RNS Number : 0450H
Applied Graphene Materials PLC
08 March 2018
Applied Graphene Materials plc
("Applied Graphene Materials", "AGM" or "the Group")
AGM collaborates with SHD and Magna Exteriors on the W Motors Fenyr SuperSport car
Applied Graphene Materials, the producer of specialty graphene materials, is pleased to announce the first result of its collaboration with Magna Exteriors ("Magna") and SHD Composites Limited ("SHD") on the W Motors Fenyr SuperSport tailgate. The product is being presented by Magna at the 2018 JEC conference in Paris.
The collaboration has seen Magna enhance the tailgate of W Motors' performance-focused supercar using AGM's graphene-enhanced Epoxy Prepreg, supplied by AGM's commercial partner SHD.
This development follows the launch of a range of AGM graphene enhanced prepreg materials by SHD in March 2017, with SHD subsequently developing an industry-leading graphene enhanced epoxy prepreg system - MTC9810. MTC9810 is a tangible demonstration of the ease by which AGM's "process-ready" graphene dispersions can be adopted by the composites industry, with minimal disruption to existing manufacturing routes, and deliver cost effective performance gains. MTC9810 is supported by a strong mechanical database that exhibits outstanding mechanical properties, particularly in fracture toughness, interlaminar shear strength and fatigue life.
Included in Magna's design, the MTC9810 prepreg aims to mechanically enhance the W Motors Fenyr SuperSport tailgate by offering increased torsional stiffness, interlaminar shear strength and laminate fracture toughness, in addition to improved surface finish, in-service fatigue life and enhanced properties under hot and wet conditioning.
This first successful collaboration project has enabled the team to develop a strong baseline knowledge to take graphene technology even further. The long-term aim of the collaboration team is to build on the delivered baseline mechanical enhancements and ultimately move towards designing in many of graphene's multi-functional capabilities on future joint development programs, to offer additional benefits such as extended life moisture barrier performance, conductivities and even energy storage.
Jon Mabbitt, Chief Executive Officer of Applied Graphene Materials, said:
"I am delighted that AGM graphene enhanced composite materials have been showcased on automotive end products at the JEC. We are confident that AGM's graphene can deliver significant benefits to the composites sector and we are pleased to be making progress towards application in a number of end industries through our valuable collaborations with industry partners such as SHD and Magna."
Dr. Joseph J. Laux, Global Director of Material Science - Exteriors, Magna Exteriors, said:
"Graphene represents an exciting new technology and early application successes require strong and open collaboration. Our Global Materials Science Group selected working with AGM, and adopting SHD's prepreg material, because of their early innovation lead and undoubted commitment to support on-going materials developments and technology optimisation."
Applied Graphene Materials launches the Genable platform for the incorporation of graphene into coatings formulations
Applied Graphene Materials logoApplied Graphene Materials has announced the launch of the Genable platform dispersion technology for the incorporation of graphene into coatings formulations. This launch reportedly Follows 3 years of development work, driven by direct engagement with global industry partners. Applied
Achieving the consistent and successful incorporation of graphene into existing manufacturing processes and formulations is well recognized as a challenge for companies seeking to incorporate graphene nanoplatelets in their products. The materials technology behind AGMs Genable range has been developed to address this critical area. Genable dispersions are said to achieve long term stablity and are designed to be delivered easily into existing manufacturing processes.
Available from stock, Genable dispersions are supplied in epoxy resins, a range of industry standard carrier solvents (butyl acetate, xylene, MEK, ethyl acetate), as well as water. Genable dispersions are also supported by application guidelines, extended performance datasets and considerable formulation know-how within AGMs Technical Group.
The key market area delivering early success for AGM is the application of graphene materials into anti-corrosion barrier coatings, specifically aimed at providing step-change delays in the time to corrosion onset under extended and harsh environmental weathering conditions. Major improvements in anti-corrosion performance can be achieved at very low addition levels, and will have significant implications in reducing total costs associated with the application, maintenance and repair of many industrial coating systems.
Unexpected retirement of the CEO announced today. No successor lined up.
Some dreadful corporate waffle in the RNS announcement.
Either he smelt something fishy that they dont want investors to know, or it is merely incompetent PR.
By StockMarketWire | Wed, 3rd January 2018 - 07:40
Applied Graphene Materials' board remains pleased with the progress that the group is making, shareholders at today's annual general meeting will be told.
Chairman Bryan Dobson will say: 'The board remains pleased with the progress that the group is making towards the commercialisation of its products and proprietary technologies; funding customer collaborations and joint development activity as well as continuing to target further production orders.
'Following on from our initial production orders the business secured additional production orders in 2017. Whilst the magnitude of these orders is not large, they represent important milestones in the development of the company.
'The number of active engagements increased significantly in the year and currently stands at around 100.
'Targeting further additional production orders remains the greatest ongoing priority for the Group, as we focus on converting these additional opportunities into production orders.
'Following the equity raise in October 2017, the group is well funded as it seeks to capitalise on these opportunities.'
Read the rns placining at 36p with a book build then a open offer to all qualifying shareholders at record date nothing underhand here, but in my experience you will get them at that price or cheaper has the price drifts to that price anyway.
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