Investment in graphene (Grafoid), the Canadian government, and a 2015 federal election

The federal government of Canada is facing an election this year and many analysts believe it will be held in October 2015. Interestingly, there have been a few recent announcements about funding, also referred to as contributions, for technology companies in the provinces of Ontario and Québec. (You need to win at least one of these provinces if you want to enjoy a majority government.) My Cellulose nanocrystals (CNC), also known as nanocrystalline cellulose (NCC), and toxicity; some Celluforce news; anti-petroleum extremists post* on Feb. 19, 2015 includes my observations (scroll down past the toxicity topic) about the government’s ‘clean technology’ promotional efforts and the rebranding of environmentalism into an ‘anti-petroleum’ movement.

This latest announcement about a ‘non-repayable grant’ is to be found in a Feb. 20, 2015 news item on Azonano,

The Hon. Greg Rickford, Minister of Natural Resources and Minister Responsible for Sustainable Development Technology Canada (SDTC) announced today the award of $8.1 million to Grafoid Inc. – Canada’s leading graphene technologies and applications developer – to automate Grafoid’s production of its low-cost, high-purity MesoGraf™ graphene.

“Our government is investing in advanced clean energy technologies that create well-paying jobs and generate economic opportunities. Today’s announcement contributes to economic prosperity and a cleaner environment in Ontario and across Canada,” said Mr. Rickford, who is also the Minister Responsible for Federal Economic Development Initiative for Northern Ontario.

The contribution from SDTC is an $8.1 million non-repayable grant to design and test the automation system for the production of constant quality MesoGraf™. Further, the grant enables the testing of pre-commercial products using MesoGraf™ graphene from the automated system.

The minister announced the funding at a news conference in Toronto attended by Grafoid and five other Canadian non graphene-related technology companies.

Ottawa-based [Ottawa is in the province of Ontario] Grafoid, the developer of a diverse range of renewable energy, industrial, military and consumer applications from its MesoGraf™ materials is the first Canadian graphene technologies developer to partner with the Canadian Government.

A Feb. 20, 2015 Grafoid news release on Marketwired.com, which originated the news item, describes how this makes Canada like other constituencies and gives a bit more detail about the company and its aims,

Canada joins the European Union, the United States, China and South Korea in providing funding assistance to privately-held graphene enterprises.

Grafoid Founding Partner and CEO Gary Economo praised Canada’s decision to stake its claim in the graphene space as the world races toward the commercialization of a potentially disruptive, pan-industrial nanomaterial.

“This is a great day for the Canadian graphene industry and for Grafoid, in particular, because it leads us out of the laboratory and into the automated manufacturing of the world’s new wonder material,” he told the news conference.

“Effectively, today’s $8.1million Federal government funding grant enables us to take a giant leap towards graphene’s broader commercialization,” Mr. Economo said. “It will permit us to increase MesoGraf™ production output from kilograms to tonnes within our global technology centre in Kingston, Ontario.

“For this we are truly appreciative of Canada’s actions in recognizing our science and commercial objectives. In the past three years Grafoid has travelled the globe staking our unique position in the graphene revolution. Today we are gratified to do this going forward with the Government of Canada,” Mr. Economo said.

Grafoid produces MesoGraf™ directly from high-grade graphite ore on a safe, economically scalable, environmentally sustainable basis. Its patent pending one-step process is unique in the industry, producing single layer, bi-layer and tri-layer graphene.

It is then adapted – or functionalized – by Grafoid for use in biomedical, renewable energy storage and production, military, aerospace and automotive, additive materials for 3D printing, water purification, construction, lubricants, solar solutions, coatings, sporting equipment and other sectoral applications.

At one atom thin, graphene is a two-dimensional pure carbon derived from graphite.

It is the strongest material known to science, is barely visible to the naked eye, yet it holds the potential to become a disruptive technology across all industrial sectors and ultimately, for the benefit of humanity.

Grafoid’s Game-Changing Process

Grafoid’s unique graphite ore-to-graphene process produces a material that eliminates cost barriers to graphene’s broad commercialization in a number of industries, some of which include building materials, automotive, aerospace, military, biomedical, renewable energy and sporting equipment.

In order to bring those application developments to market Grafoid’s partners require a scaling up of MesoGraf™ production to supply their needs for pre-production development testing and commercial production, and; the expansion of Grafoid’s research and development.

The automation of bulk MesoGraf™ graphene production is a global first. Uniformity and consistency are critical to the development of mass produced commercial applications.

One of the company’s first-to-market MesoGraf™ developments is in the renewable energy storage and power generation sectors. The market for quick charge long-life batteries is vast, and growing.

Hydro-Quebec – one of the world’s premier patent holders and suppliers of renewable energy technologies – is one of Grafoid’s first long-term sustainable technology development partners. [emphasis mine]

Within six months of development, multiple patents were filed and initial tests of the joint venture’s MesoGraf™ lithium-iron phosphate materials resulted in extreme gains in power performance over conventional batteries.

Grafoid’s corporate goal is not to simply be a graphene supplier but a global partner in commercial application development. With the ability to ramp up graphene output the company’s long-term financial prospects are secured from royalties and licensing fees from jointly developed technologies.

Competitive cost advantages built into an automated MesoGraf™ graphene production regime results in anticipated cost advantages to customers and licensees.

The Hydro-Québec deal with Grafoid was mentioned here in a Nov. 27, 2012 posting which includes this nugget,

There’s also the announcement of a joint venture between Grafoid (a company where, I believe, 40% is owned by Focus Graphite) with the University of Waterloo, from the Apr. 17, 2013 news item on Azonano,

Focus Graphite Inc. on behalf of Grafoid Inc. (“Grafoid”) is pleased to announce the signing of a two-year R&D agreement between Grafoid Inc. and the University of Waterloo to investigate and develop a graphene-based composite for electrochemical energy storage for the automotive and/or portable electronics sectors.

Given the company information included in the news release, there seems to have been a change in the corporate relationship between Grafoid and Focus Graphite. At the very least, Grafoid announcements are now generated by Grafoid itself,

About Grafoid Inc.

Incorporated in late 2011, Grafoid invested in a novel process that transforms raw, unprocessed, high grade graphite ore from its sister company, Focus Graphite to produce single layer, bi-layer and tri-layer MesoGraf™ graphene.

Today, Grafoid, a private company, sits as Canada’s innovation leader and standard-bearer in the global graphene technology space.

The company’s diverse commercial application developments include more than 15 global corporate partnerships – including Fortune 500 companies.

With 17 active projects under development with 11 universities and laboratories, and; some 64 patent applications filed or in development, Grafoid’s business goes beyond scientific R&D.

Grafoid’s Canadian-developed technologies are exported globally.

During the last three years Grafoid has experienced exponential growth as a global enterprise through joint-venture partnerships with Hydro-Quebec, Japan’s Mitsui & Company and other multinational corporations in the United States and Europe.

Grafoid’s wholly-owned subsidiaries Alcereco of Kingston, Ontario and Braille Battery, of Sarasota, Florida extend the company’s capabilities into graphene related material science and nano-engineering.

Braille is a world leader in ultra lightweight Lithium-ion high performance battery production and is a supplier to Formula 1, NASCAR and IndyCar racing vehicles.

The sister company, Focus Graphite also based in Ottawa, which provides Grafoid’s graphite flakes, owns a deposit in the northeastern part of Québec. (You can read more about graphite deposits and mines in my Feb. 20, 2015 post, NanoXplore: graphene and graphite in Québec (Canada).

Of course, this flurry of announcements may point to a Spring 2015 election.

*’posted’ changed to ‘post’ on Oct. 26, 2015.

2 thoughts on “Investment in graphene (Grafoid), the Canadian government, and a 2015 federal election

  1. Andrew Hutton

    A small but significant step in carving out Canada’s – and Grafoid’s – position in the global graphene space. The automation of MesoGraf production is critical in advancing our industrial joint venture development partnerships in the U.S, Europe, Japan and China.

    Thanks for sharing our news.

    Andrew Hutton
    Public Affairs & Corporate Communications
    Grafoid Inc.
    Ottawa

  2. Maryse de la Giroday Post author

    Dear Andrew, Thank you for dropping by to leave this comment. Yes, it is good to see Canada participating. There was a time when I would have been hard pressed to describe the graphene enterprise in this country. Cheers, Maryse

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