First Graphene Ltd (ASX:FGR, OTCQB:FGPHF, FRA:M11) managing director and CEO Michael Bell talked with Proactive about the company’s growing commercial traction, expanding customer base and its acquisition of Mito, which Bell described as transformational for the business.
Bell explained that First Graphene has differentiated itself from many graphene companies by building a commercial customer base and scaling manufacturing capacity. The company can produce up to 100 tons of graphene and currently has around 35 recurring customers across applications including cement, concrete, conductive inks, textiles and carbon fibre.
A major focus of the discussion was the acquisition of Mito. Bell said the transaction expands First Graphene’s product portfolio through functionalised graphene technologies, adds existing customers and revenue opportunities, and provides access to a substantial US-based pipeline in sectors including defence, aerospace and transportation.
The CEO also outlined how First Graphene’s broader pipeline continues to mature, with customers progressing products toward commercial launch and creating future revenue opportunities for the company.
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