Directa Plus, a producer and supplier of graphene-based products, recently announced that it has reentered into a 12-month exclusivity agreement and 9-month development agreement with an existing global luxury accessories customer, to produce graphene-enhanced accessories with increased mechanical properties.

'The value of the exclusivity and the development agreement, ahead of entering into an anticipated commercial contract, amounts to approximately €130,000,' the firm said.

"This deal further demonstrates the increasing traction and great opportunities that exist for our innovative and disruptive G+ material, especially as we now have an enhanced process for the physical functionalization of graphene, and companies across multiple large global industries are waking up to the benefits we can bring to them,' the firm said.