Source - Alliance News

Haydale Graphene Industries PLC - Ammanford, Wales-based graphene technology company - Collaborates with Cadent Gas Ltd and Energy Innovation Centre to develop graphene ink-based heaters for low-power hot water. The £135,000 project is three-stage for initial 15 month period in order to develop an operational pre-product prototype.

Project hopes to offer low-power option heating for water which is less costly than other gas-free alternatives such as fan heaters and hot plates. Will incorporate Haydale’s patented HDPlasO process which allows nanomaterials to disperse efficiently, altering the surface chemistry to improve physical and electrical properties.

Haydale Chief Executive Officer Keith Broadbent says: ‘We look forward to working with Cadent and the Energy Innovation Centre on the use of functional graphene inks in the energy supply market. Our graphene-based heater technology offers the potential of a low-power solution for use in people’s homes to keep them safe and warm when there is an interruption to supply.’

Current stock price: 4.85 pence, up 1.0% on Thursday

12-month change: down 37%

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