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IN BRIEF: Versarien launches new superparamagnetic material

ALN

Versarien PLC - Cheltenham, England-based engineering materials company - Launches new graphene-based hybrid nanomaterial with superparamagnetic properties, to be used in applications across electronics, sustainability and biotechnology. Development was led by its subsidiary, Gnanomat SL. The material combines graphene with iron oxide and manganese oxide nanoparticles to provide the material with its magnetic properties, the firm says.

‘Potential applications of the material include the treatment of wastewater whereby pollutants are adsorbed onto the graphene surface. The material also lends itself to biomedical and biotechnology applications, or defence applications requiring the shielding of electromagnetic fields. Magnetic manipulation could allow the recovery and recycling of the graphene, something that could not be done with normal graphene compounds,’ Versarien explains.

Current stock price: 18.06 pence, down 6.8% on Monday

12-month change: down 51%

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