Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Durham Graphene Science to go public and raise $16 million, changes name to Applied Graphene Materials

Abstract:
UK's Durham Graphene Science announced plans to go public, and raise up to £10 million (about $16 million) on the UK's AIM stock exchange. The company is also changing its name to Applied Graphene Materials (AGM). They will use the funds to increase production capacity and accelerate commercial opportunities with partners. If successful, AGM will be the world's first pure-graphene company to go public. This will be one interesting IPO to watch!

Durham Graphene Science to go public and raise $16 million, changes name to Applied Graphene Materials

Newcastle upon Tyne, UK | Posted on October 17th, 2013

AGM says that trading is expected to begin next month. The company hopes to achieve a market value of £25 million ($40 million). The company, a spin-off from Durham University, developed a unique and scalable bottom-up CVD approach to synthesize graphene. Their current annual production capacity is one tonne of graphene (I'm assuming these are graphene flakes). The company will upgrade its plant to eight ton capacity (this will take about 18 months).

Interestingly, the company's CEO, Jon Mabbit, posed for the photo you see above, holding Head's YouTek Graphene Speed tennis racket. Those rackets, announced in the beginning of 2013, supposedly use graphene to make the shaft stronger and lighter. I'm guessing this photo more or less confirms that AGM is supplying the graphene material to Head. In any case, Head is offering five different YouTek Graphene Speed models, ranging from $170 to $286.

In June 2013 AGM qualified their graphene production process. Earlier in 2012, they raised $1.8 million in its seed round of financing in February 2012 (valuation was about $3.5 million).

####

For more information, please click here

Copyright © graphene-info.com

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related Links

To read the original release at graphene-info.com:

Related News Press

News and information

New research project supports internationalisation in nano-research: Launch of new “Baltic Sea Network” November 22nd, 2014

3rd Iran-Proposed Nano Standard Approved by International Standard Organization November 22nd, 2014

NMTI announces breakthrough solutions for HAMR nanoantenna for next-generation ultra-high density magnetic storage November 21st, 2014

Canatu Launches CNB In-Mold Film for Transparent Touch on 3D Surfaces –in Cars, Household Appliances, Wearables, Portables November 20th, 2014

Graphene

Graphene/nanotube hybrid benefits flexible solar cells: Rice University labs create novel electrode for dye-sensitized cells November 17th, 2014

Graphene Frontiers Partners with Madico to Accelerate Material Production: Deal to ignite and fulfill demand for industrial scale graphene film that supports energy, consumer electronics, membranes/filtration, solar and other applications November 12th, 2014

Pseudospin-driven spin relaxation mechanism in graphene November 11th, 2014

Drexel Engineers Improve Strength, Flexibility of Atom-Thick Films November 11th, 2014

Investments/IPO's/Splits

Nanometrics Announces Upcoming Investor Events November 19th, 2014

Eight19 secures £1m funding: Investment to develop production technology, and expand commercial activities for organic photovoltaics November 19th, 2014

Arrowhead to Present at Upcoming Conferences November 15th, 2014

Harris & Harris Group Reports Financial Statements as of September 30, 2014 November 11th, 2014

Announcements

New research project supports internationalisation in nano-research: Launch of new “Baltic Sea Network” November 22nd, 2014

3rd Iran-Proposed Nano Standard Approved by International Standard Organization November 22nd, 2014

NMTI announces breakthrough solutions for HAMR nanoantenna for next-generation ultra-high density magnetic storage November 21st, 2014

Nano Sorbents Able to Remove Pollutions Caused by Oil Derivatives November 20th, 2014

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More












ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE