Haydale - Page 5

A few years ago, several graphene producers released 3D printing materials enhanced with graphene. These materials enabled conductive non-metal materials, and enhanced the mechanical and thermal properties of these 3D printing filaments.

The market reaction, though, to these materials was cool. The materials did not provide a significant improvement, the price was high, and there were better alternatives available.

Haydale announced that it has raised £5.1 million (almost $7 million USD) in an oversubscribed share offer.

The company says that the new funds will be used to fund general working capital needs of the business, support the scaling up of manufacturing capacity and drive forward product rollout into the US market.

Haydale has announced that is has signed a Memorandum of Understanding (MoU) with Viritech, a UK-based company that is developing technologies to deliver advanced hydrogen powertrain solutions for the automotive, aerospace, marine and distributed power industries.

Haydale will provide Viritech with consulting engineering support services, including pressure vessel design, structural analysis, and material science analysis.

Haydale has announced that, following its announcement of positive prototype testing on 3rd March 2020, its range of advanced wearable technology - integrated into garments for elite athletes - was used in Tokyo by British athletes, including top medal winning athletes.

The garments generate heat using Haydale's printed functionalized graphene ink and incorporate electronic circuitry to produce temperature regulated panels. The plan is to use them at future international competitions, and subsequently to make them available commercially to other professional sports.

Haydale has filed a joint patent with Airbus which covers the intellectual property jointly generated by Haydale and Airbus under the multi-party NATEP-supported Graphene Composites Evaluated in Lightning Strike Project, or GraCELS-2.

The group said that GraCELS-2 was designed to confirm that the 'incorporation of functionalized graphene/2D fillers could produce the next iteration of composite materials with significantly improved lightning strike performance compared to existing current carbon/epoxy systems alleviating the need for copper mesh'.

Haydale has announced that further to a memorandum of understanding signed on 11 November 2020, it has now signed a Collaboration Agreement with ProMake Limited with respect to the fulfilment of Promake's commitments under the Public Health England ("PHE") National Microbiology Framework.

In line with the UK Government's aim to supply fast turnaround tests in its fight against Covid-19, PHE announced a new National Microbiology Framework in November 2020. There were four discrete lots within this framework and ProMake tendered for Lot 2 and Lot 4.

The graphene industry seems to be flourishing, at least when looking at the valuations of public companies. As we reported earlier this year, graphene stocks have risen nicely towards the end of 2020, and the trend continues in 2021 for most companies.

The total market value of graphene companies now reaches $1.8 billion USD for the 13 leading graphene public companies we track. It is important to note that not all this value is directly related to graphene - some of the companies have other activities, mainly graphite mining and supply. But for all these companies, graphene is a major part of the business, and most of the companies are pure-play graphene companies.

Haydale has announced that it has been awarded funding of £138,549 (around USD$192,290) to develop hydrogen fuel cell tanks by the Advanced Propulsion Centre (APC).

To support the future of green automotive manufacturing and accelerate the UK's transition to net- zero emission vehicles, the Advanced Propulsion Centre (APC) has guided £9.4 million in public funding to 22 feasibility studies looking to scale up the industrialization of low-carbon emission vehicle technologies.

Haydale has announced that it has partnered with U.S-based 401 Tech Bridge to provide a HT200 Plasma Reactor and advanced materials support for their innovation ecosystem.

The HT200 Plasma Reactor will be utilized in the 401 Tech Bridge Advanced Materials and Technology Center, managed by the University of Rhode Island (URI), to support material commercialization efforts of Graphene Composites and other local composites and textiles-based businesses. This adds to 401 Tech Bridge's capability supporting its ambition to accelerate the adoption of new materials and support companies' efforts in developing new products.

Haydale has announced that it has been awarded a £1.1 million loan facility by Innovate UK Loans Limited, a wholly owned subsidiary of UK Research and Innovation.

Haydale, with the support of Innovate UK, is implementing its plan to expand its capacity to manufacture functionalized nanomaterials (including graphene) to meet growing demand. Haydale will be investing in a HT1400 plasma reactor and ancillary equipment to provide a facility to be able to increase production volume by at least eight-fold once fully optimized. The reactor will increase production at the Ammanford facility to an industrial level with capacity to functionalize over 30 TPA of graphene and other nanomaterials on a single shift pattern.