3 Feb 2021 07:00
3 February 2021
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Directa Plus plc
("Directa Plus" or the "Company")
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EU grant received to further enhance Covid resistant face-masks
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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 received a grant as part of the European Union's Horizon 2020 research and innovation programme.
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The grant has a total value of €100,000, on a non-refundable basis, and covers a project which is expected to be concluded within the next 8 months.
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As part of the Inno4Cov-19 Project, the grant will be used to assist Directa's research into using graphene technology to help prevent the spread of Covid-19. This will build on Directa's work undertaken during 2020 to develop the G+® face-mask and G+® filtering system.
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The main technical targets of the projects are:
· To undertake the extensive testing and improvement needed to qualify and market G+ enhanced surgical masks (compliant to European Standard EN 14683)
· The development of new biodegradable G+® enhanced filters
· Development of a sanification process for the face-mask using household items such as an iron or a hairdryer
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Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "We are very proud of Directa's contributions so far to the fight against Covid-19.
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"In conjunction with our research partners we have proven that graphene enhanced materials can hinder the spread of Covid more effectively than other fabrics.
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"This grant will allow us to invest further and faster in improving the properties of our face-masks, allow us to supply them into clinical settings, and improve the environmental sustainability of their production."
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For further information please visit www.directa-plus.com or contact:
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Directa Plus plc | +39 02 36714458 |
Giulio Cesareo, CEO | Â |
Marco Ferrari, CFO | Â |
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Cenkos Securities plc (Nominated Adviser and Joint Broker) | +44 131 220 6939 |
Neil McDonald Pete Lynch | Â |
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N+1 Singer (Joint Broker) | +44 20 7496 3069 |
Rick Thompson Phil Davies | Â |
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Tavistock (Financial PR and IR) | +44 20 7920 3150 |
Simon Hudson Edward Lee | Â |
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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) and textiles (based on our G+® products). 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.
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