RCS - Versarien PLC - Launch of New Superparamagnetic Material

VersarienAnnouncement

27/06/2022 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:20220627:nRSa2042Qa&default-theme=true

RNS Number : 2042Q  Versarien PLC  27 June 2022

Reach - Non-Regulatory

27 June 2022

 

Versarien plc

("Versarien" or the "Company" or the "Group")

Launch of New Superparamagnetic Material

Graphene based material to support a range of applications across electronics,
sustainability and biotechnology

Versarien plc (AIM: VRS), the advanced engineering materials group, announces
the launch of a new hybrid nanomaterial that has superparamagnetic properties,
which can be used across a range of applications, such as in defence and
healthcare.

The development of the material has been led by Versarien's 62% owned
subsidiary, Gnanomat S.L. ("Gnanomat"), whose research has pioneered the
generation of a new family of versatile nanocomposites based on graphene and
other forms of carbon, combined with metal or metal oxide nanoparticles
typically intended for energy storage applications.

The superparamagnetic material combines graphene with both iron oxide and
manganese oxide nanoparticles that provide the material with magnetic
properties. In return, graphene provides electrical conductivity to these
electrically insulating metal oxides. Magnetic nanocomposites can readily
respond to external magnetic fields which allow them to be manipulated.
Potential applications of the material include the treatment of wastewater
whereby pollutants are adsorbed onto the graphene surface. The material also
lends itself to biomedical and biotechnology applications, or defence
applications requiring the shielding of electromagnetic fields. Magnetic
manipulation could allow the recovery and recycling of the graphene, something
that could not be done with normal graphene compounds.

For more information, or to purchase the material visit
https://gnanomat.com/products-2/ (https://gnanomat.com/products-2/)

Commenting, Versarien CEO, Neill Ricketts, said: "Our superparamagnetic
material is the next product for Versarien to launch with its focus on
providing efficient and sustainable solutions. Our research and development
teams across the Group have been working over the last few years to optimise
the use of graphene, and we're pleased to be bringing the next phase of
graphene materials to market."

Steve Hodge, CTO at Versarien, commented: "The potential for this material is
hugely promising. Versarien is branching out into the next generation of
nanomaterials, providing innovation to industries across the globe. The
technical properties the superparamagnetic material offers are exciting and
show that there is so much more potential for us to find innovative
applications for other nanomaterials."

Roberto Clemente, CEO of Gnanomat, said: "We believe this is the beginning of
the next wave of nanomaterials. Using graphene combined with metal oxides,
there are countless opportunities to change the way we view a number of
industries. This superparamagnetic material is just the first step in an
extensive line of innovation to come."

 

For further information please contact:

 Versarien                                                        +44 (0) 1594 887204
 Neill Ricketts, CEO, Chris Leigh CFO
 SP Angel Corporate Finance (Nominated Adviser and Joint Broker)  +44 (0)20 3470 0470
 Matthew Johnson, Ewan Leggat, Adam Cowl
 Berenberg (Joint Broker)                                         +44 (0)20 3207 7800
 Mark Whitmore, Ciaran Walsh
 IFC Advisory Limited (Financial PR and Investor Relations)        +44 (0) 20 3934 6630
 Tim Metcalfe, Zach Cohen

 

About Versarien:

The strategy of Versarien Plc (AIM:VRS) is to be a globally recognised
graphene company with a wide portfolio of high-quality verified materials
allied to the largest relevant IP portfolio supported by its own UK based
research and development centre driving recurring revenue growth through its
innovative graphene product applications.

For further information please see: http://www.versarien.com
(https://eur03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.versarien.com%2F&data=05%7C01%7Ctwhitfield%40mclnews.com%7Ca6f36820d41746bbb8f008da42f2dd6a%7C7560185ee95f4d5a8cc0c244cb450a3e%7C0%7C0%7C637895909595351380%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=vp8yFEBNrElWqj0WOIqnwLTzPx3mbDopgjGylVz4v0c%3D&reserved=0)

 

About Gnanomat:

Gnanomat develops and manufactures engineered graphene-based nanomaterials to
address different industrial applications with special emphasis in Energy
Storage. The mission of Gnanomat is to obtain ESS (Energy Storage Systems)
with higher energy storage capacity. We address this mission through a new
generation of nanomaterials portfolio.

For further information please see: www.gnanomat.com (http://www.gnanomat.com)

 

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/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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  NRASEUFLMEESEFM