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 Graphene (Hong Kong), a wholly-owned subsidiary of Versarien, recently signed a joint venture agreement with Young-Graphene (Beijing) Technology Company(YG). YG has appointed the Secretary General of the China International Graphene Industry Union to act for it in this matter and is supported by both CIGIU and Beijing Institute of Graphene Technology. Versarien’s foreign wholly owned enterprise (Beijing Versarien Technology) will become the joint venture company with YG for the development of its activities in China.
The agreement signed with YG stipulates that a 50%-owned Chinese Joint Venture will be formed, for the development of applications for Versarien’s technologies in the region.
Advanced materials company Versarien announced that it had entered into a £6 mllion subscription agreement with US-based Lanstead Capital Investors.
Versarien will sell 15 million new shares to Lanstead at 40p each, which is about 9.75% of Versarien's existing share capital. This share price is around 54% premium to Versarien's mid-market price on 20 March.
Following a Global Business innovation Programme initiated in 2019, and a collaborative visit to the US, the UK established a new Graphene Innovation Group (UK-GIG) that puts together 15 specialists from UK companies that together share many years of experience in graphene and expertise across the entire value chain.
Scott Storey, a Business Innovation Advisor at Inventya and the lead coordinator at the UK-GIG, explains more about the group - "We can take an everyday industrial challenge, apply our combined graphene knowledge, engineer and manufacture an effective solution, and take that solution to national and international markets. UK-GIG is now an established cohort of 15 UK-based graphene companies, ranging from early stage through to established businesses. The UK-GIG companies are fully aware of the huge potential for graphene technology to improve materials or be used in novel ways across multiple sectors. They are seeking collaboration opportunities where they can combine their expertise to do what they do best - solve problems, design graphene applications, and help commercialize an increasingly exciting field. They aim to make the UK the best place on earth to be grafting in graphene!"
We have reached out to some of the GIG members, to find out how has graphene effected their business and products, and the effects of graphene on their materials or devices.
Oxford Advanced Surfaces (OAS) and 2-DTech (a Versarien subsidiary) has signed a collaboration agreement to develop a new range of products that incorporate graphene, into OAS’ proprietary Onto chemistry platform. OAS says these materials will enable it to enhance the mechanical performance and electrical and thermal conductivity of its products.
OAS says that its Onto chemistry platform delivers a range of versatile and reliable chemical surface treatments that are used to improve the adhesion of paints, coatings and adhesives to composite materials and engineering plastics. OAS aims to introduce a range of new products enhanced with graphene to address a wide range of applications and new materials challenges encountered in both its current and potentially new markets.
The Graphene Flagship recently launched an Airbus-Backed Project for graphene-based thermoelectric ice protection systems. Now, Versarien announced that it has been selected to participate in that project.
The Project, which is categorized by the Graphene Flagship as a “Spearhead”, large-scale commercialization project, aims to develop graphene-based thermoelectric ice protection systems and to advance the technology readiness level of graphene in these systems.