Haydale - Page 6

Haydale has announces its financial results for H1 FY2021 (which ended on December 2020 - revenues were £1.28 million, down 5% from last year, while operating loss was reduced by 34%. At the end of December 2020, Haydale had £1.88 in cash and equivalents.

Haydale says that even though the covid-19 pandemic impacted several of its key markets, the company observed greater interest from existing and new customers. The company anticipates that full FY2021 revenue will be in line with FY2020, while lower operating costs will lead to a reduced operating loss.

Haydale has announced that Bolflex has purchased 80 kg of its functionalized nano-enhanced rubber masterbatch for use in its premium soles range for shoe production. This follows Haydale recently increasing the elastomer capability of its functionalized nano-enhanced rubber masterbatch.

Haydale's products are incorporated into the styrene-butadiene rubber (SBR) compound offering increased tear strength, abrasion resistance, flex resistance, slip resistance and coefficient of friction - all essential properties for footwear.

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.

Haydale Graphene Industries has announced that its partner IRPC has now completed the development project with Haydale and started production of its new washable functionalized graphene-enhanced fabric mask.

IRPC has placed a follow-on order for 200 kilograms of Haydale’s bespoke ink, with further orders anticipated, the advanced materials group said. The face masks are currently being produced for use internally within the IRPC group, with a forecasted external order book for 2021.

Haydale announced its financial results for FY2020 (which endd on 30 June, 2020). The group's revenues reached £2.95 million, down from £3.47 in FY 2019, but its net loss decreased to £4.02 million (down from £7.19 in 2019) as the company continues to implement cost savings measures.

Haydale's negative cash flow deceased by 31%, but the company still used up £3.32 million in the year and at the end of June had only £0.82 million in cash and equivalents. On September 2020 Haydale raised £2.98 million via a new share subscription.

Haydale has announced the signing of contracts for the provision of services for the collaborative development of graphene and nano material enhanced products for use in Dowty Propellers’ products. Haydale will assist Dowty in examining the feasibility and development of various material technologies, pertinent to Dowty’s future product development, involving the incorporation of graphene and other nano materials.

Haydale will work with Dowty to develop erosion-resistant coatings with the addition of Haydale’s proprietary Silicone Carbide (SiC) Microfibers. Further development work is ongoing to establish the feasibility of potential industry-changing technology for the turboprop sector. In addition to these topics, Haydale will develop graphene-enhanced functional inks for strain sensing using its surface engineered HDPlas graphene nanomaterials.

Haydale has announced that, following the announcement on March 2020 regarding its graphene nano-platelets having been incorporated into iCraft’s cosmetic face mask sheet, a contract is now in place for 1 metric tonne of graphene nano-platelets (GNP-02-STD) in the first year, 2 metric tonnes in the second year, and three metric tonnes in the third year. This is an exclusive agreement for the mask application within the APAC region, excluding Thailand.

Haydale has signed a worldwide exclusivity contract to supply functionalized graphene nano-platelets for use in these sheet masks that are face-shaped sheet fabrics which utilize the thermal and electrical conductivity of graphene to help the skin absorb its contents through bioelectric currents. In addition, Haydale said it has completed a GBP3.0 million equity raise.

Haydale has announced that, further to a successful Phase 1 collaboration agreement with IRPC Public Company (IRPC), a Phase 2 collaboration agreement has now been signed between the two companies. The Agreement will see IRPC developing transparent graphene and functionalized acetylene black conductive inks for RFID, NFC and related applications.

Haydale is to functionalize IRPC's acetylene black product to create the organic RFID ink. The success of this collaboration is expected to pave the way to numerous opportunities in printed electronic applications and be more environmentally friendly than existing inks.

Haydale has announced that its graphene nanoplatelets have been incorporated into iCraft’s recently launched cosmetic face mask sheet. These sheet masks are face-shaped sheet fabrics which utilize the thermal and electrical conductivity of graphene to help the skin absorb its contents through bio-electric currents.

Haydale has supplied graphene to iCraft since May 2019 for development work in a number of areas including cosmetic use. iCraft, based in South Korea, is a global technology company with interests in security and network solutions as well as the health and beauty sector. Following intense research and rigorous testing, iCraft manages to report zero harmful substances for graphene-based products, and has applied for three related patents.

Haydale has announced that it will now collaborate with the English Institute for Sport (EIS) and the Welsh Centre for Printing and Coating (WCPC) to deliver a range of advanced wearable technology sport apparel for elite athletes.

Haydale has reported that initial prototype testing has been completed in live performance sessions with elite athletes with very successful results for wearability through its unique coating systems. Alongside supply chain partners, a range of garments are being manufactured in higher quantities for further use in elite sport settings, focusing on efforts to develop flexible and miniaturized electronics. This enhances product feel as well as reducing weight, allowing for optimized athlete performance.