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Hardware & electrical equipment

Haydale Graphene bounces on RFID tag agreement in Thailand

The co-development is expected to lead to a formal supply and collaboration agreement in the coming months.

Haydale Graphene Industries PLC (LON:HAYD) is to work with Star RFID in Thailand to develop graphene and silver-based-inks for the printed Radio Frequency Identification market.

The co-development is expected to lead to a supply and collaboration agreement in the coming months.

The two have already started to develop jointly a dedicated silver ink for Star, which will have the right of first refusal for any products arising from the joint development agreement.

David Banks, Haydale’s executive chairman, said: "Since HTT, our Thai facility, officially opened in March 2017, we have secured a number of paid-for projects that have developed into longer term and closer working relationships with some of Thailand's high-profile companies.

“Star RFID is no exception and we look forward to further developments in 2019."

RFID tags identify products but unlike barcodes do not require a ine of sight to be scanned.

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