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Pin to quick picksVersarien Share News (VRS)

Share Price Information for Versarien (VRS)

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Share Price: 0.106
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Versarien launches graphene-enhanced face mask

Mon, 03rd Aug 2020 09:22

(Sharecast News) - Materials engineering company Versarien announced the launch of its first graphene-enhanced protective face mask on Monday, which used its graphene-enhanced polymer 'Polygrene'.
The AIM-traded firm said the launch of the new mask coincided with the first two orders it had received, following recent pre-launch sales activity, which resulted in 100,000 masks being delivered to an unnamed "leading British university", and 20,000 ordered by an unnamed UK electrical and mechanical servicing and repairs business.

It said the mask, designed and manufactured with a Chinese partner, is a filtering facepiece rated 'FFP2', which was designed to help provide enhanced protection against airborne bacteria and to minimise the spread of viral infection.

It met the 'BS EN 149:2001+A1:2009' standard for respiratory protective devices, while its antibacterial performance was certified according to 'GB/T 20944.2.2007' and its anti-viral performance was certified according to 'ISO 18184:2014 (E)'.

As a result, the mast met the guidelines issued by the World Health Organization.

Versarien said the new mask was enhanced with a coated layer using 'Polygrene', which it described as an advanced graphene-based material featuring 'Nanene'.

The addition of graphene to polymers provided "many benefits", the board claimed, including allowing innovative products to be developed using existing production processes.

It said the Polygrene was blended with a "sustainably sourced" cellulose material mix.

"Our new graphene enhanced mask is just one example of Polygrene's versatility and the high-quality design specifications that can be met using the material," said chief executive officer Neill Ricketts.

"We have taken great encouragement from the initial level of interest and are already in discussions with a number of other potential customers. Importantly, through our partner, we also have the capacity to fulfil much larger numbers of product orders going forward."

At 1606 BST, shares in Versarien were up 12.2% at 46p.
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27 Jan 2023 09:07

Versarien gains OEKO-TEX Eco Passport for Graphene-Wear technology

(Alliance News) - Versarien PLC on Friday said it has secured OEKO-TEX Eco Passport certification for its Graphene-Wear technology.

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Versarien raises £1.85m in discounted placing

(Sharecast News) - Advanced materials engineering group Versarien said on Tuesday that it has raised £1.85m in a placing to continue its commercialisation work, mainly in the construction and leisure sectors, and for general working capital purposes.

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6 Dec 2022 10:44

IN BRIEF: Versarien places new shares to raise GBP1.9 million

(Alliance News) - Versarien PLC - Cheltenham, England-based engineering materials company - Announces placing to raise GBP1.9 million to continue commercialisation work in the construction and leisure sectors. The company says it placed 18.5 million new shares at a price of 10 pence per share. "These funds will allow the company to focus on the significant opportunities it is seeing in the construction and leisure sectors. While we will continue to review projects in other sectors, the board believes these two areas represent the best opportunities for near term commercial success," Chief Executive Officer Neill Ricketts says.

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5 Dec 2022 21:40

TRADING UPDATES: Sancus returns GBP1.6 million; Versarien's UK loan

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26 Sep 2022 10:26

IN BRIEF: Versarien signs commercial agreement with BiaBrazil

Versarien PLC - Cheltenham, England-based engineering materials company - Signs a commercial agreement with BiaBrazil, a Brazilian sports and active wear manufacturer. Deal will see Versarien's graphene-wear technology integrated in a new range of "women and men's active wear garments". The two companies have been working together for the past 16 months, including undertaking "extensive trials". The garments are expected to be available for sale in the first quarter of 2023.

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23 Sep 2022 15:58

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
30 Jun 2022 11:58

IN BRIEF: Versarien is re-certified under Graphene Council's programme

Versarien PLC - Cheltenham, England-based engineering materials company - Re-certified under the US-based Graphene Council's Verified Graphene Producer programme, saying this makes it the first graphene producer to achieve re-certification. The programme is an independent, third party verification system that involves a physical inspection of the production facilities, a review of the entire production process, a random sampling of product material and rigorous characterisation and testing by a leading, international materials laboratory.

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27 Jun 2022 17:52

IN BRIEF: Versarien launches new superparamagnetic material

Versarien PLC - Cheltenham, England-based engineering materials company - Launches new graphene-based hybrid nanomaterial with superparamagnetic properties, to be used in applications across electronics, sustainability and biotechnology. Development was led by its subsidiary, Gnanomat SL. The material combines graphene with iron oxide and manganese oxide nanoparticles to provide the material with its magnetic properties, the firm says.

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12 May 2022 14:42

IN BRIEF: Versarien narrows annual loss on graphene-loaded materials

Versarien PLC - Cheltenham, England-based engineering materials company - Annual pretax loss narrows to GBP5.1 million in financial year ended March 31 from GBP8.1 million a year ago. Firm boosted by a defence science and technology laboratory contract "focussed on understanding the benefits that graphene-loaded materials may bring to defence applications with group revenues," CEO Neill Ricketts explains. Customer testing continues to prove successful showing increased interest from global companies, he adds. Revenue climbs to GBP7.6 million from GBP5.7 million a year ago. Cash grows to GBP3.1 million from GBP2.4 million.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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