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First Graphene Ltd ( (AU:FGR) ) has provided an update.
First Graphene Limited is advancing its role in the A$3.72 million HyPStore project, aimed at developing lightweight cryogenic tanks for liquid hydrogen storage. The company is testing graphene-enhanced resin systems to improve tank impermeability, potentially reducing hydrogen permeability by up to 48 times. Additionally, First Graphene is collaborating with Imperial College London and University College London on a project to upscale chemically modified graphene for 3D printing of metals, supported by a A$1.2 million grant from Innovate UK. These initiatives are expected to enhance the company’s commercial pathways and industry positioning in hydrogen storage and aerospace applications.
More about First Graphene Ltd
First Graphene Limited is a company operating in the advanced materials industry, focusing on the development and commercialization of graphene-based products. The company is involved in various sectors, including hydrogen storage and aerospace, leveraging graphene’s unique properties to enhance product performance and sustainability.
Average Trading Volume: 432,912
Technical Sentiment Signal: Sell
Current Market Cap: A$18.72M
Learn more about FGR stock on TipRanks’ Stock Analysis page.