HydroGraph Clean Power, a commercial manufacturer of graphene and other nanomaterials, has announced a non-brokered private placement of units of the Company for aggregate gross proceeds of up to $2,000,000.
Net proceeds from the offering will be used for application development, business development and general working capital purposes.
G6 Materials Corporation has announced its financial results for the latest quarter, that ended on August 31, 2023. Revenues for the quarter were $320,907, down from $358,400 last year, while net loss was $426,946, down from $647,887 last year.
The company is now focused on improving its working capital position by increasing sales of its new epoxy product line and its Breathe+ Pro Advanced Antimicrobial Graphene Air Filtration System.. G6 is also focused on evolving its strategic partnership with Singapore-based MADE Advanced Materials.
Graphene Manufacturing Group (GMG) has provided a business update on the commercialization progress of THERMAL-XR powered by GMG Graphene.
GMG has announced it has received forward orders of over AU$400k (around USD$255,000) for THERMAL-XR from various distributors and customers worldwide. Most of the value of these orders is conditional on the in-country approval for the THERMAL-XR to be imported from Australia and sold into that country for the product's initial launch.
Kerala Government has decided to set up a pilot production facility for graphene. The production facility will cost ₹200 crores (over USD$24 million), the Chief Minister's Office said in an official statement.
The innovative facility will be established on a public-private partnership model. The Kerala Digital University would be the implementing agency, and Kerala Industrial Infrastructure Development Corporation (KINFRA) has been appointed as a special purpose vehicle for infrastructure development, the statement said.
UK-based graphene developer Haydale announced its financial results for the full financial year that ended on September 2023 (FY22). Revenues were £4.30 million, up 48% from last year, as the company's US business is recovering. The company's operating loss, however, also increased to £3.49 million (up slightly from 2022).
Haydale sales that its US sales continued to progress with growth in the core aerospace and automotive markets. The company has established a regionalised manufacturer's representative network which is already showing signs of generating improved commercial traction within the North American steel mill, aerospace and automotive sectors for our finished tooling.
A partnership between the Australian Institute for Bioengineering and Nanotechnology (AIBN) of The University of Queensland (UQ) and Graphene Manufacturing Group will aim to push forward the commercialization of graphene-enhanced batteries. The parties received financial support from the Australian Federal Government Economic Accelerator Seed Grant to promote the development of Graphene Aluminium-Ion Battery Technology.
“UQ will supply the material engineering technology and GMG has the battery fabrication facility so together we can further develop the Graphene Aluminium-Ion Battery Technology,” AIBN's Dr. Xiaodan Huang said. “A key feature of this battery technology is the faster recharging rate and longer life.
2D-BioPAD is the name of a new Horizon Europe project that was recently launched. With a nearly €6 million budget, 2D-BioPAD will develop a diagnostic system for early Alzheimer's disease detection. This Horizon Europe Research and Innovation Action funded by the European Union, officially commenced on October 2023 and will go on for 48 months.
2D-BioPAD is developing a fast, reliable, cost-effective and digitally enabled point-of-care in vitro diagnostic system for early Alzheimer's disease detection. The 2D-BioPAD system will make use of cutting-edge 2D materials (i.e., graphene), nanomaterials and aptamers, to enhance biocompatibility, sensitivity and specificity for the simultaneous detection of up to five Alzheimer’s biomarkers in blood. The device will be accompanied by a user-friendly mobile app that will give healthcare professionals real-time access to quantified results in primary healthcare settings. Along the way, artificial intelligence will be used to optimize the design and implementation of the 2D-BioPAD system.
Harcros Chemicals, a U.S-based manufacturer of innovative and sustainable chemicals, has entered into a Letter of Intent (LOI) with Avadain stating mutual intent for Harcros to become the first company to commercially manufacture Avadain’s signature graphene flakes. Harcros has also made an investment in Avadain.
“There are many types of graphene materials,” says Brad Walden, Harcros’ VP for business development. “Harcros wants to be in the forefront of supplying the market for large, thin and nearly defect free graphene flakes which can be used to make thousands of products better.”
Skeleton Technologies recently closed a €108 million funding round that includes Siemens Financial Services (SFS), Marubeni Corporation and other investors. This funding will accelerate the development of next-generation products and finance the manufacturing expansion for supercapacitors and the company’s new high-power battery technology – the SuperBattery.
Skeleton Technologies’ CEO and Co-Founder, Taavi Madiberk, said: "Securing an investment from one of Europe's largest tech companies is a significant milestone for Skeleton. In addition to SFS’ investment, Siemens is also a key partner, supplier, and customer. Their expertise in industrialization and commercial partnerships will propel our growth and solidify our role in leading the energy transition”.
Concretene has announced three successful UK government funding bids, two through Innovate UK, totaling £1.18 million (around USD$1,430,000), and one through EPSRC and the Henry Royce Institute for Advanced Materials for £79,000 (about USD$95,000).
The product – a graphene-enhanced admixture for concrete that reduces embodied carbon – is being developed for commercial roll-out by Nationwide Engineering Research & Development and The University of Manchester. The grant awards relate to Concretene’s core research program, from raw material supply through to construction applications.