First Graphene Secures Patents for Kainos Technology Advancing Clean Energy Solutions
Key Ideas
- First Graphene has obtained new patents in Australia and Korea for its Kainos technology, reinforcing its position as a leading innovator in the production of graphite, graphene, and hydrogen from petroleum waste streams.
- The Kainos technology not only produces high-quality synthetic graphite and graphene crucial for electric vehicle batteries but also generates clean hydrogen as a by-product, contributing to the transition to renewable energy sources.
- The company's collaborative research project with Swansea University, supported by funding from Innovate UK, aims to scale up the production of synthetic graphite and pristine graphene, furthering the commercialization of the Kainos technology.
- Amidst the growing global demand for electric vehicles and hydrogen as an emission-reducing energy source, First Graphene's advancements hold promise for meeting market needs and driving innovation in the clean energy sector.
First Graphene has recently secured new patents in Australia and Korea for its Kainos technology, which enables the conversion of petroleum waste streams into graphite, graphene, and hydrogen. This technology has garnered attention from the Australian and Korean governments, highlighting the demand for graphite in these markets. CEO Michael Bell expressed the significance of these patents in solidifying First Graphene's position as an innovator and owner of the Kainos process, emphasizing its potential to support the oil and gas sector and the booming electric vehicle market.
The Kainos technology utilizes innovative methods like acoustic or hydrodynamic cavitation to produce battery-grade synthetic graphite, graphene, and clean hydrogen. These elements play a crucial role in the global clean energy transition, with graphite and graphene essential for electric vehicle batteries and hydrogen serving as an emission-reducing alternative energy source.
In collaboration with Swansea University and supported by Innovate UK funding, First Graphene is conducting a research project to explore the commercial scalability of their technology. The project aims to develop strategies for scaling up the production of synthetic graphite and pristine graphene, with a focus on market potential. If successful, this initiative could pave the way for further grant-funded research to advance the commercialization of the Kainos technology.
With the anticipated six-fold growth in global electric vehicle sales by 2030 and the expanding hydrogen industry, expected to generate significant export revenues by 2050, First Graphene's advancements align with the increasing market demands for clean energy solutions. The company's market focus on high-growth sectors positions it well to contribute to the transition towards sustainable and innovative energy technologies.