Graphene Laboratories - Page 2

G6 Materials (Formerly called Graphene 3D Lab) has installed a new pilot-scale graphene oxide (GO) reactor at its Ronkonkoma New York facility.

G6M says that the new reactor increases the company’s GO production capacity five-fold. The first batch of graphene oxide from the New Reactor was produced on November 26, 2021.

G6 Materials (Formerly called Graphene 3D Lab) reported its financial results for its fiscal year which ended on May 31, 2021. The company's revenues reached $1.9 million, a 110% increase from last year. G6M attributes most of its growth to strong demand for its air purification products and graphene-related consulting services.

G6 Materials' comprehensive loss decreased by 6% to $938,600. At the end of the year, total assets grew 407% to $5.9 million.

G6 Materials (Formerly called Graphene 3D Lab) announced its financial results for Q1 2021, with revenues of $263,425 CAD and a net loss of $321,152.

Looking back at the last nine-month period (ended February 28, 2021), G6's revenues were $1.94 million CAD, up 276% from $515,930 in the prior year. The increase in revenues was attributed to consulting services provided to third-party clients, the ongoing sale of the Company’s air purification products and the receipt of a one-time payment as per the terms of a license and option agreement.

G6 Materials (Formerly called Graphene 3D Lab) has announced its financial results for the second quarter of the fiscal year ending November 30, 2020. Revenues for the quarter were just over $500k, up from $150k from last year. Net loss amounted to $321k (down from $343k from last year).

G6M says that the sharp increase (383%) in revenues in the company's latest reported six months was primarily due to strong customer demand for the Company’s air purification products and a one-time payment as per the terms of a license and option agreement.

The Coronavirus pandemic has been having a significant impact on the graphene market and industry. Even before the pandemic, graphene has already received much attention due to promising antimicrobial properties and demonstrated antiviral efficacy. However, there is no denying the recent urgency to put these traits to good use in combating the Coronavirus.

More than a few companies have launched graphene-enhanced textiles, inks and coatings, incorporated into personal protective gear (face masks, gloves etc.), and applications like air filters and room cleansers have been developed.

The following is a sponsored post by Graphene Labs

Graphene nanoplatelets (GNPs), unique materials produced from natural graphite, are finding their way into a wide variety of commercial products including nanocomposites, lubricants, additives to battery electrodes, functional textiles, as well as many other applications.

GNPs have quite a few outstanding properties that allow them to be employed in a broad spectrum of applications, including:

• Superb mechanical strength
• Excellent electrical conductivity
• Ability to vastly improve the tensile strength and fracture toughness of polymers
• Low percolation threshold
• Resistance to corrosion

Graphene 3D Lab has announced a third line of business, the Industrial Materials Division, to be devoted to development of high volume graphene-infused polymers for the automotive, robotics, drone, aerospace and military industries. This line will join the company's two main ones: graphene production and commercialization of 3D Printing technologies.

As a step in this direction, G3L has finalized installation and testing of a state of the art twin-screw extruder manufactured by Thermo Fisher. This specialized equipment allows the company to create advanced composite materials with exceptional accuracy in shorter working times. The extruder will help to incorporate graphene into materials well suited for industrial production of new or existing products that are lighter, stronger, and more flexible than their current commercial counterparts. The company will now be able to respond faster to the increased demand from manufacturers.

Graphene 3D Lab recently announced the initiation of a non-brokered private placement of up to 3,400,000 units to raise up to CDN$850,000 in gross proceeds (around $619,000 USD). Now, it the company has increased the proposed private placement to up to 4,000,000 Units to raise up to CDN$1,000,000 (around $730,000 USD).

G3L stated that proceeds from this financing will be used primarily for expansion of the company's business and for general working capital purposes.

Graphene 3D Lab announced the initiation of a non-brokered private placement of up to 3,400,000 units to raise up to CND$850,000 in gross proceeds (around $619,000 USD). Each Unit will consist of one common share and one non-transferable share purchase warrant.

The company stated that proceeds of this financing will be used primarily for expansion of its business and for general working capital purposes.

Graphene 3D Lab has announced filing a provisional patent for a process of 3D printing an OLED light source that immediately functions when printed, with a graphene coated transparent conductor window. This unique structure is the product of an innovative multi-functional 3D Printer, which can make thin films as well as 3D structures.

The printer patent relates to a technology that should lead the industry in multiple deposition techniques, robotic manipulator, laser and UV curing capabilities. G3L considers the new IP a dramatic leap forward, offering the ability to 3D print with multiple functional materials at the same time, including the ability to 3D print a working light. This printer was reportedly designed to maximize the attributes of the functional materials that the company already developed, and plans to introduce in the future to the market.