RCS - Directa Plus PLC - Collaboration with UK-based Heathcoat Fabrics

Directa PlusAnnouncement

22/03/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240322:nRSV8830Ha&default-theme=true

RNS Number : 8830H  Directa Plus PLC  22 March 2024

22 March 2024

 

Directa Plus plc

("Directa Plus", the "Group" or the "Company")

 

Directa Plus and UK-based Heathcoat Fabrics to drive groundbreaking
advancements in technical textiles

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets, has
launched a collaboration with Heathcoat Fabrics, a revered leader in the
design and manufacture of advanced knitted and woven fabrics. Rooted in the
UK, this collaboration signifies a confluence of innovation and best-in-class
standards of technical textiles across multiple sectors.

 

Heathcoat Fabrics aligns with Directa Plus's vision of leveraging cutting-edge
graphene technology to address complex challenges and unlock customer value.
Its expertise covers a broad spectrum of markets, including elite 3D spacers,
aerospace, automotive, defense, firefighter protection, parachutes,
healthcare, and belting fabrics.

 

Integrating Directa Plus' G+® Planar Thermal Circuit technology into
Heathcoat fabrics portfolio is central to this collaboration. This union is
optimized to provide excellent thermal dissipation properties, helping to
control and regulate the user's body temperature (test results have
demonstrated up to >60% improvements in heat dissipation). It also enables
strong surface resistivity, making it suitable for various anti-static
applications. The fabrics can also gain antibacterial properties, making G+®
a technological platform for developing textiles that cater to the rigorous
demands of various high-stakes industries, from aerospace to healthcare.

 

This collaboration further underpins Directa Plus' commitment to increase the
presence of G+® textile technologies in the UK market in partnership with a
leading player. By merging Directa Plus's expertise in graphene with Heathcoat
Fabrics' manufacturing excellence, we aim to drive groundbreaking advancements
in technical textiles and underscores the Group's focus on sustainability and
high performance.

 

Giulio Cesareo, Founder and Chief Executive of Directa Plus, commented: "We
are proud to join forces with Heathcoat Fabrics, a company that embodies our
zeal for pioneering and excellence in the technical textiles domain. This
collaboration cements our leadership in integrating graphene into real-world
applications and ensures a more robust presence of our G+® textile
technologies in the UK markets. Together, we are set to unveil textiles that
offer superior functionality sustainability for tomorrow's challenges."

 

 

For further information please visit or contact:

 

 Directa Plus plc                                                        +39 02 36714458
 Giulio Cesareo, CEO
 Giorgio Bonfanti, CFO

 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)  +44 131 220 6939
 Neil McDonald
 Adam Rae

 Singer Capital Markets Securities Limited (Joint Broker)                +44 20 7496 3069
 Rick Thompson
 Phil Davies

 Alma Strategic Communications                                           +44 20 3405 0205
 Justine James                                                           directaplus@almastrategic.com
 Hannah Campbell
 Kinvara Verdon

 

 

Notes to Editors

 

Directa Plus (www.directa-plus.com) is one of the largest producers and
suppliers of graphene-based products for use in consumer and industrial
markets. The Company's graphene manufacturing capability uses proprietary
patented technology based on a plasma super expansion process. Starting from
natural graphite, each step of Directa Plus' production process - expansion,
exfoliation and drying - creates graphene-based materials and hybrid graphene
materials ready for a variety of uses and available in various forms such as
powder, liquid and paste.

 

This proprietary production process uses a physical process, rather than a
chemical process, to process graphite into pristine graphene nanoplatelets,
which enables Directa Plus to offer a sustainable, non-toxic product, without
unwanted by-products.

 

Directa Plus' products are made of hybrid graphene materials and graphene
nano-platelets. The products (marketed as G+(R)) have multiple applications
due to its properties. These G+(R) products can be categorised into various
families, with different products being suitable for specific practical
applications.

 

Directa Plus was established in 2005 and is based in Lomazzo (Como, Italy) and
has been listed on the AIM market of the London Stock Exchange since May 2016.
Directa Plus holds the Green Economy Mark from London Stock Exchange which
recognises companies that contribute to the global green economy.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAQKDBKNBKBFNB