Advanced materials developer Versarien said it had signed a commercial partnership agreement with textile-sector company MAS Innovation. The agreement followed a letter of intent between the parties, announced on 26 July, which set out their intent to enter into a formal commercial partnership. The agreement set out the basis under which the parties would secure commercial orders for garments developed using Versarien's proprietary graphene ink materials. It allowed both parties to finalise additional contractual terms with third party brands. 'The is the first demonstration of our graphene commercialisation strategy with a major global partner moving from the stage of having a collaboration agreement, through signing a letter of intent, to entering into a full commercial partnership agreement,' chief executive Neill Ricketts said. 'We look forward to working with MAS and its customers to bring innovative graphene enhanced garments to the global marketplace.'
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