G6 Materials, a high-tech company with expertise in advanced materials and developing innovative composites for a wide range of industrial uses, has recently entered into an agreement to acquire a license from Graphene Corp. regarding intellectual property rights associated with graphene coatings technology.
The License encompasses a suite of proprietary technologies, patents, and trade secrets that will enable the Company to enhance its product offerings, drive innovation, and meet the evolving needs of its customers. The acquisition of this License aligns seamlessly with G6's vision to deliver advanced solutions that push the limits of performance, sustainability and offers innovative solutions across diverse industries. The license for this technology is for a period of up to February 1, 2026, and is non-exclusive, non-sublicensable and non-transferable.
The one-time license fee of $300,000 is payable through the issuance of common shares in the capital of the Company.
The licensed graphene coating technology reportedly offers superior performance characteristics that will elevate G6's product portfolio and will be seamlessly integrated into G6's research and development initiatives, providing a solid foundation for future advancements in coatings technology.
Guy Bourgeois, CEO of G6, commented: "G6 Materials is thrilled to announce the acquisition of the license for this cutting-edge graphene coating technology. This strategic decision underscores our commitment to revenue growth outlined in our corporate plan and positions us at the forefront of the rapidly evolving materials industry. We are excited about the possibilities this acquisition unlocks and the value it brings to our customers and shareholders."