Graphene Manufacturing Group (GMG) has secured a patent for its graphene aluminium ion battery in Australia and signed a new R&D agreement with the University of Queensland (UQ) to further develop the technology. The partnership builds on a previous collaboration initiated in 2021. GMG will have exclusive rights to negotiate a license for any additional IP developed during the collaboration. The company also announced an equity distribution agreement with Cantor Fitzgerald Canada Corporation for an at-the-market equity offering of up to C$20 million.
Graphene Manufacturing Group (GMG) has achieved a significant milestone in its quest to revolutionize energy storage technology. The company has received a patent for its Graphene Aluminium Ion Battery in Australia, marking a crucial step in its development process. This patent grant follows a collaborative research agreement with the University of Queensland (UQ), which aims to further advance the technology and secure its commercialization.
The collaboration between GMG and UQ, which began in 2021, has been instrumental in the development of the Graphene Aluminium Ion Battery. The agreement, signed in 2025, outlines the terms of collaboration, including the exclusive rights GMG holds to negotiate licenses for any intellectual property developed during the project. This agreement builds on the previous ARC Linkage Project, which has now transitioned to a new Collaborative Research Agreement with UQ's Australian Institute for Bioengineering and Nanotechnology (AIBN).
The University of Queensland, ranked among the world's top 50 institutions, is a leading research and teaching institution known for its expertise in bioengineering and nanotechnology. AIBN, a key partner in this collaboration, is recognized for its work in advanced biomanufacturing, nanoengineered materials, and precision nanomedicine. The collaboration with GMG focuses on developing the Graphene Aluminium Ion Battery, which has the potential to offer superior performance and safety compared to traditional battery technologies.
GMG's Managing Director and CEO, Craig Nicol, expressed his satisfaction with the ongoing collaboration, stating, "GMG is very pleased to continue working with the world leading UQ AIBN team and collaborating with them to co-develop our next generation Graphene Aluminium Ion Battery." Professor Alan Rowan, AIBN Executive Director, echoed this sentiment, noting, "We look forward to continuing our strong research and development relationship with the world leading clean technology company GMG and deepening our knowledge on the graphene aluminium ion battery technology."
In addition to the R&D agreement, GMG has also announced an equity distribution agreement with Cantor Fitzgerald Canada Corporation. This agreement involves an at-the-market equity offering of up to C$20 million, which will provide GMG with the necessary capital to fund the development and commercialization of its Graphene Aluminium Ion Battery.
The company's focus on developing commercial-scale capabilities and securing market applications is evident in its four critical business objectives: producing graphene, improving and scaling cell production processes, building revenue from energy savings products, developing next-generation batteries, and developing supply chain, partners, and project execution capabilities.
As GMG progresses with its Graphene Aluminium Ion Battery, it faces various challenges, including technical risks, commercialization risks, safety and regulatory risks, supply chain risks, and financial and market risks. However, the company's strategic partnerships and robust research and development efforts position it well to overcome these hurdles and bring innovative energy storage solutions to the market.
References:
[1] https://graphenemg.com/graphene-aluminium-ion-battery-patent-granted-and-gmg-and-the-university-of-queensland-enter-into-new-collaboration-agreement/
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