Business
Memorandum of Understanding with Nanospan India
Memorandum of Understanding with Nanospan India.
About this update from Haydale Plc
[{"type":"text","content":"\n \nRNS Number : 7894E Haydale Graphene Industries PLC 11 May 2017 \n\n \n\n\n\n\nFor immediate release\n\n\n11 May 2017\n\n\n\n\n \nHaydale Graphene Industries plc\n('Haydale' or the 'Company')\n \nMemorandum of Understanding with Nanospan India Pvt Ltd\n \nHaydale Graphene Industries plc (AIM: HAYD), the global nanomaterials group, is pleased to announce that it has entered into a Memorandum of Understanding ('MoU') with Nanospan India Pvt Ltd ('Nanospan') to collaborate on the development of advanced nano composites for applications in the Indian markets.\n \nNanospan is a graphene application development pioneer based in India with proven efficient and accurate material characterisation services. Pursuant to the MoU, Haydale will work with Nanospan on the development of nano composites focused on Defence, Aerospace and Energy sector opportunities in India.\n \nRay Gibbs, CEO of Haydale, said:\n \n\"We are delighted to have entered into this collaboration. Nanospan have several immediate opportunities in their market sectors and are well positioned to be our partner for joint R&D and promoting Haydale's products and services in India. If our collaboration with them is successful we anticipate Nanospan developing our Indian centre of excellence.\"\n \nRavi Nuguru, CEO of Nanospan, said:\n \n\"Nanospan India is focused on graphene and nano material applications for India's Defence, Energy and Aerospace markets. Our work with Haydale should allow us to develop a whole new generation of composite materials with market leading material properties and performance. We hope that the combination of Haydale, a renowned nanomaterials pioneer and Nanospan's expertise with development of advanced polymer/graphene composites and comprehensive characterisation and testing services offerings for nano material, will bring about world class solutions to a number of opportunities in India.\"\n \n - Ends -\n \nFor further information:\n\n\n\n\nHaydale Graphene Industries plc\n\n\n\n\n\n\n\nRay Gibbs, Chief Executive Officer\n\n\nTel: +44 (0) 1269 842 946\n\n\n\n\nMatt Wood, Finance Director\n\n\nwww.haydale.com \n\n\n\n\nTrevor Phillips, Head of Communications\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCairn Financial Advisers LLP (Nominated Adviser)\n\n\n\n\n\n\n...