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Sparc Technologies Ltd ( (AU:SPN) ) has shared an announcement.
Sparc Technologies has recorded the first commercial sale of its ecosparc® graphene-based additive to a government-linked paint manufacturer in Southeast Asia for use in solvent-based protective coatings, following proof-of-concept testing that showed superior performance compared with rival graphene products and unmodified coatings. The deal marks a key commercialisation milestone that brings in initial revenue, validates six years of R&D and recent collaborations with major industry players, and positions Sparc to scale sales in 2026 using its existing manufacturing capacity and expanding global marketing and distribution channels, without requiring significant new investment.
The most recent analyst rating on (AU:SPN) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Sparc Technologies Ltd stock, see the AU:SPN Stock Forecast page.
More about Sparc Technologies Ltd
Sparc Technologies Ltd is an Australian materials technology company focused on developing and commercialising graphene-based additives for protective coatings. Its flagship product, ecosparc®, is designed to enhance the performance, durability and cost-effectiveness of anti-corrosive coatings used on steel infrastructure across sectors such as government, defence, mining, and oil and gas within the multi‑billion‑dollar global protective and marine coatings market.
Average Trading Volume: 74,575
Technical Sentiment Signal: Sell
Current Market Cap: A$19.5M
See more data about SPN stock on TipRanks’ Stock Analysis page.