Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVersarien Share News (VRS)

Share Price Information for Versarien (VRS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 35.70
Bid: 35.55
Ask: 35.80
Change: -0.30 (-0.83%)
Spread: 0.25 (0.70%)
Open: 35.55
High: 36.20
Low: 35.40
Yest. Close: 36.00
VRS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Versarien Says It Has Made "Major Advance" In Graphene Production

Thu, 11th Jun 2015 07:21

LONDON (Alliance News) - Engineering materials company Versarien PLC said Thursday its graphene development subsidiary 2-DTech has made a "major advance" in graphene platelet production, which it believes will accelerate the potential commercial applications for graphene and graphene products.

Graphene is a pure carbon material that is very thin, at one atom thick, but also very strong and able to conduct heat and electricity efficiently.

The company said that 2-DTech has developed its own technique for graphene production founded on a licenced process from the University of Ulster, which Versarien believes "offers numerous advantages over the conventional graphene manufacturing solutions currently on the market."

"We are now planning to commence production and by utilising our existing production facilities we expect to lower our graphene production costs," said Chief Executive Officer Neill Ricketts in a statement. " We now look forward to increasing capacity to meet the demand for high quality supplies to complement our existing forms of graphene production," Ricketts added.

Versarien will announce its full year results July 21, and said it is expected to report results "broadly" in line with market expectations, with revenues of around GBP5 million. According to Morningstar, Charles Stanley Securities expects Versarien to post a full year pretax loss of GBP500,000.

Shares in Versarien are trading up 15.2% at 16.70 pence Thursday morning, one of the best-performing stocks in the AIM All-Share index.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News

AIM WINNERS & LOSERS: Versarien shares rise as Graphene Lab invests

AIM WINNERS & LOSERS: Versarien shares rise as Graphene Lab invests

9 Apr 21 11:17

Versarien shares rise as Graphene Lab invests GBP1.9 million

Versarien shares rise as Graphene Lab invests GBP1.9 million

9 Apr 21 09:40

Versarien gets £1.9m investment from Graphene Lab

(Sharecast News) - Versarien said South Korea's Graphene Lab had made a £1.93m strategic investment in the company as part of an agreement for the companies to work together.

9 Apr 21 07:55

IN BRIEF: Versarien Graphene Enhanced Mask Passes FFP3 Testing

IN BRIEF: Versarien Graphene Enhanced Mask Passes FFP3 Testing

9 Feb 21 12:16

DIRECTOR DEALINGS: AJ Bell, Draper Espirit And Versarien Execs Sell

DIRECTOR DEALINGS: AJ Bell, Draper Espirit And Versarien Execs Sell

22 Jan 21 13:27

Versarien Interim Loss Widens But Excited To Start Sale Of Face Masks

Versarien Interim Loss Widens But Excited To Start Sale Of Face Masks

21 Jan 21 12:19

LONDON AIM WINNERS & LOSERS: Quadrise Rises After MSC Agreement

LONDON AIM WINNERS & LOSERS: Quadrise Rises After MSC Agreement

21 Jan 21 10:41

UK EXECUTIVE CHANGE SUMMARY: Premier Oil And DP Poland Board Changes

UK EXECUTIVE CHANGE SUMMARY: Premier Oil And DP Poland Board Changes

7 Jan 21 16:02

Versarien taps Dr Stephen Hodge for chief technical officer role

(Sharecast News) - Advanced materials engineering group Versarien has tapped Dr Stephen Hodge to take over as chief technical officer.

7 Jan 21 08:19

UK TRADING UPDATE SUMMARY: Lekoil Fires Back At Shareholder Metallon

UK TRADING UPDATE SUMMARY: Lekoil Fires Back At Shareholder Metallon

22 Dec 20 18:06

Versarien acquires IP and assets from Hanwha Aerospace

(Sharecast News) - Engineering group Versarien has agreed to acquire certain graphene production-related assets and intellectual property from South Korean firm Hanwha Aerospace.

22 Dec 20 08:02

Versarien Wins Development Agreement With UK Ministry Of Defence

Versarien Wins Development Agreement With UK Ministry Of Defence

24 Nov 20 16:21

Versarien wins £1.95m development deal with MoD laboratory

(Sharecast News) - Materials engineering company Versarien announced on Tuesday that it has been awarded a product development agreement for £1.95m by the Defence, Science and Technology Laboratory (DSTL), a part of the Ministry of Defence.

24 Nov 20 12:32

UK TRADING UPDATE SUMMARY: ReNeuron Plans Fundraise To Support Study

UK TRADING UPDATE SUMMARY: ReNeuron Plans Fundraise To Support Study

23 Nov 20 19:09

IN BRIEF: Versarien Notes Study Of Graphene Materials Against Covid-19

IN BRIEF: Versarien Notes Study Of Graphene Materials Against Covid-19

18 Nov 20 19:32

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.