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Sparc Technologies Ltd ( (AU:SPN) ) has issued an announcement.
Sparc Technologies Limited has made significant progress in its green hydrogen and graphene-based projects. The company, through its joint venture Sparc Hydrogen, is advancing the construction of a pioneering green hydrogen pilot plant at the University of Adelaide, supported by a substantial government grant. This development marks a crucial step towards commercializing their patented photocatalytic water splitting technology. Additionally, Sparc is seeing positive results from its graphene-enhanced anti-corrosion coatings and has entered a collaboration to develop graphene-enhanced paper packaging products. These advancements, alongside a successful capital raise, position Sparc Technologies as a key player in sustainable technology solutions.
More about Sparc Technologies Ltd
Sparc Technologies Limited operates in the technology sector, focusing on innovative solutions in hydrogen production and graphene-based materials. The company is involved in developing green hydrogen technology through a joint venture with Fortescue Ltd and the University of Adelaide, and it also explores applications of graphene in coatings and packaging.
Average Trading Volume: 142,129
Technical Sentiment Signal: Sell
Current Market Cap: A$18.13M
Find detailed analytics on SPN stock on TipRanks’ Stock Analysis page.