other material
confidence high
sentiment positive
materiality 0.55
GSTX acquires Cima NanoTech for $47M, announces graphene JV and water harvester
Graphene & Solar Technologies Ltd
- Acquired thin-film tech company Cima NanoTech for $47M in May 2021, with 120 patented technologies.
- Joint venture for industrial/electronics-grade graphene production factory in Brisbane, Australia, production target June 2022.
- Developing transparent flexible thin-film solar applications and water harvester units (50-10,000 gallons/day).
- Applications ongoing for EV batteries, EMF shielding for 5G, and anti-freeze windshields.