Haydale announces iCraft Order, global exclusivity contract and £3 Million fundraise

Haydale has announced that, following the announcement on March 2020 regarding its graphene nano-platelets having been incorporated into iCraft’s cosmetic face mask sheet, a contract is now in place for 1 metric tonne of graphene nano-platelets (GNP-02-STD) in the first year, 2 metric tonnes in the second year, and three metric tonnes in the third year. This is an exclusive agreement for the mask application within the APAC region, excluding Thailand.

Haydale has signed a worldwide exclusivity contract to supply functionalized graphene nano-platelets for use in these sheet masks that are face-shaped sheet fabrics which utilize the thermal and electrical conductivity of graphene to help the skin absorb its contents through bioelectric currents. In addition, Haydale said it has completed a GBP3.0 million equity raise.

Haydale supplies graphene for iCraft's new cosmetic face masks

Haydale logoHaydale has announced that its graphene nanoplatelets have been incorporated into iCraft’s recently launched cosmetic face mask sheet. These sheet masks are face-shaped sheet fabrics which utilize the thermal and electrical conductivity of graphene to help the skin absorb its contents through bio-electric currents.

Haydale has supplied graphene to iCraft since May 2019 for development work in a number of areas including cosmetic use. iCraft, based in South Korea, is a global technology company with interests in security and network solutions as well as the health and beauty sector. Following intense research and rigorous testing, iCraft manages to report zero harmful substances for graphene-based products, and has applied for three related patents.