Having Completed Delivery on the First Government Contract, Premier Wasted No Time in Preceding with yet Another Contract with More to Come
MEXICO CITY, July 07, 2026 (GLOBE NEWSWIRE) -- Premier Graphene Inc. (OTC: BIEI) -- HGI Industrial Technologies S.A.P.I. de C.V. (HGI) is pleased to announce that Premier Graphene Inc. (Premier) completed the first manufacturing payment under the Companies' strategic collaboration for the production of 1,600 protective military belts, comprising the second contract awarded by Mexico's Secretaría de la Defensa Nacional (SEDENA).
Many more are coming, including with graphene enhancements.
Epidemiologic Solutions Corporation (ESC), a public charity pursuant to Section 501(c)(3) of the Internal Revenue Code, advanced the initial payment and has guaranteed payment of the balance of the production costs for this initiative, determining that this payment conforms to its exempt purpose, given the unique protective features of this product. ESC is committed to contributing, along with Premier and HGI, to the protection of Mexico's military personnel and has agreed to commit additional resources for graphene enhanced products.
This marks an important milestone in the execution of the second defense contract and authorizes the commencement of full-scale manufacturing of this 1,600-belt production order. The project reflects the continued commitment of Premier and HGI to deliver high-quality products compliant with SEDENA's rigorous standards.
Production activities are currently underway, with HGI overseeing manufacturing operations, quality assurance, and project execution to ensure timely fulfillment of contractual obligations.
"This payment represents another significant step in strengthening our long-term commitment to supporting Mexico's defense industry through innovation, reliability, and advanced manufacturing capabilities," assured Pedro Mendez, President. Mr. Mendez continued, "Premier and HGI continue their active pursuit of graphene-enhanced defense composites, aerospace coatings, quantum-related materials research, and critical mineral resource in South America and Mexico. Achieving our anticipated profitability is a defining moment for Premier Graphene and our shareholders."
The ongoing collaboration between Premier and HGI continues to reinforce both organizations' shared vision of advancing graphene technologies, strengthening advanced manufacturing, and supporting strategic industrial and defense projects in Mexico and other Latin American countries.