Haydale - Page 10

Haydale announced that the company's revenues for FY2018 (which will end on June 2018) are expected to be around 15-20% higher the revenues generated in FY2017 (£3.0 million). This excludes grant income of around £0.85 million in FY2018.

This is lower than what the company expected earlier, and the company's loss will be about the same as in FY2017. At the end of May 2018, Haydale had £5.6 million in cash and equivalents.

The Aerospace Technology Institute (ATI) and the National Graphene Institute (NGI) at The University of Manchester have published a joint paper on the potential of graphene in aerospace, or more precisely the potential market opportunities available to UK aerospace companies. Organizations that also worked on the paper included the University of Central Lancashire, the Center for Process Innovation, QinetiQ, Morson Projects Limited and Haydale with input from Ekosgen.

The safety and performance properties of aircraft could be significantly improved by incorporating atomically-thin graphene into existing materials used to build planes, while the reduced weight of the material could have a positive impact on the fuel efficiency of the aircraft and, as result, the environment.

Haydale Technologies (Korea) has signed an annual supply agreement for specific functionalized graphene nanoplatelet (GNP) material with River Runs, a Korean manufacturer of high-performance fishing rods and reels.

The graphene-based material has been incorporated in a carbon fiber prepreg to produce graphene-enhanced carbon fiber fishing rods for sale in both domestic and overseas markets. River Runs has reported a significant increase in mechanical gain.

Haydale announced its financial interim results for the first half of FY2018 (ended on December 31st). Haydale reports revenues of £2.49 million, up 67% from the first half of FY2017.

The group's loss from operations was £2.2 million (down from £2.4 million a year ago). At the end of December 2017 the company had £8.0 million in cash and equivalents.

Haydale will be demonstrating real-life applications of its lightweight graphene-enhanced prepregs at JEC World. Graphene-enhanced prepreg offers significant weight reduction and improved structural performance. This is expected to be of considerable interest to the automotive, sports and leisure and tooling industries.

On display will be: graphene-enhanced carbon fiber composite rear wheel arch made with thermally enhanced tooling; demisable fuel tank for use in the satellite industry; next generation graphene-enhanced bicycle frame; graphene-enhanced payload sent to the edge of space. Also, other components will be displayed, like Haydale’s latest advancements in graphene enhanced 3D filament and pellets aimed at improving the speed, strength, quality and accuracy of 3D printed products.

Haydale Graphene Industries, the global advanced materials group, has announced that Haydale Technologies Taiwan (‘HTW’) has signed a supply agreement for specific graphene-based and other specialty inks to Graphene Platform (‘GPC’), Tokyo, Japan.

GPC will brand the inks as GP Graphene Ink, which will be specifically targeted to the printed electronics market primarily in Japan, but with the potential to target other Asian countries where there is also a significant market.

Haydale Graphene Industries has provided an update on trading for the six months ended 31 December 2017, as well as the general progress updates.

The main highlights include the report that Haydale is on track with its strategy and trading is in line with market expectations for the full year to 30 June 2018. The creation of two Strategic Business Units (‘SBU’) with respective senior management teams to drive sales and realize geographic potential has reportedly led to an uptake in sales and commercial opportunities.

UK-based advanced materials group Haydale Graphene Industries has entered into a commercial supply and development agreement with Australian-listed Talga Resources. The agreement will see the two companies work together on the production, sales and marketing of jointly developed graphene-based transparent conductive ink products for industrial applications in Asia.

The two companies have been working together for a few years, and will now look to enhance the properties of Haydale’s graphene-based, transparent conductive ink by using Talga’s highly conductive graphitic materials. Initial tests showed that Talga’s material can enhance electrical conductivity of Haydale's transparent inks by 15% or more above that of synthetic graphite.

Researchers at the University of Central Lancashire (UCLan) are exploring the practical applications of graphene in the space industry. In a recent experiment, they launched specially-designed graphene-enhanced carbon fiber material into near space using high altitude balloons.

By comparing a graphene-enhanced carbon fiber to a standard carbon fiber casing, the researchers will be able to test how both react to extreme conditions in space. They will then compare the results to determine how graphene can be utilized for aerospace applications.

Haydale, the global advanced materials group, has filed a patent application in the UK for a its PATit anti-counterfeiting technology, which uses proprietary software codes and a specialty graphene-based, transparent conductive ink. The graphene-based ink can be printed onto products and then ‘read’ by a device to prove their authenticity

The advanced materials group stated that it wants to initially target the anti-counterfeiting market as it is expected to double over the next four years to be worth more than US$200 billion by 2021. Haydale added that the filing of the application is an important in allowing it to begin discussions on potential commercial applications of the technology.