What it does
Applied Graphene Materials PLC's (LON:AGM) products include graphene nanoplatelets, thin stacks of graphene used to enhance the properties of certain materials, its Genable dispersion technology used for coating or painting graphene onto surfaces, and multiple pre-dispersed forms of graphene for use by various industries.
Graphene has multiple properties that make it useful to industry, including protecting materials against atmospheric, marine or chemical elements as well as improving thermal of electrical conductivity.
How it is doing
In August, the firm started trading on the US OTCQB Venture Market (OTCQB), though it will have no impact on existing AGM ordinary shares admitted to trading on the AIM Market of the London Stock Exchange.
Over the summer it signed four distribution deals covering Canada, Germany, Spain, France, Portugal, The Netherlands, Belgium, Luxemburg, Greece, Italy, South Africa, Scandinavia and Japan.
What the boss says: Adrian Potts, chief executive
"AGM is building a strong international commercial profile including in the U.S. where we see significant potential for our product offering, in addition to the recent signing of a distribution agreement with Maroon Group, LLC, and so we are also delighted to be joining the OTCQB Market, with a view to increasing our visibility to the investment community, broadening our shareholder base and improving liquidity."
- Company relatively unaffected by coronavirus disruption
- Cash runway until the fourth quarter of 2021
- Products using graphene now appearing in growing numbers
AGM's chief executive Adrian Potts says there is lots of activity underway in the young industry.
He is in no doubt graphene is the “wonder material” that it has been dubbed ever since it was first discovered by researchers in one of the University of Manchester’s labs back in 2004.
The list of potential applications is seemingly endless: it could be used in planes to make them lighter and improve fuel efficiency or mixed with paint to prevent rust, while Head has already designed a graphene-enhanced tennis racquet.
“The aim is to join the dots between graphene and its application in any relevant industry.”