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.
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The latest Versarien graphene news:
Versarien announces launch of Umbro's ProTraining Elite range incorporating its graphene technology
Versarien has announced the launch of Umbro's ProTraining Elite range, including garments incorporating the Company's Graphene-Wear technology.
Versarien has been working with Umbro since 2018 and these are the first products to be launched in Europe incorporating the Company's technology. Umbro's new ProTraining Elite long-sleeve running tops, baselayers and running tights have Versarien's Graphene-Wear ink formula printed on the inside. The Graphene-Wear formula features novel properties that will allow wearers to experience enhanced thermal transmittance, increased moisture management, with improved drying rate, without compromising air or water vapor permeability. In particular, these three garments will benefit significantly from applying Graphene-Wear as they are being worn in circumstances where maintaining core body temperature is more desirable and difficult to achieve. The garments also have Versarien's Graphene-Wear trademark applied.
Versarien announces placing to raise over USD$2.2 million
Versarien has announced that it has raised £1.85 million (around USD$2,259,000) in new share capital.
Yesterday, Versarien provided an update on its £5 million graphene project G-SCALE (Graphene, Seat, Concrete, Arch, Leisure, Elastomer). The project aims to produce sufficient quantities of graphene to enable commercialization of graphene-enhanced products in these five priority application areas.
Versarien provides G-SCALE updates
On 1 July 2020, Versarien announced that the UK Government, via Innovate UK, had granted a £5 million loan to the Company, for a project named G-SCALE, an acronym for Graphene, Seat, Concrete, Arch, Leisure, Elastomer. The award was to facilitate the production of sufficient quantities of graphene to enable commercialization of graphene-enhanced products in these five priority application areas.
Recently, Versarien has provided a summary of G-SCALE progress for each of the relevant segments.
Silca launches new bicycle chain lubricant, made with graphene by Versarien
Silca, producer of bicycle accessories, has launched a graphene-based chain lubricant, Hot Wax X. Silca claims it ‘runs roughly 0.5 watts faster’ than their original Secret Chain Blend hot-melt wax, and that it can extend the chain life to 30,000km. The new lubricant comes at quite a high price of £220 per 300g tin.
Silca previously made waves with its Secret Blend Hot Chain Wax, which gained the reputation of 'the fastest lubricant in the world'. Now, Silca found Nanene (by Versarien, which owns the Nanene brand), a commercial type of graphene, to further improve its product.
Versarien collaborates with BiaBrazil on launch of graphene-enhanced activewear
Versarien recently entered a commercial agreement with BiaBrazil, a Brazilian sports and activewear manufacturer, for the integration of Versarien's Graphene-Wear technology into a new range of women and men's activewear garments. This agreement follows a 16-month phase of work between the two companies.
Versarien, in a statement, said it will make further announcements regarding launch dates for the line of products though noted that it expects they will be available for sale during Q1 2023 in the UK and worldwide.
Versarien launches graphene-based superparamagnetic material
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 partners with textile manufacturer OG-Classic on graphene-enhanced garments
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's graphene revenues grew 170% in the past year
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's tech to be used in new Umbro training kit
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 launches Lunar 3D printed lifestyle pods
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.