Haydale - Page 9

In February 2018, Haydale, the University of Swansea and Wheelsure entered a collaboration to develop intelligent systems for transport and industrial applications using Haydale's graphene ink sensor technology, in order to extend Wheelsure's product range. Now, Haydale has confirmed that The University of Manchester's Graphene Engineering Innovation Centre ("GEIC") is set to join this collaboration.

The project aims to develop an intelligent new product pairing Haydale's functionalized graphene sensor technology with Wheelsure's failsafe locking solution. The sensor will be developed by applications engineers at the GEIC using Haydale's functionalised graphene. The project is expected to be showcased at the official opening of the GEIC in December 2018.

Haydale, the global advanced materials group, has announced the signing of an exclusive license agreement between Haydale Technologies (Thailand) and TKS Siampress Management. The Agreement is for TKS over an initial 3 years and 3 months to access and use the patented anti-counterfeiting technology ("PATit") in commercial applications on an exclusive basis in Thailand and one other territory to be decided by the parties.

The Agreement requires TKS to pay an upfront license fee for grant of the license, payable in three tranches within 120 days of the Agreement. Additionally, the Agreement includes payment of a research service fee due in two payments within 45 days of signing the Agreement for provision of a speciality capacitance ink as part of the anti-counterfeiting technology.

Haydale has announced the signing of a Joint Development Agreement ("JDA") between Haydale Technologies (Thailand) Limited ("HTT") and Thailand's Star RFID ("Star"). The JDA is for the parties to quickly co-develop both graphene and silver-based inks for the printed Radio Frequency Identification market ("RFID"). The co-development is expected to lead to a supply and collaboration agreement in the coming months.

The parties have already commenced development of a dedicated silver ink for Star and have a small paid-for project to carry out this work. Star has first right of refusal for any products arising from the JDA.

Haydale has announced that it has been awarded a research and development grant from the Niche Vehicle Network to develop graphene-enhanced composite tooling and graphene-enhanced automotive body panels. Haydale is looking to reduce cycle times compared to existing tooling methods, as well as reduce weight and increase performance of component material.

A grant of £249,600, of which Haydale will receive £120,000, has been awarded to the consortium that Haydale leads, joined by Briggs Automotive Company (BAC) and Pentaxia. BAC is a British manufacturer of the Mono, the world's only road-legal, single seat super car. Pentaxia is a specialist in tooling design, machining (jigs & fixtures), and composite production.

Haydale has been jointly awarded a contract by the English Institute for Sport (‘EIS’) for the development of advanced wearable technology for elite athletes in training for the 2020 Olympic and Paralympic Games.

The EIS will use Haydale and its long-term partner the Welsh Centre for Printing and Coating at Swansea University to incorporate graphene coatings into a range of clothing for elite performers.

UK-based Haydale reported its preliminary financial and business results for FY2018 (which ended on June 2018). Total revenues in 2018 reached £4.23 million (up from £3.91 in 2017), which included £3.4 million in commercial revenues and £0.83 million in grant income.

The net loss before tax in 2018 was £6.12 million (up from a £5.64 million loss in 2017). At the end of the year, Haydale had £5.09 million in cash and equivalents. Haydale says it enters FY2019 with cautious optimism. Two encouraging sings are a recently signed five-year SiC contact extension, and steadily increasing graphene ink sales to several print houses for the bio-medical sensor market.

In 2016, Briggs Automotive Company (BAC) developed a vehicle made with graphene in its bodywork. Now, BAC received funding to undertake graphene research, with a view to pushing the technology towards production-readiness for the automotive industry.

The road-legal, single-seater supercar the BAC Mono received the Niche Vehicle Network (NVN) grant alongside Haydale Composite Solutions and Pentaxia Composites and will further explore the benefits of using graphene in composite body panels.

Haydale recently announced that it has completed the installation and commissioning of a two-roll lab mill at its site in Loughborough, UK, that will allow Haydale to compound nanomaterials into a range of elastomers, graphene included, which will support customers interested in using nanomaterials in their elastomeric products for a range of property improvements, such as thermal conductivity, electrical conductivity and increased mechanical performance.

The new elastomer mixing capability joins the current elastomer moulding and testing facilities that are already on site at Haydale in Loughborough, UK, thereby bringing in-house the facility for Haydale to serve customer requirements for nanomaterial enhanced elastomer development.

Scientists have unveiled Juno: a three-and-a-half-meter wide graphene-skinned aircraft that was given its first public airing on the North West Aerospace Alliance (NWAA) stand as part of the ‘Futures Day’ at Farnborough Air Show. Haydale has supplied the enhanced prepreg material used to make the Juno.

The unmanned vehicle was developed in a partnership between Haydale, an aerospace engineering team from the University of Central Lancashire, the Sheffield Advanced Manufacturing Research Center and the University of Manchester's National Graphene Institute. The partners have been working on the project to get the super lightweight plane ready for action. Billy Beggs, UCLan’s Engineering Innovation Manager, said: The industry reaction to Juno at Farnborough was superb with many positive comments about the work we’re doing". Having Juno at one the world’s biggest air shows demonstrates the great strides we’re making in leading a program to accelerate the uptake of graphene and other nano-materials into industry". He added: The program supports the objectives of the UK Industrial Strategy and the University’s Engineering Innovation Centre (EIC) to increase industry relevant research and applications linked to key local specialisms. Given that Lancashire represents the fourth largest aerospace cluster in the world, there is perhaps no better place to be developing next generation technologies for the UK aerospace industry.

Haydale, the global advanced materials group, has announced that strong commercial progress has been made with an unspecified global composite materials group to enhance mechanical properties for selected products in their range of materials, through a commercially funded contract.

Over the last 12 months, Haydale has completed a series of pre-production trials for this customer (who for commercial reasons cannot be named) to enhance these selected products' mechanical performance through the incorporation of graphene in a range of world-wide industrial applications. Haydale reports that to date, it has been paid approximately $150,000 USD by the Customer for these trials.