Versarien Plc (LON:VRS) CEO Neill Ricketts caught up with DirectorsTalk to talk about the latest trading update issued. Neill talks about the developments made to the core products, provides some practical applications for thermal copper heat dissipation and graphene solutions and explains how well positioned the company is to make the most of the 2016 financial year.
Versarien Plc continues to make significant progress with its two core technologies, graphene and copper foam thermal solutions, and whilst trading in the Company’s profitable Hard Wear Products division remains constrained, primarily due to continuing low capex in the oil and gas sector, progress is being made with customers in other sectors. The Company is particularly pleased with the high levels of enquiries being received for its low profile thermal copper heat dissipation solutions from multinational blue chip companies looking to incorporate Versarien’s technology in high volume applications. New graphene applications continue to be developed through a number of collaborations, particularly in the areas of composites and batteries. Versarien’s ability to supply high quality graphene in commercial quantities following the breakthrough in the scalable manufacture of graphene platelets, announced last year, is driving considerable interest in incorporating graphene into a wide variety of real world applications.