Haydale Graphene Industries PLC Feasibility Study Award
06 April 2021 - 8:00AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
06 April 2021
REACH
For immediate release 06 April 2021
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Haydale Awarded Feasibility Study to Support Future of Green
Automotive Manufacturing
Haydale, (AIM: HAYD), the global advanced materials group, is
pleased to announce that it has been awarded funding of GBP138,549
to develop hydrogen fuel cell tanks by the Advanced Propulsion
Centre (APC).
To support the future of green automotive manufacturing and
accelerate the UK's transition to net- zero emission vehicles, the
Advanced Propulsion Centre (APC) has guided GBP9.4 million in
public funding to 22 feasibility studies looking to scale up the
industrialisation of low-carbon emission vehicle technologies.
In the second round of funding, awarded as part of the APC's
Automotive Transformation Fund (ATF), the 22 studies will explore
the feasibility of UK-based battery production, the development of
motors & drives and fuel cell technologies, as well as
recycling solutions.
Storing hydrogen requires high-strength durable containers for
safe operation in vehicles. This project will assess the
suitability of Haydale Composites Solutions' promising lightweight,
low-permeability storage tank, which could help to unlock the
pathway to hydrogen propulsion. Under its feasibility study, 'ATF:
moving the UK automotive sector to zero emissions', Haydale's
functionalised graphene enhanced materials will be used to decrease
manufacturing time and rejection rate, as well as to provide
uplifts to permeability, toughness, and impact resistance.
Keith Broadbent, Haydale CEO, added: "We see hydrogen tank
development as a key technology area going forward. Following
commercially focused research and development in this area, we
continue to advance our functionalisation process to help create
high-strength durable hydrogen tanks."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, CEO Tel: +44 (0) 1269 842 946
Gemma Smith, Global Head of Marketing
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
through its state-of-the-art functionalisation. Haydale has granted
patents for its technologies in Europe, USA, Australia, Japan and
China and operates from five sites in the UK, USA and the Far
East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
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