UK-based planarTECH has announced an agreement with Thailand-based IDEATI to market and distribute its 2AM line of graphene-enhanced bullet-proof vest and ballistic plate products for body armor.
IDEATI’s 2AM products are now in mass production for delivery to the Royal Thai Army, which has certified the products per National Institute of Justice (NIJ) standards. International testing is now underway. Minimum order quantity is 1,000 units with a lead time of 90 to 120 days.
J. Patrick Frantz, Founder & CEO of planarTECH commented: planarTECH has been involved in the development of 2AM technology from its inception and we’re very pleased to see that it has finally achieved commercial viability and become a commercial product for sale in the market. We want to support the sales of this technology through our own networks and are already actively engaging potential customers in the USA, UK, Israel, Turkey, Saudi Arabia, India and China. We also believe that this technology has other applications beyond personal body armor, which we are currently exploring.
Ted P. Thirapatana, Director of IDEATI states: We are very proud to have co-developed this cutting-edge graphene technology in Thailand and that our 2AM light-weight bullet-proof material for ballistics and high-impact applications is now ready for sale in the global market. We recognize planarTECH as a leader in the graphene industry and we’re looking forward to using its international network to enhance our own sales efforts starting with a revolutionary bullet-proof vest.
PlanarTech is currently running an equity crowdfunding campaign on Seedrs, as part of Graphene-Info's Graphene Crowdfunding Arena. planarTECH aims to expand its current business and also initiate new graphene endeavors. Investors are now able (and welcome!) to participate in this financing round, already at 50%!