Haydale Graphene Industries PLC Memorandum of Understanding with Nanospan India
11 May 2017 - 4:01PM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
11 May 2017
For immediate release 11 May 2017
Haydale Graphene Industries plc
('Haydale' or the 'Company')
Memorandum of Understanding with Nanospan India Pvt Ltd
Haydale Graphene Industries plc (AIM: HAYD), the global
nanomaterials group, is pleased to announce that it has entered
into a Memorandum of Understanding ('MoU') with Nanospan India Pvt
Ltd ('Nanospan') to collaborate on the development of advanced nano
composites for applications in the Indian markets.
Nanospan is a graphene application development pioneer based in
India with proven efficient and accurate material characterisation
services. Pursuant to the MoU, Haydale will work with Nanospan on
the development of nano composites focused on Defence, Aerospace
and Energy sector opportunities in India.
Ray Gibbs, CEO of Haydale, said:
"We are delighted to have entered into this collaboration.
Nanospan have several immediate opportunities in their market
sectors and are well positioned to be our partner for joint R&D
and promoting Haydale's products and services in India. If our
collaboration with them is successful we anticipate Nanospan
developing our Indian centre of excellence."
Ravi Nuguru, CEO of Nanospan, said:
"Nanospan India is focused on graphene and nano material
applications for India's Defence, Energy and Aerospace markets. Our
work with Haydale should allow us to develop a whole new generation
of composite materials with market leading material properties and
performance. We hope that the combination of Haydale, a renowned
nanomaterials pioneer and Nanospan's expertise with development of
advanced polymer/graphene composites and comprehensive
characterisation and testing services offerings for nano material,
will bring about world class solutions to a number of opportunities
in India."
- Ends -
For further information:
Haydale Graphene Industries
plc
Ray Gibbs, Chief Executive Tel: +44 (0) 1269 842
Officer 946
Matt Wood, Finance Director www.haydale.com
Trevor Phillips, Head
of Communications
Cairn Financial Advisers
LLP (Nominated Adviser)
Tony Rawlinson / Emma Tel: +44 (0) 20 7213
Earl 0880
Cantor Fitzgerald Europe
(Broker)
David Foreman / Will Goode Tel: +44 (0) 20 7894
(Corporate Finance) 7000
David Banks / Mark Westcott
(Sales)
Media enquiries:
Buchanan
Henry Harrison-Topham / Tel: +44 (0) 20 7466
Gemma Mostyn-Owen 5000
haydale@buchanan.uk.com www.buchanan.uk.com
Notes to Editors
About Haydale
Haydale is a global technologies and materials group that
facilitates the integration of 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. Haydale has granted patents for its technologies in
Europe, USA and China and operates from four facilities in the UK,
USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
About Nanospan India Pvt Ltd
Nanospan India Pvt Ltd is a graphene application development
pioneer based in India and the Silicon Valley, USA, focused on
graphene composites and intermediates, nanomaterial
characterisation and testing services and graphene application
products in Defence, Aerospace, Energy and Electronics sectors.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRADMGMKVGVGNZM
(END) Dow Jones Newswires
May 11, 2017 02:01 ET (06:01 GMT)
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
From Mar 2024 to May 2024
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
From May 2023 to May 2024