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LONDON - Haydale Graphene Industries plc (AIM:HAYD) announced Thursday the launch of a graphene-enhanced heat-transfer fluid, expanding its commercial platform into the cooling and thermal management market.
The advanced materials group has received a Notice of Intention to Grant from the UK Intellectual Property Office for patent GB 2625980, which covers the use of surface-functionalised graphene particles in heat-transfer fluids for heating and cooling systems.
To accelerate commercial deployment, Haydale has formed a strategic partnership with Liquitherm Technologies Group, a UK-based formulator of specialist heat-transfer fluids with over 25 years of experience, to jointly commercialize the patented technology across domestic, industrial and data-center applications.
The company has also received a non-binding Letter of Intent from a US-based global manufacturer of electric vehicles and energy systems to evaluate the fluid for next-generation power-device cooling.
Additionally, Haydale signed two Memoranda of Understanding with UK data-center design specialists to trial the fluid within cooling systems in South Wales and other UK locations.
The development represents the second key pillar in Haydale’s commercialization strategy, following its JustHeat product line. The company’s technology aims to address heat dissipation challenges in data centers and high-performance computing facilities, where cooling can account for up to 40 percent of total power consumption.
Simon Turek, CEO of Haydale, stated: "From graphene to gigawatts, South Wales is quietly building the materials engine of the modern digital economy, and Haydale is proud to be contributing at its centre."
The company noted that while these agreements are not expected to generate immediate commercial revenues, they represent the next phase in commercializing the technology as it moves from laboratory validation into controlled field trials with partners.
The announcement was based on a company press release.
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