Black Swan Graphene (TSX-V:SWAN) CEO Simon Marcotte joins Natalie Stoberman from the Proactive newsroom to discuss details behind the company's strategic partnership between Nationwide Engineering and Arup Group to create an integrated supply chain.
Marcotte says the partnership between Black Swan and NERD includes an equity swap where each company will own approximately five percent of the outstanding shares of the other. He adds the execution of a supply agreement between the two companies will see NERD sourcing its graphene requirements from Black Swan.
The partnership is also joined by Arup, which is expected to enter into a partnership with NERD. And Marcotte explains the partnerships between Black Swan and NERD, and between NERD and Arup, are intended to enhance expertise and create an integrated supply chain aimed at accelerating the adoption of graphene-enhanced concrete globally.