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Haydale takes next step in commercialisation of its anti-counterfeiting technology

Haydale is looking to improve its graphene-based, transparent ink which can be ‘read’ by specially-developed software codes to verify a product’s authenticity
ink in water
Talga’s material can enhance the electrical conductivity of the ink by 15% or more

Advanced materials group Haydale Graphene Industries PLC (LON:HAYD) gained today on news it has entered into a commercial supply and development agreement with Australia-listed Talga Resources.

The tie-up will see the two work together to produce, market and sell jointly-developed transparent conductive ink products using graphene for industrial applications in Asia.

The two companies – which have been working together for a few years now – will look to enhance the properties of Haydale’s graphene-based, transparent conductive ink by using Talga’s highly conductive graphitic materials.

READ: Haydale files patent application for anti-counterfeiting technology

Initial tests showed that Talga’s material can enhance electrical conductivity of Haydale's transparent inks by 15% or more above that of synthetic graphite.

Back in November, AIM-listed Haydale filed a new patent application in the UK for its PATit anti-counterfeiting technology, which uses software codes to ‘read’ the specialty ink on a product’s label or packaging to prove its authenticity.

WATCH: Haydale boss discusses Talga tie-up

“This exclusive agreement marks the next step in the commercialisation of that technology by creating the supply chain to enable the production of commercial quantities of our ink in order to meet the anticipated demand from enquiries received from Asia and the EU,” said Haydale chief executive Ray Gibbs.

“The addition of a transparent conductive ink to our existing opaque conductive inks opens up a far more significant market opportunity for our technology.”

In late afternoon trading, Haydale shares were up 1.8% to 115p.

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