RCS - Directa Plus PLC - Grant Award for Industrial Filtration

Directa PlusAnnouncement

29/11/2021 07:00

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RNS Number : 7993T  Directa Plus PLC  29 November 2021

29 November 2021

 

Directa Plus plc

("Directa Plus" or the "Company")

 

Grant Award from TECH FAST Lombardy for Industrial Filtration

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets,
announces that it has won a project tender from the state of Lombardy's TECH
FAST programme for accelerating innovation processes by Lombardy based
companies.  The project will last for 12 months and has a total value of
€294,058, of which 50 per cent. is non-refundable.  The project will
commence immediately.

 

The project is titled 'GRAFYLTER: Eco-innovation for antibacterial and
antiviral industrial filtration using graphene-enhanced filters' and will see
the Company develop applications for G+® graphene in industrial filtration,
such as for air-conditioning or transportation filters, which have
antibacterial and antiviral properties.  It will include the sanification of
G+® filters using infrared radiation or electrical heating.

 

GRAFYLTER will exploit the deep know-how and experience acquired by Directa
Plus over the last two years for the production of its Co-Mask® line of face
masks, leveraging the entire value chain, from raw materials major supplier to
final customers and will include support from the University Cattolica of
Rome.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "This
project will fund us to develop specific applications of our technology for
industrial filtration markets, building on the work we have already done to
launch our range of anti-viral and anti-bacterial face masks and filters.
Industrial filtration could be an important new market for our sustainably
produced products."

 

For further information please visit http://www.directa-plus.com/
(http://www.directa-plus.com/) or contact:

 

 Directa Plus plc                                            +39 02 36714458
 Giulio Cesareo, CEO

 Giorgio Bonfanti, CFO
 Cenkos Securities plc (Nominated Adviser and Joint Broker)  +44 131 220 6939
 Neil McDonald

 Adam Rae
 Singer Capital Markets (Joint Broker)                       +44 20 7496 3069
 Rick Thompson

 Phil Davies
 Tavistock (Financial PR and IR)                             +44 20 7920 3150
 Simon Hudson

 Heather Armstrong

 

About Directa Plus

Our focus is principally on the two sectors in which we have strong commercial
advantage through developed and launched products and a technological lead:
environmental (based on our Grafysorber® product), textiles (based on our
G+® products) and, more recently, lithium-sulphur batteries.  In addition,
we will continue to pursue opportunities in elastomers and composites
(including tyres and asphalt), also using our G+® products.  All our
products are hypoallergenic, non-toxic and sustainably produced.  Directa
Plus holds the Green Economy Mark from London Stock Exchange which recognises
companies that contribute to the global green economy.

 

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