Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, has announced its intention to float on London’s AIM stock exchange in order to boost its growth strategy.
Directa’s Graphene Plus technology has already been incorporated into products such as the high-performance bicycle tyres and wheels by Vittoria, and Colmar, the high-end Italian sportswear and activewear company, has produced a graphene-enhanced range of clothing which includes ski suits now being worn in competitions by the French national ski team.
The company is now listing on AIM to expedite the execution of its growth strategy and expand from this base. It intends to use the funds raised through the IPO to pursue its commercial pipeline with existing and potential customers as well as increase its manufacturing capacity beyond the current level of 30 tonnes per annum.
Graphene’s properties are increasingly being recognised and consequently, the number of potential market applications is growing. Having overcome an important barrier to commercialisation – the ability to produce consistent high quality graphene–based products on a large scale, cost effectively – our focus is on satisfying the growing demand from potential customers in our core sectors and to partner with them to create new products that are significantly enhanced.
We are confident about the outlook for the Company and believe that it is well positioned to capture the significant market opportunity that the Directors believe exist for our graphene-based products.
Giulio Cesareo - Chief Executive Officer, Directa Plus