- HydroGraph Clean Power (OTCQB: HGRAF) plans to increase revenue from $500,000 this year to over $10 million next year.
- The company's patented synthetic graphene process achieves a purity of 99.8%, surpassing the industry standard of 50%.
- Expansion plans include a new facility in Texas and a potential NASDAQ uplisting.
HydroGraph Clean Power Inc. (OTCQB: HGRAF) recently unveiled a significant breakthrough in synthetic graphene technology during an appearance on CEO.CA's 'Inside the Boardroom' series. The company's President & CEO, Kjirstin Breure, elaborated on their patented process that precisely creates graphene with an impressive purity level of 99.8%. This purity far exceeds the current industry standard of 50%, positioning HydroGraph as a leader in graphene production.
The company is also forecasting a substantial increase in revenues, with projections outlining a climb from $500,000 this year to over $10 million in contracted revenue for the next year. This anticipated growth is attributed to their advanced technology and strategic business expansions.
Key developments for HydroGraph include the establishment of a new production facility in Texas and the pursuit of a listing on NASDAQ, which would enhance their market visibility and accessibility to investors. Support for their technology has been robust, with validation provided by the Graphene Engineering Innovation Center at Manchester University, further solidifying HydroGraph's position as a pioneering force in the graphene industry.
