Haydale Graphene Industries PLC on Monday announced its next collaboration with Cadent Ltd to develop graphene ink-based low-power radiator heaters.
Haydale Graphene is a Carmarthenshire, Wales-based technology solutions company, while Cadent Gas is a Coventry, England-based regional gas distribution company.
The £350,000 three-stage project will run for 12 months and aims to develop a tested and validated market-ready product as a cost-effective alternative for Cadent’s customers when their gas supply is interrupted.
‘Currently, the provision of fan heaters or oil filled radiators to priority services register customers, or those in a vulnerable situation without a gas supply, can be expensive and challenging, particularly for those in ill health, elderly or disabled customers. Therefore, Cadent is looking for a next generation solution to provide an alternative heat source that is easy to manage and ensures the customer experiences no, or minimal, disruption in their day to day lives,’ it explained.
Haydale will provide its time and expertise and work with Cadent to develop the concept, product specification and design that will integrate with Haydale’s printed graphene heater panels to create a tested and validated solution.
Chief Executive Keith Broadbent said: ‘We look forward to our continued collaboration with Cadent on the use of Haydale’s functionalised inks in the energy supply market. Our next generation graphene-based technology has already demonstrated value with the low-power water heater development. This latest innovation aligns with Cadent’s commitment to supporting its customers in vulnerable situations to make them feel safer in an off-gas situation and be able to still live independently in their home.’
Shares in Haydale were down 4.4% to 1.10 pence each in London on Monday morning.
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