Versarien Share Discussion Threads

[the fat controller] 02/7/2018 07:07

Further pressure on Chinese provinces to get a deal done.
TFC

[club sandwich] 02/7/2018 07:07

"and other Versarien supplied two-dimensional materials"

Hexotene? MoS2? I'm all agog...

[senden11] 02/7/2018 07:06

A truly excellent start to the week - Well done the VRS team!!!

[shammytime] 02/7/2018 07:04

First order received from China. It starts now.... $$$

[club sandwich] 02/7/2018 07:02

RNS Number : 1599T
Versarien PLC
02 July 2018

Versarien plc

("Versarien" or the "Company")

Battery Technology Update

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to provide an update on its activities in relation to graphene enhanced power storage devices such as batteries and supercapacitors. The primary goal of incorporating graphene into these devices is to significantly increase power storage capacity and reduce charging times.

Versarien has been working with WMG (Warwick Manufacturing Group) and their partner companies and scientists at the universities of Warwick and Cambridge to collaborate on the production of power storage devices such as batteries and supercapacitors using Versarien's proprietary Nanene graphene nano platelets. Significant advances have been made through incorporating the Company's high quality graphene into these devices and the Company looks forward to commercial products becoming available in due course.

The relationship with WMG has now been supplemented by a number of other agreements that provide Versarien with access to both leading technology providers and manufacturing expertise, both in the UK and overseas, including China.

Zap&Go

Versarien is pleased to announce that it has entered into a collaboration agreement with ZapGo Ltd ("Zap&Go"), a high technology business focussed on developing a new class of energy storage device with considerable functional improvements over current commercially available supercapacitors. Zap&Go's technology and growing patent portfolio is in part derived from Oxford University research, and in part developed independently by Zap&Go's own scientists. Zap&Go work with a number of Chinese partners to manufacture their technology.

Versarien and Zap&Go have agreed to collaborate on research and development projects involving the incorporation of Versarien's proprietary Nanene few layer graphene nano-platelets and other Versarien supplied two-dimensional materials into Zap&Go's supercapacitor type devices with a view to enhancing their performance, specifically through the increased electrical conductivity of the supercapacitor cells.

Flexibat

The Company, through its subsidiary Cambridge Graphene Ltd, is pleased to be part of the Flexibat consortium that has recently been awarded £1.2 million of grant funding from Innovate UK as part of a £1.5 million project to develop and bring to market graphene enhanced, thin, flexible printed batteries for electronic wearable and IoT (Internet of Things) devices. From the £1.2m of grant funding, Cambridge Graphene will directly receive approximately £145,000 and indirectly benefit from the funding provided to the other consortium members.

The Flexibat project aims to provide much thinner and more flexible batteries, with higher energy densities, than those currently available. These are expected to be straightforward to manufacture using roll-to-roll printing processes. The initial target market will be for healthcare and wellbeing wearables.

Chinese Graphene Order

In addition to these relationships, the Company is pleased to report that it has received its first small initial order for Nanene graphene nano platelets from a Chinese automotive battery manufacturer for their technical evaluation.



Neill Ricketts, CEO of Versarien, commented: "Improved battery technology is a key area where the addition of high quality graphene can provide significant benefits. Alongside our work and collaborations in the areas of graphene enhanced composites and plastics, battery technology is a key focus for Versarien.

"We are pleased to have entered into these new collaborations and to have received our first Nanane order from a Chinese battery manufacturer. In particular, Zap&Go are at the forefront of developing ultra fast charge carbon-ion cells that can replace slow charging lithium ion batteries in a wide variety of applications from cordless and mobile devices, to infrastructure and transport. We anticipate that the addition of our graphene to their already very innovative products will bring significant enhancements. The market potential for their technology is enormous.

"Our strategy is to work with partners who can provide both technology and manufacturing expertise with a view to ensuring that Versarien is placed at the heart of the rapidly developing graphene enhanced battery ecosystem."

[club sandwich] 02/7/2018 06:52

Many thanks to whoever posted that McLaren video - very well-worth watching...

[alchemy] 01/7/2018 22:40

Crikey that's quite a list. When we top that , as we will, all sorts of good things will follow.

[handykart] 01/7/2018 22:28

Yes you did

[lovat scout] 01/7/2018 22:27

Plenty of chat re results - not for at least another 10 days.

[industrious1] 01/7/2018 22:25

So, earnings announcement tomorrow? Its in the Bloomberg calendar anyhow. No-one seems to be taking about that on this BB this weekend or did I miss some discussion about it?

[lovat scout] 01/7/2018 22:19

Tesla announced that it had reached production targets for June - more shorts getting roasted on Monday!

[dreamcatcher1] 01/7/2018 22:12

From the Manchester university -

Product certification
Through the collaboration between the National Graphene Institute and the National Physical Laboratory, we provide independent certification of new products, ensuring that product claims are supported by appropriate measurement and characterisation data, and that the claims made by vendors are reasonable and accurate.


Could there be different standards and grades, with certificates being produced? Clearly need the International standard.

[cotswoldsparky] 01/7/2018 22:12

Don't make the top 100 this year - any guesses as to where VRS will be next year? Top within 3 years?



CS (another one)

[willoicc] 01/7/2018 21:56

How much value does that certificate have when the international standard has not yet been agreed?

[festario] 01/7/2018 21:35

Indeed Clubbie.... Just.... get that stock market... OPEN!!

[spike_1] 01/7/2018 20:36

grabster - re scale up - I've said it more than once: at the Investor Day, months ago, one of the slides (now on VRS site) says two sister machines also tested.

i.e. We had then, two more machines ready for VRS to use / send (not yet billed to VRS) OR whomever else (hello China?).

Best wishes - spike

[club sandwich] 01/7/2018 20:27

The company seems very confident that as and when large orders arrive they will be able to fulfil them. Of course we don't know yet whether that confidence is well-placed, but I'm betting it is... ;-)

[woodpeckers] 01/7/2018 20:10

grabster - re your earlier post about scale-up, Neill has lectured on the subject, it's obviously something that he has given a lot of thought to and feels he can do so I really have struck this off my list of 'possible concerns'.

[club sandwich] 01/7/2018 19:48

As a great sage once said: "Get the markets open!" ;-)

[superg1] 01/7/2018 19:43

A key factor repeatedly stated by NR besides quality graphene is the depths of the links VRS has into Manchester, Cambridge at catapult centres.

That affords access to related equipment worth millions and world leading experts to go with it.

I see some make links to Uni and new ways to use graphene.

Don't forget in some cases that will be Nanene, it just doesn't say so on the media release 'tin'.

VRS has a supply agreement with the UOM.

[pcjoe] 01/7/2018 19:41

So the Chinese Co got a graphene certificate - I bet if they tested it under the “NanometerR21; it would just be another multilayer graphite fake! - wouldn’t hang that on my wall....

[sonsonnyjim] 01/7/2018 19:41

Wow wow I'm just saying that that shouldn't be a worry (imo). Would LOVE to know how VRS China talks are going, wouldn't we all? Good evening to you too Mike! Excited for the coming week, as usual