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Pin to quick picksDirecta Plus Regulatory News (DCTA)

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Grant Award for Industrial Filtration

29 Nov 2021 07:00

RNS Number : 7993T
Directa Plus PLC
29 November 2021
 

29 November 2021

 

Directa Plus plc

("Directa Plus" or the "Company")

 

Grant Award from TECH FAST Lombardy for Industrial Filtration

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, announces that it has won a project tender from the state of Lombardy's TECH FAST programme for accelerating innovation processes by Lombardy based companies. The project will last for 12 months and has a total value of €294,058, of which 50 per cent. is non-refundable. The project will commence immediately.

 

The project is titled 'GRAFYLTER: Eco-innovation for antibacterial and antiviral industrial filtration using graphene-enhanced filters' and will see the Company develop applications for G+® graphene in industrial filtration, such as for air-conditioning or transportation filters, which have antibacterial and antiviral properties. It will include the sanification of G+® filters using infrared radiation or electrical heating. 

 

GRAFYLTER will exploit the deep know-how and experience acquired by Directa Plus over the last two years for the production of its Co-Mask® line of face masks, leveraging the entire value chain, from raw materials major supplier to final customers and will include support from the University Cattolica of Rome.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "This project will fund us to develop specific applications of our technology for industrial filtration markets, building on the work we have already done to launch our range of anti-viral and anti-bacterial face masks and filters. Industrial filtration could be an important new market for our sustainably produced products."

 

For further information please visit http://www.directa-plus.com/ or contact:

 

Directa Plus plc

+39 02 36714458

Giulio Cesareo, CEO

Giorgio Bonfanti, CFO

Cenkos Securities plc (Nominated Adviser and Joint Broker)

+44 131 220 6939

Neil McDonald

Adam Rae

 

Singer Capital Markets (Joint Broker)

+44 20 7496 3069

Rick Thompson

Phil Davies

 

Tavistock (Financial PR and IR)

+44 20 7920 3150

Simon Hudson

Heather Armstrong

 

 

About Directa Plus

Our focus is principally on the two sectors in which we have strong commercial advantage through developed and launched products and a technological lead: environmental (based on our Grafysorber® product), textiles (based on our G+® products) and, more recently, lithium-sulphur batteries. In addition, we will continue to pursue opportunities in elastomers and composites (including tyres and asphalt), also using our G+® products. All our products are hypoallergenic, non-toxic and sustainably produced. Directa Plus holds the Green Economy Mark from London Stock Exchange which recognises companies that contribute to the global green economy.

 

-ends-

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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