Advanced material solutions company Versarien updated that it is currently in advanced negotiations with two of the world's "largest consumer groups" and expects to receive a first purchase order "imminently". The collaboration with these companies would involve research and development and testing of the company's Nanene few layer graphene nano-platelets in polymer structures.
Versarien also reported "record levels of interest in its graphene products" and also, said that it is set to raise £1.2 million before expenses by issuing new shares in the company. Proceeds will be used to purchase capital equipment and provide working capital to enable current graphene collaborations to continue.
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