RCS - Versarien PLC - Transport Infrastructure Technology Preview Event
RNS Number : 4509GVersarien PLC24 July 201924 July 2019
Versarien plc
("Versarien" or the "Company")
Transport Infrastructure Technology Preview Event
Versarien plc (AIM: VRS), the advanced materials engineering group, will today showcase an innovative large-scale industrial prototype which aims to improve rail transportation infrastructure.
The prototype under evaluation uses a 3D-printed polymer structure constructed using Versarien's high-purity, low-defect, graphene enhanced polymer technology. The addition of Versarien's graphene to the structure is designed to increase its tensile strength and thermal protection, enabling the viable 3D-printing of large-scale transport infrastructure components.
The preview event being held today in Bristol will be attended by investors and partners of Versarien. In particular, attendees will include representatives from other Versarien collaboration partners, together with Chinese, Japanese and UK government representatives.
No material new information is expected to be disclosed at the event.
Neill Ricketts, CEO of Versarien, commented: "We are delighted to be able to showcase this large-scale prototype structure manufactured using our graphene enhanced polymer technology. The event being hosted by one of our collaboration partners will allow us to demonstrate how we are making significant progress with our graphene technology. Graphene holds the potential to radically transform how future rail infrastructure is designed and installed.
"We look forward to providing further information on this project in due course, together with showcasing further examples of the significant benefits our graphene technology can bring."
Enquiries:
Versarien
Neill Ricketts, CEO
Chris Leigh, CFO
+44 (0)1242 269 122
Canaccord Genuity (Nominated Adviser and Broker)
Bobbie Hilliam
Emma Gabriel
+44 (0)20 7523 8000
IFC Advisory (Financial PR and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong
+44(0)20 3934 6630
About Versarien
Versarien plc (AIM:VRS), is an advanced engineering materials group. Leveraging proprietary technology, the Group creates innovative engineering solutions for its clients in a diverse range of industries. Versarien has six subsidiaries operating under two divisions:
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com
AAC Cyroma Limited, which specialises in the supply of vacuum-formed and injection-moulded products to the automotive, construction, utilities and retail industry sectors. Using Versarien's existing graphene manufacturing capabilities, AAC will have the ability to produce graphene-enhanced plastic products. www.aaccyroma.co.uk
Cambridge Graphene Limited, supplies novel inks based on graphene and related materials, using patented processes to develop graphene materials technology.
Gnanomat S.L. ("GNA"), based in the Parque Cientifico Madrid, Spain, is a company capable of utilising Versarien's graphene products in an environmentally friendly, scalable production process for energy storage devices that offer high power density, almost instant recharging and very long lifetimes for use in electrical vehicles and portable electronics products.www.gnanomat.com
Hard Wear and Metallic Products
Versarien Technologies Limited has developed an additive process for creating advanced micro-porous metals targeting the thermal management industry and supplies extruded aluminium. www.versarien-technologies.co.uk
Total Carbide Limited, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com
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