Sparc Technologies Ltd ( (AU:SPN) ) has shared an announcement.
Sparc Technologies Limited has appointed Simon Kidston as the new Non-Executive Chairman, succeeding the retiring Stephen Hunt. Kidston, with his extensive experience in renewable energy and project development, is expected to significantly contribute to advancing Sparc’s green hydrogen technology and the commercialization of its graphene additive products. His appointment is seen as a strategic move to guide Sparc at a pivotal stage in its development. The company acknowledges Hunt’s contributions, particularly in initiating the construction of the Sparc Hydrogen pilot plant, and will continue to engage him in a consulting capacity.
More about Sparc Technologies Ltd
Sparc Technologies Limited is an Australian technology company focused on developing solutions that enhance environmental and sustainability outcomes for global industries. The company operates in two main technology areas: green hydrogen and graphene-enhanced materials. Sparc is involved in a joint venture with Fortescue Limited and the University of Adelaide to pioneer next-generation green hydrogen production technology using photocatalytic water splitting. Additionally, Sparc is commercializing ecosparc®, a graphene-based additive that improves the performance of epoxy-based protective coatings.
YTD Price Performance: 18.75%
Average Trading Volume: 121,200
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$18.22M
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