Versarien PLC Patent Award
17 December 2018 - 6:01PM
RNS Non-Regulatory
TIDMVRS
Versarien PLC
17 December 2018
Versarien plc
("Versarien" or the "Company")
Patent Award
Versarien plc (AIM: VRS), the advanced materials engineering
group, is pleased to announce that the Company's subsidiary
Gnanomat S.L. ("GNA") has been awarded a patent by the Oficina
Española de Patentes y Marcas, the Spanish patent office, covering
a method of obtaining nanomaterials composed of carbonaceous
material (e.g. graphene) and metallic oxides.
Versarien acquired 62% of GNA, based in the Parque Cientifico
Madrid, Spain, in September 2018. GNA is using Versarien's graphene
products in an environmentally friendly, scalable production
process for energy storage devices that offer high power density,
almost instant recharging and very long lifetimes for use in
electric vehicles and portable electronics products.
The patent covers a key element of this production process,
allowing GNA to combine materials such as Versarien's graphene with
metallic oxides in a liquid medium at moderate pressures and
temperatures. These compounds can be produced in industrial
quantities and the patented process allows the physical and
chemical properties of the nanomaterials to be fixed by controlling
the synthesis parameters. The Company believes that the
nanomaterials obtained following this methodology provide good
energy storage properties in a reproducible way.
It is the intention of GNA to extend this patent to cover
territories including, amongst others, further European countries,
the USA, Canada, China, Korea, Japan and India.
Roberto Clemente, GNA's CEO, commented: "The award of this
patent is a key step to protect GNA's technology and the future
commercial rights of its products. This milestone is part of our
strategy to protect all of our key intellectual assets and we
anticipate more patents will be developed and incorporated in due
course."
Neill Ricketts, CEO of Versarien, commented: "We have been very
pleased with the acquisition of GNA and the progress they have been
making in recent months. The award of this patent is a key
milestone as we continue to develop technology that we believe will
enable the development of commercially viable graphene enhanced
batteries and other energy storage devices.
"The incorporation of graphene into energy storage devices has
the potential to radically enhance their capabilities, meeting the
ever increasing demands to improve power density and reduce
charging times for everything from hand held devices to electric
cars. This is just one example of Versarien's presence at the
leading edge of developing commercially relevant graphene based
technology."
Enquiries:
Versarien
Neill Ricketts, CEO
Chris Leigh, CFO 01242 269 122
Arden Partners (Nominated Adviser and Broker)
John Llewellyn-Lloyd
Dan Gee-Summons 020 7614 5900
IFC Advisory (Financial PR and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong 020 3934 6630
About Versarien
Versarien plc (AIM:VRS), is an advanced engineering materials
group. Leveraging proprietary technology, the Group creates
innovative engineering solutions for its clients in a diverse range
of industries. Versarien has six subsidiaries operating under two
divisions:
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation
and early stage development of graphene products.
www.2-dtech.com
AAC Cyroma Limited, which specialises in the supply of
vacuum-formed and injection-moulded products to the automotive,
construction, utilities and retail industry sectors. Using
Versarien's existing graphene manufacturing capabilities, AAC will
have the ability to produce graphene-enhanced plastic products.
www.aaccyroma.co.uk
Cambridge Graphene Limited, supplies novel inks based on
graphene and related materials, using patented processes to develop
graphene materials technology.
www.cambridgegraphene.com
Gnanomat S.L. ("GNA"), based in the Parque Cientifico Madrid,
Spain, is a company capable of utilising Versarien's graphene
products in an environmentally friendly, scalable production
process for energy storage devices that offer high power density,
almost instant recharging and very long lifetimes for use in
electrical vehicles and portable electronics products.
www.gnanomat.com
Hard Wear and Metallic Products
Versarien Technologies Limited has developed an additive process
for creating advanced micro-porous metals targeting the thermal
management industry and supplies extruded aluminium.
www.versarien-technologies.co.uk
Total Carbide Limited, a leading manufacturer in sintered
tungsten carbide for applications in arduous environments such as
the oil and gas industry. www.totalcarbide.com
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END
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