Haydale Graphene Industries PLC Funding Awarded to Develop Airbus Space Technology
04 September 2019 - 8:01AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
04 September 2019
For immediate release 04 September 2019
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Haydale Awarded Funding to Develop Airbus Approved Space
Technology
Haydale, (AIM: HAYD), the global advanced materials group, has
been awarded a contract by the European Space Agency (ESA), which
is seeking to develop non-metallic gas tanks for spacecraft
propulsion systems in a. technology de-risking project.
The demand for small satellite launches has created a challenge
within the existing space propulsion supply chain for low-cost
reliable components. With the constellation market set to increase
rapidly, the development of components that meet these criteria is
critical. Haydale's non-metallic system offers a low-cost
alternative with reduced lead time that can be offered in a wider
range of configurations to exactly suit the end user
requirement.
Haydale will formulate and model a largely de-risked tank, prior
to the manufacture of development models for full testing. This
will result in the qualification for specific Spacecraft Propulsion
Systems.
Prominent producers of Satellite technology have been identified
and are engaged in developing the specification and tank design for
eventual manufacture and deployment.
Haydale will be working alongside ISP International Space
Propulsion Ltd through ESA ARTES Competitiveness & Growth, in
conjunction with UK Space Agency.
Keith Broadbent, CEO, Haydale, said: "This funding will allow
Haydale to develop existing knowledge in the space industry and we
look forward to developing the technology alongside our partners.
We are pleased to have gained the support of the Airbus DS Tank
Product Group who are interested in the development of competitive
non-conventional pressure vessel products, and can provide clear
design drivers thanks to their invaluable expertise. With the UK
space market growing, Haydale is delighted to be part of this
progression."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, CEO Tel: +44 (0) 1269 842 946
Gemma Smith, Global Head of Marketing www.haydale.com
Arden Partners plc (Nominated Adviser
& Broker)
Ruari McGirr / Paul Shackleton / Tel: +44 (0) 20 7614 5900
Ben Cryer
Notes to Editors
Haydale is a global technologies and materials group that
facilitates the integration of graphene and other nanomaterials
into the next generation of commercial technologies and industrial
materials. With expertise in graphene, silicon carbide and other
nanomaterials, Haydale is able to deliver improvements in
electrical, thermal and mechanical properties, as well as
toughness. Haydale has granted patents for its technologies in
Europe, USA, Australia, Japan and China and operates from six sites
in the UK, USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
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END
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