Founded in 2010, Versarien (AIM:VRS) is an advanced materials group leveraging proprietary technology to create innovative engineering solutions for its clients in a diverse range of industries.
In June 2013, Versarien floated on AIM, a market operated by the London Stock Exchange. Versarien is involved with R&D activity of various materials like copper, carbide and graphene. Since the company acquired 2D-Tech in 2014, Versarien has been very active with graphene, and is collaborating with the NGI, Haydale and others. In 2016 Versarien acquired Cambridge Graphene and also AAC Cyrome to establish a graphene plastic factory.
The latest Versarien graphene news:
Versarien has announced the launch of a new hybrid nanomaterial that has superparamagnetic properties, which can be used across a range of applications, like defense and healthcare. The new material combines graphene with both iron oxide and manganese oxide nanoparticles and its development was led by Versarien's 62% owned subsidiary, Gnanomat.
The superparamagnetic material combines graphene with both iron oxide and manganese oxide nanoparticles that provide the material with magnetic properties. In return, graphene provides electrical conductivity to these electrically insulating metal oxides. Magnetic nanocomposites can readily respond to external magnetic fields which allow them to be manipulated. Potential applications of the material include the treatment of wastewater whereby pollutants are adsorbed onto the graphene surface. The material could also lends be used in biomedical and biotechnology applications, or defense applications requiring the shielding of electromagnetic fields. Magnetic manipulation could allow the recovery and recycling of the graphene, something that could not be done with normal graphene compounds.
Versarien has announced a partnership with sports and leisurewear manufacturer OG Classic, to integrate its Graphene-Wear technology into its enhanced team sports and leisurewear product line.
The partnership will see graphene-enhanced fabrics emerge into the Middle Eastern market with Versarien’s Graphene-Wear technology featuring in apparel lines by the Dubai-based manufacturer.
Versarien announced its latest financial results. The company reports increased interest from global companies, with an increase in revenues and a drop in net loss.
In the year that ended on March 2022, Versarien's revenues grew to £7.6 million, up from £5.7 million a year ago. The group's graphene revenues grew by 170% to £1.9 million. The company's operating loss decreased to £1.04 million (down from £1.88 a year ago). Versarien reported it had £3.1 million in cash and equivalents at the end of the quarter.
Versarien has announced that its Graphene-Wear technology will be incorporated in Umbro's top-of-the-range Pro-Training Kit for the Spring/Summer collection 2023. Umbro and Versarien have been working on several projects since 2018, and this is the first one that will reach the market.
Versarien and Umbro say that the Graphene-Wear formula will enable wearers to experience enhanced thermal transmittance, increased moisture management and drying rate of the garments. The garments will have Versarien's Graphene-Wear™ trademark applied.
Versarien, an advanced engineering materials group and provider of graphene-enhanced cement admixture, recently announced the launch of its "Lunar" lifestyle pods. Lunar is Versarien's first 3D printed concrete product made with Cementene, Versarien's graphene-enhanced cement.
The launch involved Neill Ricketts, CEO of Versarien, unveiling a building printed with Cementene, at the Company's production facilities in Longhope, Gloucestershire. Known as Versarien Lunar, this is a milestone project for a 3D-concrete printed product with a graphene additive. The versatile pods can be used as an office, studio, gym, or leisure room. The pod's wall design shows the level of detail, flexibility and precision that can be achieved with 3D-concrete printing.