Grant Award for Industrial Filtration

RNS Number : 7993T

Directa Plus PLC

29 November 2021

 

29 November 2021

Directa Plus plc

("Directa Plus" or the "Company")

Grant Award from TECH FAST Lombardy for Industrial Filtration

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, announces that it has won a project tender from the state of Lombardy's TECH FAST programme for accelerating innovation processes by Lombardy based companies.  The project will last for 12 months and has a total value of €294,058, of which 50 per cent. is non-refundable.  The project will commence immediately.

The project is titled 'GRAFYLTER: Eco-innovation for antibacterial and antiviral industrial filtration using graphene-enhanced filters' and will see the Company develop applications for G+® graphene in industrial filtration, such as for air-conditioning or transportation filters, which have antibacterial and antiviral properties.  It will include the sanification of G+® filters using infrared radiation or electrical heating. 

GRAFYLTER will exploit the deep know-how and experience acquired by Directa Plus over the last two years for the production of its Co-Mask® line of face masks, leveraging the entire value chain, from raw materials major supplier to final customers and will include support from the University Cattolica of Rome.

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "This project will fund us to develop specific applications of our technology for industrial filtration markets, building on the work we have already done to launch our range of anti-viral and anti-bacterial face masks and filters.  Industrial filtration could be an important new market for our sustainably produced products."

For further information please visit http://www.directa-plus.com/ or contact:

Directa Plus plc	[phone]
Giulio Cesareo, CEO Giorgio Bonfanti, CFO
Cenkos Securities plc (Nominated Adviser and Joint Broker)	[phone]
Neil McDonald Adam Rae
Singer Capital Markets (Joint Broker)	[phone]
Rick Thompson Phil Davies
Tavistock (Financial PR and IR)	[phone]
Simon Hudson Heather Armstrong

About Directa Plus

Our focus is principally on the two sectors in which we have strong commercial advantage through developed and launched products and a technological lead: environmental (based on our Grafysorber® product), textiles (based on our G+® products) and, more recently, lithium-sulphur batteries.  In addition, we will continue to pursue opportunities in elastomers and composites (including tyres and asphalt), also using our G+® products.  All our products are hypoallergenic, non-toxic and sustainably produced.  Directa Plus holds the Green Economy Mark from London Stock Exchange which recognises companies that contribute to the global green economy.

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