Versarien PLC Launch of New Superparamagnetic Material

TIDMVRS

Versarien PLC

27 June 2022

Reach - Non-Regulatory

2 7 June 2022

Versarien plc

("Versarien" or the "Company" or the "Group")

Launch of New Superparamagnetic Material

Graphene based material to support a range of applications across electronics, sustainability and biotechnology

Versarien plc (AIM: VRS), the advanced engineering materials group, announces the launch of a new hybrid nanomaterial that has superparamagnetic properties, which can be used across a range of applications, such as in defence and healthcare.

The development of the material has been led by Versarien's 62% owned subsidiary, Gnanomat S.L. ("Gnanomat"), whose research has pioneered the generation of a new family of versatile nanocomposites based on graphene and other forms of carbon, combined with metal or metal oxide nanoparticles typically intended for energy storage applications.

The superparamagnetic material combines graphene with both iron oxide and manganese oxide nanoparticles that provide the material with magnetic properties. In return, graphene provides electrical conductivity to these electrically insulating metal oxides. Magnetic nanocomposites can readily respond to external magnetic fields which allow them to be manipulated. Potential applications of the material include the treatment of wastewater whereby pollutants are adsorbed onto the graphene surface. The material also lends itself to biomedical and biotechnology applications, or defence applications requiring the shielding of electromagnetic fields. Magnetic manipulation could allow the recovery and recycling of the graphene, something that could not be done with normal graphene compounds.

For more information, or to purchase the material visit https://gnanomat.com/products-2/

Commenting, Versarien CEO, Neill Ricketts, said : "Our superparamagnetic material is the next product for Versarien to launch with its focus on providing efficient and sustainable solutions. Our research and development teams across the Group have been working over the last few years to optimise the use of graphene, and we're pleased to be bringing the next phase of graphene materials to market."

Steve Hodge, CTO at Versarien, commented : "The potential for this material is hugely promising. Versarien is branching out into the next generation of nanomaterials, providing innovation to industries across the globe. The technical properties the superparamagnetic material offers are exciting and show that there is so much more potential for us to find innovative applications for other nanomaterials."

Roberto Clemente, CEO of Gnanomat, said: "We believe this is the beginning of the next wave of nanomaterials. Using graphene combined with metal oxides, there are countless opportunities to change the way we view a number of industries. This superparamagnetic material is just the first step in an extensive line of innovation to come."

For further information please contact:

 
Versarien                                           [phone] 
Neill Ricketts, CEO, Chris Leigh CFO 
SP Angel Corporate Finance (Nominated Adviser 
 and Joint Broker)                                  [phone] 
Matthew Johnson, Ewan Leggat, Adam Cowl 
Berenberg (Joint Broker)                            [phone] 
Mark Whitmore, Ciaran Walsh 
IFC Advisory Limited (Financial PR and Investor 
 Relations)                                        [phone] 
Tim Metcalfe, Zach Cohen 
 

About Versarien:

The strategy of Versarien Plc (AIM:VRS) is to be a globally recognised graphene company with a wide portfolio of high-quality verified materials allied to the largest relevant IP portfolio supported by its own UK based research and development centre driving recurring revenue growth through its innovative graphene product applications.

For further information please see: http://www.versarien.com

About Gnanomat:

Gnanomat develops and manufactures engineered graphene-based nanomaterials to address different industrial applications with special emphasis in Energy Storage. The mission of Gnanomat is to obtain ESS (Energy Storage Systems) with higher energy storage capacity. We address this mission through a new generation of nanomaterials portfolio.

For further information please see: www.gnanomat.com

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June 27, 2022 02:00 ET (06:00 GMT)