G6 Materials enters collaboration agreement with MADE Advanced Materials
The “Collaborative Project” is intended to explore the possibility of using fiber-reinforced composites with graphene-enhanced resin.
G6 Materials Corp. (Ronkonkoma, N.Y., U.S.) a high-tech company with expertise in advanced materials and developing innovative composites for a wide range of industrial uses, announces that its wholly owned subsidiary, Graphene Laboratories Inc. (GLI), has entered into a strategic partnership agreement (SPA) with MADE Advance Materials Pte Ltd. (Singapore), which aims to develop the next generation of graphene/fiber-reinforced composite materials. The agreement encapsulates the collaboration between GLI and MADE, which is focused on production collaboration and the potential joint development of intellectual property (IP).
The key terms of the agreement include but are not limited to:
- MADE and GLI intend to explore the possibility of using fiber-reinforced composites with graphene-enhanced resin (the “Collaborative Project”) as necessary to meet specific terms provided by the third-party client;
- The Collaborative Project will include three stages — the development stage, the prototype manufacturing stage and the production stage;
- GLI and MADE agree to share the profits of the Collaborative Project and possible future projects;
- GLI and MADE will each cover its own expenses during the development and manufacturing stages of the Collaborative Project and possible future projects;
- GLI is to provide MADE with advanced materials enhanced with graphene; and
- MADE, based on its extensive experience with manufacturing methods including resin transfer molding (RTM), will incorporate this method when working with G6 and GLI.
GLI and MADE have also signed a Joint Intellectual Property Ownership Agreement in conjunction with the SPA. All IP that is mutually made, developed, conceived, first reduced to practice, fixed in any tangible means of expression or created by MADE and GLI during the term of the agreement will be considered to be Joint IP.
GLI and MADE each bring important value to the arrangement. GLI, for example, has expertise in developing formulations of resins enhanced with graphene nanoplatelets and reduced graphene oxide. MADE, has experience in manufacturing carbon and glass fiber composite components and structures using advanced manufacturing methods such as wet layout and RTM.