Versarien - Page 13

The British company 2-DTech, maker and supplier of 2D materials that was spun-off by the University of manchester, started selling graphene in water dispersible form.

The company developed a technique which makes it possible to manufacture graphene products in a solution using water and isopropanol (IPA). This should have various commercial and logistical benefits, and hopefully assist in bringing forth developemnts and innovations in graphene applications.

The UK based 2-DTech, maker and supplier of 2D materials and University of Manchester spun off start-up has signed a Memorandum of Understanding to become a project partner of the National Graphene Institute (NGI).

The agreement will allow 2-DTech to work from the NGI facility upon its completion in March 2015, and is hoped to push forward graphene applications development and commercialization and help cultivate this relationship into a strategic partnership in the future.

A couple of weeks ago we reported that Versarien acquired 2-DTech (a subsidiary of the University of Manchester) for £440,000 (around $740,000). The University of Manchester now announced that the deal is complete, and that Versarien actually acquired 85% of the company (the rest is probably still owned by the University).

The University updated that Versarien will also set up an intellectual property and research collaboration with the University, initially investing some £300,000 ($500,000) in two projects.

Update: the deal is now complete, and Versarien acquired 85% of 2-DTech

Advanced engineering materials maker Versarien announced that it acquired 2-DTech (a subsidiary of the University of Manchester) for £440,000 (around $740,000) in cash and ordinary shares.

2-DTech makes and supplies 2D materials, including CVD-made graphene, graphene platelets, graphene oxide and other 2D materials. The company also offers prototyping of graphene based devices. One of 2-DTech suppliers is Graphene Industries.