We combine graphene, aerogel and other nano-materials to make some of the strongest, lightest, most resilient materials ever created. In the US, we have signed our first $1.2m school contract for our GC Shield active shooter protection - with strong growth prospects in this and other areas.
Founded in 2016, Graphene Composites combine graphene (the strongest material and best electrical conductor) with aerogel (a top insulator/shock absorber) to make products for the armour, aerospace and renewable energy sectors. We are one of the few graphene nanotechnology companies to take an idea - bulletproof graphene/aerogel armour - all the way through to commercial product sales.
Since our Crowdcube round in February, we have signed our first $1.2m US school contract for our GC Shield active shooter protection; with over a dozen schools and places of worship in our sales pipeline. We are also extending our GC Shield technology to police/military applications.
In Energy, we are developing plans to apply our graphene/aerogel composite and other nano-materials technologies to improve the strength and reliability of wind turbines.
In the Defence sector, we are now working with the US Army and a major defence and aerospace contractor to apply GC nano-technologies to key projects.
Our patents pending are in the process of being approved, and we have manufacturing partnerships in both the UK and US so we can grow to meet customer demands.
In short, 2019 has been a very good year for GC, and we think that 2020 and beyond will see significant revenue and profit growth in both the UK and US. This is where GC begins to pick up serious momentum.
13k Revenue, -277k EBITDA FY to March 19