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Sparc Technologies Ltd ( (AU:SPN) ) has provided an update.
Sparc Technologies has signed a Letter of Intent with HydroGraph Clean Power to evaluate incorporating HydroGraph’s Fractal Graphene into Sparc’s ecosparc additives for both water-based and solvent-based protective coatings. The move follows positive lab results in commercial water-based systems and will now extend to ISO 12944 cyclic corrosion testing on solvent-based coatings, with a view to finalising a commercial supply and collaboration agreement if performance targets are met.
The collaboration gives Sparc access to a high-quality North American graphene supplier that meets Verified Graphene Producer standards, supporting its push to commercialise ecosparc in the US$33 billion protective and marine coatings market. With first ecosparc revenue recorded in December 2025 and further milestones expected in the first half of 2026, the deal underpins Sparc’s strategy to offer graphene-enhanced coatings that extend asset life, reduce corrosion-related maintenance and improve sustainability outcomes for major infrastructure owners.
The most recent analyst rating on (AU:SPN) stock is a Hold with a A$0.16 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 graphene-based performance additives for protective coatings, marketed under its ecosparc range. Its products aim to enhance corrosion resistance, durability and sustainability of steel infrastructure, targeting global anti-corrosive and marine coatings markets and asset owners in government, defence, mining, and oil and gas sectors.
Average Trading Volume: 81,968
Technical Sentiment Signal: Sell
Current Market Cap: A$20.09M
See more data about SPN stock on TipRanks’ Stock Analysis page.

