leadf
logo-loader
viewDirecta Plus PLC

Directa Plus 'captures attention' after years of thorough research, signing NexTech Batteries deal

Directa Plus PLC's (LON:DCTA) Giulio Cesareo talks to Proactive London about the signing of a deal with NexTech Batteries, a Lithium Sulphur batteries firm based in Nevada.

Cesareo explains the 'long journey' which began back in 2013 analysing opportunities in lithium batteries which are now beginning to come to fruition. And in 2017 after analysing their research, they began attracting a lot of attention in this battery domain.

Under the agreement, Directa will supply NexTech with its pristine graphene nanoplatelets, a key raw material for manufacturing the cathode of Lithium Sulphur batteries.

In terms of future opportunities, Cesareo acknowledges the market to be worth '$47m now and moving close to $100m', which he is keen to capitalise on.

Quick facts: Directa Plus PLC

Price: 129 GBX

AIM:DCTA
Market: AIM
Market Cap: £79.16 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Directa Plus PLC named herein, including the promotion by the Company of Directa Plus PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Market Report: FTSE hits bump in the road ahead of Boris's roadmap to freedom

FTSE 100 made a poor start to the week with all eyes firmly on Boris Johnson’s lockdown speech this evening. London’s blue-chip index fell 53 points to 6,570. Boris Johnson will unveil his finalised roadmap today with an expected cautious four-point plan to ease the England out of lockdown....

1 week ago

2 min read