NanoXplore reported its financial results for Q3 2022, with revenues of $27.1 million CAD (up 52% compared to last year). The company reported a loss (EBIDTA) of $1.97 million CAD (down from a loss of $3.7 million CAD last year).

Looking ahead into its FY2023 (which ends on September 2023) NanoXplore expects revenues to reach $110 million. The company also announced a 5-year strategic plan, during which the company will expand its production capacity from its current 4,000 tons to 20,000 tons for graphene and battery materials.

HydroGraph Clean Power has announced that it has secured a CAD$90,000 (around USD$67,820) grant in funding per year for two years for composite work at the Fraunhofer Innovation Platform for Composite Research at Western University.

This research will study HydroGraph’s graphene in thermoset resins to understand the effect of filler material on mechanical, electrical and thermal properties. The results will provide valuable information that will help increase the supply and use of graphene for applications that require lightweight and superior mechanical and energy properties.

Applied Graphene Materials (AGM) recently announced that the company aimed to raise money to fund its operations, but in the current market conditions, this is no longer possible. Shares of AGM dropped by over 40% following the announcement, and are down around 80% since the beginning of 2022.

In the six months that ended on January 2022, AGM 's revenues were only £46,000, while its net loss was £1.9 million. The company's cash reserves will likely only last till the first quarter of 2023 or so.

Graphene Manufacturing Group (GMG) has announced a "bought deal" placement for gross proceeds of AUD$5,002,250 (around USD$3,250,000). Eight Capital will serve as lead underwriter and sole bookrunner, together with a syndicate of underwriters. 

The Company intends to use the net proceeds of the offering for growth initiatives, working capital and general corporate purposes.

Lyten, an advanced materials and applications manufacturer that recently announced opening its first 3D Graphene fabrication facility, has launched LytR™, its unique polymer composite product line. Pelican Products, maker of high-durability protective cases, will incorporate LytR™ into a new generation of transport cases, including cases intended for U.S. military forces.

LytR™ is Lyten’s unique polyethylene formulation, infused with a proprietary carbon-based material called Lyten 3D Graphene™ that significantly reduces weight while maintaining the same or better strength and performance. LytR™ R series is a copolymer engineered for exceptional stiffness, great mold release, and outstanding impact strength. It is designed for rotational molding applications that require increased stiffness and low-temperature toughness with a broad processing window. It was explained that the infusion of LytR technology will allow Pelican to manufacture cases up to 50% lighter while maintaining the same strength and durability as their standard cases. Based on the reduced container weight, LytR reinforced cases will enable customers to reduce bodily strain, reduce transportation and fuel costs, increase payload capacity, and reduce their carbon footprint.

China's Ministry of Industry and Information Technology (MIIT) has approved setting up three national manufacturing innovation centers, with one focusing on graphene (the other to will be focusing on virtual reality (VR) and ultrahigh-definition video).

The national graphene innovation center will be built in Ningbo, Zhejiang province, relying on a firm called Ningbo Graphene Innovation Center, the MIIT noted. The innovation center will focus on the weak spots in the industrial development of graphene, conducting key generic technology research and shaping up an innovative system covering the sector's industrial, capital, talent and value chains.

Lyten has announced its first 3D Graphene fabrication facility located at its headquarters in San Jose, CA. Lyten developed Lyten 3D Graphene, a patented library of materials that has enabled the company to develop various solutions in the fields of energy storage, composite systems, and chemical & passive sensors.

Lyten 3D Graphene is described by the Company as a proprietary, tunable advanced materials platform that is the result of years of technological inventions by Lyten. Lyten 3D Graphene can be infused into many other materials and products to unlock higher-performance applications. For example, infusing Lyten 3D Graphene into polyethylene provides significant improvements in strength. Lyten 3D Graphene is extracted from methane and engineered into forms depending on the application.

Xiaomi announced a new product, the Mijia Graphene Baseboard Heater (Fire Edition). The device uses two graphene-based heating elements, and has a simulated flame function that uses an integrated humidifier and LEDs to generate the flame appearance.

The Mijia Graphene Baseboard Heater is available now in China for pre-order for 1,299 yuan (around $180), and its retail price is expected to be 1,599 yuan (around $220).

Researchers from Switzerland's ETH Zurich and Japan's National Institute for Materials Science (NIMS) have produced the first superconducting quantum interference device, or SQUID, from twisted graphene for the purpose of demonstrating the interference of superconducting quasiparticles. This work is based on former research in which, about a year ago, a team of researchers led by Klaus Ensslin and Thomas Ihn at ETH Zurich's Laboratory for Solid State Physics was able to demonstrate that twisted graphene could be used to create Josephson junctions, the fundamental building blocks of superconducting devices.

Conventional SQUIDs are already being used, for instance in medicine, geology and archaeology. Their sensitive sensors are capable of measuring even the smallest changes in magnetic fields. However, SQUIDs work only in conjunction with superconducting materials, so they require cooling with liquid helium or nitrogen when in operation. In quantum technology, SQUIDs can host quantum bits (qubits); that is, as elements for carrying out quantum operations. "SQUIDs are to superconductivity what transistors are to semiconductor technology—the fundamental building blocks for more complex circuits," Ensslin explains.

FIOBOC, a casual fashion menswear brand, recently launched a graphene-enhanced activewear range. The collection includes sweatshirts and jackets in a range of naturally dyed colors. Using graphene in the fabric of FIOBOC's new collection allows it to keep warmth and comfort for wearers. The graphene fabric can reportedly insulate heat to reduce heat loss from the human body to ensure the wearer is kept warm.

FIOBOC stated that the "new collection is created with an athleisure style. While promoting comfort, the simple but stylish design makes it perfect for daily wear at work or home, working out at the gym, or going out motorcycling. Paired with a denim jacket or a snow jacket, it will be an ideal choice for camping or mountain climbing".