The Canadian Grafoid received a $8.1 million CAD ($6.46 USD) grant from the Minister of Natural Resources and Minister Responsible for Sustainable Development Technology Canada (SDTC) to automate Grafoid's production of its low-cost, high-purity MesoGrafâ¢ graphene.
This grant is meant to assist in designing and testing the automation system for the production of constant quality MesoGrafâ¢. Further, the grant enables the testing of pre-commercial products using MesoGrafâ¢ graphene from the automated system.
Ottawa-based Grafoid is the first Canadian graphene technologies developer to partner with the Canadian Government, which joins the European Union, the United States, China and South Korea in providing funding assistance to privately-held graphene enterprises.
Grafoid's CEO stated that the grant will enable the company to take a giant leap towards graphene's broader commercialization and permit it to increase MesoGrafâ¢ production output from kilograms to tonnes within the global technology centre in Kingston, Ontario.