Versarien Begins Newest Chinese Venture in Aerospace Sector
Advanced materials engineering group has signed a Memorandum of Understanding (MOU) with a large state-owned Chinese aerospace company. This Chinese partner, while not named, is said to focus in the research, design, manufacture, and operation of various aerospace systems.
The MOU outlines a strategic cooperation, ranging from research to manufacturing, between the two partners to eventually accelerate the industrialisation and market for graphene and Hexotene in the Chinese aerospace sector.
Graphene is a semi-metal comprised of a single layer of carbon atoms, yet, is an excellent conductor of heat and is astoundingly strong; researchers at the Massachusetts Institute of Technology (MIT) used graphene to make a material that was 5% as dense as steel but 10 times stronger.
Versarien’s patented manufactured graphene, Nanene, is possibly the largest world order of graphene to date, setting the company up as a leader in the unique semi-metal’s market.
With a unique hold on such a versatile material, Versarien hopes to use this Chinese partnership to explore uses within the fields of, among others, microwave and electromagnetics radiation shielding and heat dispersion coatings.
The MOU is the latest in a series of ventures Versarien has undertaken in China. In February of this year, Neill Ricketts, CEO and Founder of Versarien, accompanied Prime Minister Theresa May to China as part of a business delegation to increase ties between the two national markets-- a diversification the UK government is keen to capitalize on in the Brexit era.
Versarien’s moves in China should be closely followed, then, as the company forges ahead not only in the semi-metals industry but also moves to the front of growing Sino-British business.
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