#Australia #Sydney #Halocell #First Graphene #graphene carbon paste

First Graphene Takes a Bold Step Forward with Global Graphene Carbon Paste Rights

In a significant advancement for the graphene industry, First Graphene Limited (ASX:FGR) has officially announced its exclusive licence agreement with Halocell Australia. This initiative marks a pivotal moment in the development, production, marketing, and sale of advanced graphene-enhanced carbon paste. The agreement, which spans over a year, not only allows First Graphene global exclusivity over the PureGRAPH® product containing carbon paste but also facilitates Halocell's usage of this innovative product in manufacturing its perovskite solar cells (PSC). This collaboration will see Halocell receive a 10% royalty on sales, reflecting a shared commitment to pushing forward the frontiers of materials science.

The carbon paste, a conductive coating, is designed to enhance the performance of various devices in flexible printed electronics, energy generation, and energy storage. Already, this market-ready product is employed in Halocell's PSCs, which have achieved efficiencies exceeding 30%, contributing to significant reductions in production costs through advancements in roll-to-roll deposition technology. This efficiency is impressive, especially when compared to traditional conductive materials like gold, which often see inflated material and production costs without delivering the same high-performance output.

The implications of this development reach far beyond just solar technology. In fact, there's a multitude of applications across various sectors, including aerospace, IoT, and renewable energy, where this graphene-enhanced carbon paste can offer improved performance and durability. First Graphene and Halocell have identified 44 additional devices where their PSC technology could create substantial benefits.

Additionally, Halocell is collaborating with V-Tol Aerospace and Li-S (ASXLIS) to innovate lightweight power solutions that will incorporate next-generation solar technologies and batteries, aimed at extending the operational duration of electric drones. This ongoing work might showcase the vast capabilities of graphene within the aerospace industry, setting a precedent for future developments.

As manufacturing of this graphene-enhanced carbon paste is set to commence at First Graphene's facility in Henderson shortly, both companies are enthusiastic about the potential marketability of this cutting-edge product. First Graphene's Managing Director and CEO Michael Bell expressed optimism, underlining the partnership's growth and how the intellectual property surrounding the carbon paste could facilitate entry into global markets.

The carbon paste market is predicted to more than double, reaching around USD 2.8 billion by 2032, giving impetus to a broad range of applications set to benefit from enhanced performance and efficiency provided by PureGRAPH®. Halocell Australia’s CEO Paul Moonie echoed this sentiment, emphasizing the groundbreaking results achieved through the introduction of functionalized graphene into their perovskites.

This collaboration not only positions First Graphene and Halocell at the forefront of graphene use in energy-efficient technologies but also highlights the vital role of Australian manufacturing in the broader narrative of material innovation on a global scale. With the carbon paste ready to disrupt various sectors and the partnership reinforcing market presence, the future looks promising for graphene applications as they continue to revolutionize technology across industries.

Overall, the agreement showcases a unique integration of cutting-edge technology and strategic collaboration that aims to maximize the efficiency, longevity, and performance of devices—the hallmark of a sustainable future powered by advanced materials.