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Versarien PLC - Cheltenham, England-based engineering materials company - Teams with Manchester-based sports apparel and equipment maker Umbro. Umbro will use Versarien's Graphene-Wear technology in its Elite Pro-Training Kit sportswear range, initially for the 2023 spring/summer collection.
Versarien adds: ‘Versarien has been working on several projects with Umbro since 2018 and this is the first to lead to products being launched. Versarien's Graphene-Wear ink formula will be printed on the inside of the new Elite Pro-Training Kit garments. The Graphene-Wear formula features novel properties that will allow wearers to experience enhanced thermal transmittance, increased moisture management, with improved drying rate, without compromising air or water vapor permeability. The garments will also have Versarien's Graphene-Wear trademark applied.’
Current stock price: 17.70, up 11% on Tuesday morning in London
12-month change: down 52%
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