TIDMHAYD
RNS Number : 8506G
Haydale Graphene Industries PLC
24 July 2023
For immediate release 24 July 2023
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Contract Awarded to Develop Graphene Ink-Based Low-Power
Radiator Heaters
Haydale, (AIM: HAYD), the global technology solutions company,
is pleased to announce its next collaboration with Cadent Ltd
('Cadent') to develop graphene ink-based low-power radiator
heaters. The GBP350,000 three-stage project will run for 12-months
and is seeking to develop a tested and validated market-ready
product as a cost-effective alternative for Cadent's customers when
their gas supply is interrupted.
Following continued success on the low-power, battery operated
water heating development announced in February 2022 and July 2023,
the aim for the latest project is to incorporate the same
graphene-ink based technology into different designs to deliver
bespoke solutions for a wide range of customer requirements.
Currently, the provision of fan heaters or oil filled radiators
to Priority Services Register (PSR) customers, or those in a
vulnerable situation without a gas supply, can be expensive and
challenging, particularly for those in ill health, elderly or
disabled customers. Therefore, Cadent is looking for a next
generation solution to provide an alternative heat source that is
easy to manage and ensures the customer experiences no, or minimal,
disruption in their day to day lives. This development will create
a low power alternative radiator heating solution, it will resemble
the look of a standard radiator, so it aesthetically fits in to the
home environment.
Development of graphene-based, high conductivity inks and
coatings that can be applied to surfaces have the potential to
provide even heating across large areas with a very thin profile.
This technology is made possible by Haydale's patented HDPlas Ò
process, which promotes efficient dispersion of nanomaterials and
allows the surface chemistry to be altered to improve the physical
and electrical properties.
This project will be completed over three stages, Haydale will
provide its time and expertise and work with Cadent to develop the
concept, product specification and design that will integrate with
Haydale's printed graphene heater panels to create a tested and
validated solution.
Keith Broadbent, Haydale CEO, said : "We look forward to our
continued collaboration with Cadent on the use of Haydale's
functionalised inks in the energy supply market. Our next
generation graphene-based technology has already demonstrated value
with the low-power water heater development. This latest innovation
aligns with Cadent's commitment to supporting its customers in
vulnerable situations to make them feel safer in an off-gas
situation and be able to still live independently in their
home."
Mark Pritchard, Cadent Innovation Specialist, added :
"When a gas supply is interrupted, it can be quite concerning
for customers and so our teams work extremely hard to repair any
issues as quickly and safely as possible. We are looking forward to
once again working alongside Haydale on this innovative project to
find an alternative heat source that is easy to manage and ensures
customers experience minimal disruption in the event of a loss of
gas. Ensuring customers remain safe and warm in their homes is
always our top priority and it's particularly important that those
in the most vulnerable situations, are able to heat their homes to
the optimum temperature, allowing them to stay warm and live
independently."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, Chief Executive Tel: +44 (0) 1269 842 946
Officer
Patrick Carter, Chief Financial Officer
finnCap (Nominated Adviser & Broker)
Julian Blunt/Edward Whiley, Corporate Tel: +44 (0) 20 7220 0500
Finance
Andrew Burdis, ECM
Notes to Editors
Haydale is a global technologies and materials group that
facilitates the integration of graphene and other nanomaterials
into the next generation of commercial technologies and industrial
materials. With expertise in graphene, silicon carbide and other
nanomaterials, Haydale can deliver improvements in electrical,
thermal, and mechanical properties, as well as toughness through
its state-of-the-art functionalisation. Haydale has granted patents
for its technologies in Europe, USA, Australia, Japan, and China
and operates from five sites in the UK, USA, and the Far East.
For more information please visit: www.haydale.com
LinkedIn: Haydale-ltd
Twitter: @haydalegraphene
About Cadent
Cadent is the UK's largest gas distribution network with a
200-year legacy. We are in a unique position to build on strong
foundations whilst encouraging the curiosity to think differently
and the courage to embrace change. Day to day we continue to
operate, maintain and innovate the UK's largest gas network,
transporting gas safely and protecting people in an emergency. Our
skilled engineers and specialists remain committed to the
communities we serve, working day and night to ensure gas reaches
11 million homes from Cumbria to North London and the Welsh borders
to East Anglia, to keep your energy flowing.
Future of Gas : Here at Cadent we support the Government's plans
to reach Net Zero by 2050. That means we're backing the
introduction of hydrogen as a low carbon alternative to natural gas
for the future. We know people love the controllability of gas and,
with our network already in place, it makes sense to switch to the
lower carbon alternative offered by hydrogen, which we believe can
keep homes and businesses warm for generations to come.
Cadent manages the national gas emergency service free phone
line on behalf of the gas industry - 0800 111 999*
Cadent Gas Ltd is owned by a consortium of global investors.
Louise Day
Head of PR & Communications, Cadent
07773118357
Louise.Day@Cadentgas.com
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