Haydale Graphene Industries PLC Next Phase with Viritech
21 März 2022 - 8:00AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
21 March 2022
REACH
For immediate release 21 March 2022
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Haydale and Viritech Continue to Work Together on the Future of
Hydrogen Power
Using Nanomaterials
Building on the Memorandum of Understanding (MOU) signed with
Viritech Limited ("Viritech") in September 2021, Haydale, (AIM:
HAYD), the global advanced materials group, is pleased to announce
the next phase with the cleantech engineering company to develop
nano-enhanced epoxy resins for hydrogen storage vessels. The
GBP97,750 Storage of Hydrogen and Nanomaterial Enhancement
('SHYNE') project will run for an initial period of seven months,
starting in March.
Haydale will focus on the design and development of new
materials and resins based on functionalised graphene using its
patented HDPlas technology intended for use in Type V hydrogen
storage tanks. The resin can act as a permeation barrier for the
storage vessel, but the functionalised graphene also potentially
offers greatly enhanced mechanical properties including impact and
interlaminar sheer to improve the overall performance of the
vessel.
The Type V design aims to deliver further weight savings for
applications in hyper car and heavy goods road vehicles. The
seven-month SHYNE project will focus on advanced materials
technology and methodology with the aim of bringing nano-enhanced
epoxy into the hydrogen storage market.
Keith Broadbent, Haydale CEO, said : "We are delighted to
continue our work with Viritech and, together, be leading the way
with ground-breaking hydrogen pressure vessel designs. The use of
graphene-enhanced materials offers great weight saving properties
and through functionalisation and advanced materials technology
their use in automotive and aerospace applications is expected to
speed up exponentially through this programme of work."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, CEO Tel: +44 (0) 1269 842946
Sarah Thomas, Marketing Manager Tel: +44 (0) 1269 507026
finnCap (Nominated Adviser & Broker)
Julian Blunt / Edward Whiley, Corporate Finance Tel: +44 (0) 20
7220 0500
Andrew Burdis, ECM
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 can 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
LinkedIn: Haydale-ltd
Twitter: @haydalegraphene
About Viritech Limited
Viritech is a cleantech engineering company, based at the
Horiba-MIRA automotive R&D facility in Nuneaton, with a mission
to become the world's leading developer of hydrogen powertrain
solutions for the automotive, aerospace, marine & distributed
power industries. For more information please visit:
www.viritech.co.uk
About Reach announcements
This is a Reach announcement. Reach is an investor communication
service aimed at assisting listed and unlisted (including AIM
quoted) companies to distribute non-regulatory news releases into
the public domain. Information required to be notified under the
AIM Rules for Companies, Market Abuse Regulation or other
regulation would be disseminated as an RNS regulatory announcement
and not a Reach.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAZVLFFLXLEBBK
(END) Dow Jones Newswires
March 21, 2022 03:00 ET (07:00 GMT)
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
Von Jul 2023 bis Jul 2024