Versarien acquires CVD assets and IP from Hanwha Aerospace and enters into a subscription agreement

Versarien LogoVersarien has announced that it has agreed to acquire certain graphene production related assets and intellectual property from South Korea based Hanwha Aerospace, for (the equivalent to) £4.34 million (around USD$5.8 million).

In addition, the Company has entered into a subscription agreement with Lanstead Capital Investors LP to subscribe for raising gross proceeds of £3.50 million (around USD$4.7 million), the proceeds of which will be used for an additional sharing agreement with Lanstead.

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CVD Equipment, Versarien, Graphene investing and financials

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