery pack/module proof of concept.

Read the full story Posted: May 18,2023

Graphenest raises 1.8€ Million in funding to commercialize its EMI shielding solutions

Graphenest, provider of innovative electromagnetic interference (EMI) shielding solutions for the electronics and automotive industries, has announced that it has raised 1.8€ million in funding to scale up its graphene cleantech production and its commercial business development. The funding was led by Ged Ventures and Portugal Ventures.

With this funding, Graphenest plans to expand its production capabilities and accelerate growth toward a circular economy, by expanding its portfolio of products and strategic partnerships with the industry's value chain. It is committed to deliver high-performance shielding products that can enable customers to replace metals that are dense, rigid, and energy & resource-intensive by graphene-based solutions

Read the full story Posted: May 16,2023

Ionic Industries announces first sale of its graphene geotextile

Ionic Industries has announced the signing of an agreement for the sale of its first product developed from the Company's portfolio of graphene technologies. Ionic Industries referred to the patented conductive coatings applied to geotextiles as 'one of the world’s first large-scale applications of graphene technologies'. 

The supply agreement with GeoFabrics Australasia is for the supply of conductive, coated geotextile for sale by GeoFabrics as their Bidim-C product. The Bidim-C product is used to detect holes and potential leaks in newly constructed dams and water tank projects.  The agreement is for the supply of Bidim-C over the next 12 months and will generate up to AUD$1,000,000 (over USD$664,000) in revenue for Ionic.

Read the full story Posted: May 15,2023

NanoXplore reports an excellent quarter and record income

NanoXplore reported its financial results for Q1 2023, with revenues of $31.6 million CAD, up 11% compared to last year. The company was cash flow positive ($1.6 million CAD, double than last year). 

NanoXplore graphene composites

NanoXplore raised its revenue guidance to the fiscal year that ends on June 30, to $120-125 million CAD, which will represent a revenue growth of 27-33% from last year.

Read the full story Posted: May 12,2023

Directa Plus receives new graphene-enhanced textiles order from partner Grassi

Directa Plus and Italian clothing group Alfredo Grassi have expanded their partnership in military and public sector workwear after a new public sector contract. To meet the contract, Grassi has ordered tens of thousands of linear meters of graphene-treated lining worth more than €700,000, which is to be delivered in 2023.

The two companies have been working in partnership since 2017 and Directa Plus said this latest deal would add to the recurring revenue stream from its patented Graphene Plus PTC technology.

Read the full story Posted: May 09,2023

HydroGraph announces technology milestone for cost-effective modular commercial-scale unit for graphene production

HydroGraph Clean Power has announced that its patented Hyperion System, designed for scaled-up production of high-purity graphene, achieved a key technology milestone to produce commercial scale quantities graphene. 

The Hyperion System will produce fractal graphene to serve various markets including lubricants, energy storage, resins, specialty chemicals, coatings and other markets. The validation process reportedly confirmed the capex cost per metric ton of graphene produced will be one of the lowest in the industry. The system can produce over 10 metric tons per year using readily available commodity acetylene and oxygen.

Read the full story Posted: May 04,2023

Versarien announces placing to raise over £500,000

Versarien has announced a placing to raise £531,624 (before expenses) through a placing on the AIM market. This follows recent difficulties and statements by the Company, that it will require further funding to support its activities as it continues to face a number of challenges. 

The net proceeds of the placing will be used for general operational and working capital purposes and for commercialization activities primarily in the construction and leisure sectors, in line with the Company's new strategic roadmap which is being finalized.

Read the full story Posted: May 04,2023

Haydale awarded SMART funding to bring graphene products to market

Haydale has announced that it has been awarded SMART Flexible Innovation Support ("SMART FIS") from The Welsh Government to accelerate the development of its graphene underfloor heating product and range of biomedical sensor inks.

As part of a new innovation strategy for Wales, aimed at supporting Welsh industry by increased investment in research, development, and innovation, SMART FIS will provide Haydale with funding totaling £182,843 over a two-year period. Part of this funding will enable Haydale to accelerate the development of its prototype graphene underfloor heating ("UFH") towards a market-ready CE product that can be tested in a home environment. It will support continued engagement with partners such as City Energy Network Ltd and Plumbase.

Read the full story Posted: May 03,2023