Directa Plus PLC Project tender awarded
19 Julho 2023 - 3:00AM
RNS Non-Regulatory
TIDMDCTA
Directa Plus PLC
19 July 2023
RNS Reach
19 July 2023
Directa Plus plc
("Directa Plus", the "Group" or the "Company")
Directa Plus awarded tender by Lombardy Region as part of its
'Ricerca & Innova' programme
Directa Plus (AIM: DCTA), a leading producer and supplier of
graphene nanoplatelets based products for use in consumer and
industrial markets, has been awarded a project tender from the
Italian Region of Lombardy as part of its 'Ricerca & Innova'
programme to further develop Graphene Plus (G+) air filtration
applications.
The project is for an 18-month period and has a total value of
c.EUR400,000 which includes a non-repayable grant of EUR142,500 and
a zero interest loan EUR264,642 which will be repaid over seven
years. This award will enable Directa Plus to continue investing
and developing its air filter applications, leveraging the
antiviral and antimicrobial properties of its G+ technologies.
It is proven that the G+ filter has a bacterial load reduction
higher than 99.98% and, when tested in conditions of simulated use,
it is three times more efficient than the average alternative
products on the market. Moreover, Graphene Plus is free from any
hazard identification, being the G+ technology which is non-toxic
and safe for both humans and the environment.
Directa Plus has been working on the development of G+ air
filters since 2020 following the rapid and successful
commercialisation of a high performing graphene-based mask, the
Co-Mask, to contribute to the fight against Covid-19. This quickly
led to exploring industrial filtration applications in the
automotive industry and Directa Plus will now use the funding to
target Industrial Heating, Ventilation and Cooling (HVAC)
applications.
Based on recent research by Fortune Business Insights, the
global air filters market size was valued at $14.68 billion in 2022
and it is projected to grow to $25.69 billion by 2030, exhibiting a
CAGR of 7.3% over those years.
The Ricerca & Innova programme aims to support investments
in industrial research, experimental development and process
innovation by companies based in Lombardy. Directa Plus was
selected as part of the programme, among many other participants,
due to the innovative capabilities of the Group's G+ technologies
and timing of the submission.
Commenting, Giulio Cesareo, Founder and CEO of Directa Plus,
said : "We are excited to have been awarded this project tender by
the Lombardy local government which recognises our commitment to
innovation and developing advanced technologies. It will enable
Directa Plus to further invest in and develop an innovative product
enhanced by the unique properties of Graphene Plus at a faster rate
than previously possible and strengthen our position in fast
growing markets. We are grateful for the support of Lombardy Region
to accelerate the production of G+ air filtration
applications."
For further information please visit
http://www.directa-plus.com/ or contact:
Directa Plus plc +39 02 36714458
Giulio Cesareo, CEO
Giorgio Bonfanti, CFO
Cenkos Securities plc (Nominated Adviser
and Joint Broker) +44 131 220 6939
Neil McDonald
Adam Rae
Singer Capital Markets Securities Limited
(Joint Broker) +44 20 7496 3069
Rick Thompson
Phil Davies
Alma PR (Financial PR Adviser) +44 20 3405 0205
Justine James directaplus@almapr.co.uk
Hannah Campbell
Kinvara Verdon
Notes to Editors
Directa Plus (www.directa-plus.com) is one of the largest
producers and suppliers of graphene-based products for use in
consumer and industrial markets. The Company's graphene
manufacturing capability uses proprietary patented technology based
on a plasma super expansion process. Starting from natural
graphite, each step of Directa Plus' production process -
expansion, exfoliation and drying - creates graphene-based
materials and hybrid graphene materials ready for a variety of uses
and available in various forms such as powder, liquid and
paste.
This proprietary production process uses a physical process,
rather than a chemical process, to process graphite into pristine
graphene nanoplatelets, which enables Directa Plus to offer a
sustainable, non-toxic product, without unwanted by-products.
Directa Plus' products are made of hybrid graphene materials and
graphene nano-platelets. The products (marketed as G+(R)) have
multiple applications due to its properties. These G+(R) products
can be categorised into various families, with different products
being suitable for specific practical applications.
Directa Plus was established in 2005 and is based in Lomazzo
(Como, Italy) and has been listed on the AIM market of the London
Stock Exchange since May 2016. Directa Plus holds the Green Economy
Mark from London Stock Exchange which recognises companies that
contribute to the global green economy.
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