Plaid Technologies announces graphene supply deal, marketing program and new financing round

The company has entered into a 24-month definitive agreement with a European producer of high-quality graphene, securing expanded access under a tiered pricing structure:

Up to CA$4 million at $90 per gramAn additional CA$6 million at $85 per gramA further CA$10 million at $80 per gram

The new agreement follows a prior purchase of approximately CA$1.14 million of graphene at CA$130 per gram, reflecting a significant reduction in cost as volumes increase and the commercial relationship matures.

Plaid Technologies has announced three developments aimed at supporting its commercialization strategy: a new graphene supply agreement, a marketing services engagement, and a non-brokered private placement.The company has entered into a 24-month definitive agreement with a European producer of high-quality graphene, securing expanded access under a tiered pricing structure:Up to CA$4 million at $90 per gramAn additional CA$6 million at $85 per gramA further CA$10 million at $80 per gramThe new agreement follows a prior purchase of approximately CA$1.14 million of graphene at CA$130 per gram, reflecting a significant reduction in cost as volumes increase and the commercial relationship matures.

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