Over the last 12 months, Haydale has completed a series of pre-production trials for this customer (who for commercial reasons cannot be named) to enhance these selected products' mechanical performance through the incorporation of graphene in a range of world-wide industrial applications. Haydale reports that to date, it has been paid approximately $150,000 USD by the Customer for these trials.
Trial quantity masterbatches were produced using graphene that was sourced from an overseas supplier based on Haydale's considerable in-house dispersion and mixing expertise. Crucially the trial quantities were specifically designed to be incorporated seamlessly into the Customer's production process.
Ray Gibbs, Chief Executive Officer of Haydale, commented: "This contract, fully funded by the Customer, is a perfect example of the work Haydale is doing across a range of composite product applications. We have experienced relatively long lead times with some of our past projects, but this one has been fast-tracked in response to the Customer's desire to launch as soon as possible."