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

The International Space Elevator Consortium (ISEC) is proud to announce the 2014 Space Elevator Conference! This annual event will be held at the Museum of Flight in Seattle, Washington from Friday, August 22nd through Sunday, August 24th August 19th, 2014

KaSAM-2014 International Conference (September 7-10, 2014, Kathmandu, Nepal) August 19th, 2014

Success in Intracellular Imaging of Cesium Distribution in Plants Used for Cesium Absorption August 19th, 2014

Electrical engineers take major step toward photonic circuits: Team invents non-metallic metamaterial that enables them to 'compress' and contain light August 19th, 2014

Graphene

Graphene rubber bands could stretch limits of current healthcare, new research finds August 19th, 2014

New test reveals purity of graphene: Rice, Osaka scientists use terahertz waves to spot contaminants August 13th, 2014

Could hemp nanosheets topple graphene for making the ideal supercapacitor? August 12th, 2014

NANOPARTICLES INDIA August 8th, 2014

Investments/IPO's/Splits

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 August 12th, 2014

Aspen Aerogels, Inc. to Present at Canaccord Genuity 34th Annual Growth Conference August 11th, 2014

Harris & Harris Group Reports Financial Statements as of June 30, 2014 August 10th, 2014

Announcements

Сalculations with Nanoscale Smart Particles August 19th, 2014

Life on Mars? Implications of a newly discovered mineral-rich structure August 19th, 2014

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Electrical engineers take major step toward photonic circuits: Team invents non-metallic metamaterial that enables them to 'compress' and contain light August 19th, 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