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Versarien plc

Versarien plc Receive Graphene Order from Japanese global automotive components company

Versarien plc (LON: VRS), the advanced materials engineering group, has today announced that the Company has secured its first graphene orders from the North American corporate research and development centre of a Japanese headquartered company. This customer is a global automotive components company that has operations in over 40 countries, employing in excess of 250,000 people.

After initial graphene quality testing trials, the Customer, has placed development orders for 1kg each of Versarien’s high purity graphene nano platelets (“GNP-HP”) and Nanene. The Customer’s principle operations focus on leading-edge automotive materials and process development, and the development of next-generation, vehicle-related, information and communications technology.

Neill Ricketts, CEO of Versarien plc, commented:

“We are very pleased to have secured this order, our first from a Japanese headquartered company.

This order emphasises the importance to the Company of the seconded employees from the Department for International Trade and their ability to access key markets and truly global corporations. We look forward to working with this customer to help them maximise the benefits the addition of our graphene can bring to a number of their products.”