(Alliance News) - Directa Plus PLC on Wednesday said that it has signed a deal with an unnamed Italian innovator to buy the technology for a system capable of preparing tailored graphene compounds.
According to the London-based graphene product maker, this technology will initially be used in batteries and polymers.
It explained that the acquired know-how and technology would help to enable the dry encapsulation of G Plus graphene nanoplatelets into different compound carriers for different exacting applications.
"Batteries and polymers are two important future markets for Directa Plus and whilst we continue to focus on our core markets of Environmental Remediation and Textiles, it is important to maintain development of these new G Plus graphene compounds," said Chief Executive Officer Giulio Cesareo.
"The acquired technology accelerates our route to market by combining our proven G Plus technology with a complementary system to produce market ready low cost solutions for batteries and polymers."
Directa Plus shares were trading 2.0% higher at 25.50 pence each in London on Wednesday at noon.
By Holly Beveridge, Alliance News reporter
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Directa Plus (DCTA)