Versarien PLC Agreement with Global Apparel Manufacturer

Versarien plc
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Versarien plc (LON:VRS), the advanced materials engineering group, has today announced that it has signed a collaboration agreement with a global textiles and apparel manufacturer (the “Partner”), which will allow both companies to collaborate on the incorporation of graphene into fabrics and assess its suitability for inclusion in high performance sportswear.

The Partner, who is headquartered in Asia, designs, develops and manufactures a range of different garments for well-known apparel brands globally. Utilising Versarien’s graphene ink technology developed by the Company’s subsidiary, Cambridge Graphene Ltd, the collaboration will involve the incorporation of graphene into textiles via yarns and fabric finishes, with the aim of enhancing the fabric properties so that they meet the requirements of certain key application areas that the Partner has identified.

Neill Ricketts, CEO of Versarien Plc, commented: “This agreement is the first major collaboration we have entered into for our graphene ink technology. Graphene has enormous potential to enhance the properties of fabrics and can also be incorporated within them to enable ‘smart clothing’ to be developed. We are delighted to be working with this Partner who counts some of the world’s leading apparel brands amongst their customers.

“This agreement demonstrates the wide ranging capabilities of Versarien in the field of graphene and other nano materials. Coupled with the other agreements we have signed, and those we are discussing with companies globally, this demonstrates the huge number of potential applications for the different types of high quality graphene we can produce.

“We continue to work with our other collaboration partners and on a number of other agreements with similar market leading companies worldwide with a view to the rapid commercialisation of graphene. Versarien is at the forefront of graphene’s commercialisation and this continues to be a very exciting time for the Company. I look forward to providing further updates on our progress.”

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