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HydroGraph Clean Power Inc. was established in 2017 with a focus on funding and commercializing environmentally friendly processes for manufacturing high-purity graphene and other nanomaterials in large quantities. The company is publicly traded on the Canadian Securities Exchange since December 2021, holding an exclusive license from Kansas State University for producing graphene and hydrogen through its patented detonation process. HydroGraph is committed to sustainability and has developed a unique graphene production process that minimizes environmental impact.
HydroGraph Clean Power has successfully assembled and tested its Hyperion System for efficient production of high-purity graphene, aiming for industry-low capex costs per metric ton. This patented system boasts an output purity of 99.8% and utilizes a unique detonation process, minimizing energy consumption and emissions. Currently, the company is engaged in over 30 discussions with potential clients, including large multinationals, with product applications covering a substantial part of the projected $2.5B market by 2028. HydroGraph has recently listed on the OTCQB under the symbol HGCPF, expanding access to US investors.
HydroGraph Clean Power has announced the appointment of Alan Austin as their new Research and Development Lab Scientist, effective immediately. Austin brings extensive experience in materials engineering, having previously focused on innovative applications in lubrication and nano-engineered composites. His background includes a Master of Science in Material Science and Engineering and hands-on experience with graphene oxide. The company expects Austin's expertise to enhance their graphene technology, which has shown significant performance improvements in lubricant applications, reducing friction by up to 55% and mechanical wear by 70%.
HydroGraph Clean Power Inc. (HG.CN) has successfully achieved approval for its common shares to trade on the OTCQB Venture Market under the symbol "HGCPF," enhancing its credibility in the U.S. market. This listing is expected to improve liquidity and attract U.S. investors as HydroGraph aims to scale its graphene production across various industries. The Company plans to upgrade to OTC QX within 6 to 12 months, contingent on achieving specific business milestones. HydroGraph focuses on green manufacturing processes for graphene and hydrogen, positioning itself as a leader in high-tech materials.
HydroGraph Clean Power Inc. (HG.CN) announces significant developments in its transition from R&D to commercialization, as detailed by CEO Stuart Jara. Key achievements include becoming a Verified Graphene Producer, raising CND $4.2 million, and completing production facilities ahead of schedule. In 2023, the company aims for growth by scaling production, expanding applications, and increasing sales, targeting the $2.5B global graphene market. With plans for EPA approval in the U.S. and multiple product launches, HydroGraph positions itself for a robust growth trajectory.
HydroGraph Clean Power Inc. (HG.CN) has appointed Randall Zajac as the new Director of Business Development for Resins and Composites, effective immediately. Zajac brings extensive experience in composites, including roles focused on R&D and business development. The global plastic resins market is expected to grow at a 4.5% CAGR from 2022 to 2030, while the composites market is projected to reach $126 billion by 2026 at a 7.5% CAGR. His role will enhance customer interest in graphene applications as HydroGraph expands production capabilities.
HydroGraph Clean Power Inc. has appointed Bob Wowk as its new Chief Financial Officer, effective November 21, 2022. With over 30 years in finance and business development, Wowk's expertise includes managing projects worth over $5 billion globally. This strategic hire aligns with HydroGraph's goals for significant commercialization efforts and market penetration in 2023. The company recently signed NDAs with potential customers and initiated shipments for initial testing. Former CFO Mathew Lee will now serve as Chief Accounting Officer.
HydroGraph Clean Power has secured a $90,000 annual grant for two years for research at the Fraunhofer Innovation Platform for Composite Research at Western University. This project will examine the use of HydroGraph's graphene in thermoset resins, aiming to enhance mechanical, electrical, and thermal properties in composite applications. HydroGraph's environmentally-friendly Hyperion process validates its position as a top graphene producer. The collaboration aims to expand potential applications of graphene in composites amidst rising demand and interest in green technologies.
HydroGraph Clean Power has successfully raised $4.2M, with executive leadership contributing over $700,000, demonstrating strong commitment. The company, now certified as a Verified Graphene Producer®, is enhancing production at its manufacturing facility, aiming for a modular system capable of producing over 10 metric tons of graphene annually by Q4 2022. Additionally, HydroGraph has entered a Marketing Services Agreement with D2I for $450,000 and 500,000 share options to bolster brand promotion. Their patented process emphasizes eco-friendly graphene production.
HydroGraph CleanPower Inc. will exhibit at The Advanced Materials Show USA on October 11-12, 2022, in Pittsburgh, PA, focusing on advanced nanomaterials. President Kjirstin Breure will deliver a keynote on accelerating nanotechnology adoption. The company is recognized as a Verified Graphene Producer and emphasizes its patented detonation process for environmentally friendly graphene production. HydroGraph aims to lead in sustainable nanomaterial manufacturing, addressing global demand trends while showcasing their products.
HydroGraph Clean Power has successfully closed a non-brokered private placement, issuing 35,151,666 units at $0.12 each, raising approximately $4.2 million. Funds will enhance commercial production of the flagship fractal graphene product, aiming for a production increase to 1 gram per second by Q4 2022. Additionally, HydroGraph plans to advance a new 200 kg/day graphene production unit by 2023. Insiders subscribed for 5,818,500 units, relying on exemptions for minority shareholder transactions. All securities are subject to a hold period of four months post-issue.
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