Directa Plus PLC (AIM:DCTA, OTC:DTPKF) said it has inked its first supply contract in Latin America, worth €1mln over four years.
Signed with CIA Miguel Caballero SAS, a Columbian-based manufacturer of ballistic protection clothing, Directa will supply 77,500 linear meters of PTC printed material over four years following a four-month trial period, it said.
"This contract is the first high-volume application of the PTC technology in ballistic vests and our first in Latin America,” said Giulio Cesareo, founder and chief executive of Directa Plus in a statement.
“We are looking forward to working with Miguel Caballero - which has global distribution - and creates specialized personal protection for human beings through innovative garments," he added.
London-listed Directa, a supplier and producer of graphene nanoplatelets products, will provide CIA Miguel’s subsidiary, MC Amor, with PTC printed linings for ballistic vests.
CIA Miguel will integrate Directa’s “trademark G+ in the products' marketing information as a warranty seal for performance, sustainable graphene production, and material safety".
Products embedded with Directa’s PTC technology using the G+ graphene will be shown first in Las Vegas this coming January during the 2023 ShootShow.