CVD Equipment Corporation (NASDAQ: CVV), announced today the signing of an exclusive Distribution Agreement with Graphene Laboratories, Inc. for Chemical Vapor Deposited (CVD) Graphene products.
Under this Agreement CVD Equipment Corporation will manufacture CVD grown Graphene based materials and products and Graphene Laboratories, Inc. will market and sell them on a worldwide basis.
CVD’s Equipment Corporation’s Application Laboratory provides process development and material growth services for a wide range of advanced nanomaterials, i.e. Carbon Nanotubes, Silicon and other Nanowires, CVD Graphene, Transparent Conducting Oxide (TCO) materials and other CVD processes. It hosts a range of CVD research and production equipment that will be utilized for CVD Graphene production.
Graphene is a novel nanomaterial carbon film that is only a few atoms thick and possesses unparalleled electrical and mechanical properties as well as supreme stability and durability. CVD grown Graphene is projected to be used for production of Graphene-based electronics, sensors, MEMS, solar batteries, etc. Some of the CVD Graphene products sold by Graphene Laboratories Inc. will be marked with one or more trademarks from CVD Equipment Corporation, such as nMEMStarter™, nFoil™, and CVDGraphene™.
“The ability to mass produce CVD Graphene is a key milestone for Graphene commercialization,” said Dr. Elena Polyakova, CEO of Graphene Laboratories, Inc. “Currently, the progress in development of Graphene-based commercial products is largely stalled by a lack of supply of high-quality wafer-size Graphene films. CVD grown Graphene is well positioned to address this market demand. We anticipate strong interest from academic and industrial customers in our CVD Graphene products and this is an extremely important partnership for our Company. By selecting CVD Equipment Corporation as our partner, we will be able to expand our Graphene based product offerings and greatly advance the development of various Graphene enabled products.”
"CVD Equipment Corporation is focusing on enabling the commercialization of tomorrow’s technologies,” says Karlheinz Strobl, VP of Business Development of CVD Equipment Corporation. “By leveraging the process development and manufacturing capabilities of our Application Laboratory and by collaborating with Graphene Laboratories Inc. on CVD Graphene based product developments, we believe we can shorten the time to market for a range of already existing and future nano enabled products. Together, we are able to offer and ship a growing array of CVD Graphene products. Our initial product variety has already been supplied to our first customers.