Shares in Haydale rose 3 per cent on Wednesday after the company announced it had been granted a European patent for its functionalisaton process for graphene and other nanoparticulates. The company confirmed it would investigate using its patented process beyond graphene.
The patent granted by the European Patent Office covers Haydale’s unique plasma functionalisation process which is branded under the name HDPlas.
The company said its immediate focus remained on commercialising graphene and other nanocarbons but that the patent “considerably” increased its “future opportunities”.
Ray Gibbs, CEO of Haydale, said: “Now that we have our HDPlas® functionalisation process protected by patent this gives us great belief and confidence that Haydale is in a unique position to benefit from the adoption of graphene enhanced materials by a range of industries.”