UK graphene manufacturer clinches Korean deal
Innovate UK support leads to collaboration to use graphene and 2D composite materials in smart buildings and electric vehicles.
Advanced materials business Versarien has signed a major deal with a South Korean partner after being part of an Innovate UK programme visit to the country.
The Cheltenham-based specialist in 2-dimensional materials has entered into a collaboration agreement with AXIA Materials Co.
As part of the work, Versarien’s advanced 2D composite and graphene materials will be used in 2 projects:
- to support next-generation sensors and thermal devices for composite building panels and structural composites
- to improve electric vehicle batteries
Additionally, AXIA believes there will be many more opportunities for Versarien’s materials to bring other game-changing products to market.
Visit allowed Versarien to showcase materials
The relationship was formed during an Innovate UK global business innovation programme visit to South Korea.
It aims to help ambitious technology companies find partners for international collaboration.
Dr Andrew Deakin, Chief Technical Engineer at Versarien, said:
Participating in the global business innovation programme for advanced materials was a fantastic opportunity and enabled us to showcase our 2D material technology to a new international market and meet Korean businesses we would otherwise have struggled to.
It was clear from the outset that AXIA had many areas where graphene could offer significant benefits and hence discussions progressed quickly to define a collaboration jointly exploiting Versarien’s 2D materials technology.
Products being developed for many applications
Versarien was founded in 2010. Early on, it won an Innovate UK grant to develop its technology for making metallic foams, and has since gone on to work on several other Innovate UK-supported projects.
It has grown from 2 people working out of a garage to a company listed on the London Stock Exchange with 5 subsidiaries and more than 100 employees.
The company specialises in licensing innovative materials technologies from universities and developing commercial applications.
Its products are being tested for multiple applications including aerospace structures, fabrics and sportswear, digital bandages and wound dressings, cycling equipment, audio equipment and supercapacitors.
Latest News from
Dissolving seaweed sauce sachets among innovative schemes to cut down on harmful plastic waste19/10/2018 10:12:10
Moving to a greener, cleaner economy which helps protect the environment is a key part of the government’s modern Industrial Strategy.
Automated design for a more efficient railway: apply for funding18/10/2018 09:10:00
UK organisations can apply for a share of up to £300,000 to develop new ways to plan railway infrastructure and meet passenger demand.
Real-time tracking for firefighter safety: apply for contracts16/10/2018 09:10:00
Organisations can apply for a share of up to £1.25 million to develop location tracking technology and keep fire crews safe during live incidents.
New centre for immersive storytelling will help UK industry excel05/10/2018 14:14:00
£10 million Industrial Strategy funding has been awarded to a new creative industries centre, which will build UK skills in immersive tech.
New funding to drive improvements in immersive content creation05/10/2018 09:10:00
Businesses can apply for a share of up to £8 million for innovation projects that support better, more immersive experiences.
Digital tech to tackle healthcare challenges: apply for funding02/10/2018 09:10:00
UK businesses can apply for a share of up to £9 million to develop more effective and efficient treatments through the Industrial Strategy Challenge Fund.
Patients lives to be greatly improved by technology revolutions in healthcare01/10/2018 16:46:00
Winning projects have been announced that will collectively receive over £17 million funding that could revolutionise healthcare across the UK.
New UKRI system needs community input on Horizon 2020 grants27/09/2018 16:45:00
Recipients of Horizon 2020 grants are being asked to input basic information into a bespoke portal as a first step towards continuity of funding.