Versarien and CT Engineering Group UK to develop Graphene Enhanced Composite Aerospace Components

24.06.16

Versarien and CT Engineering Group UK to develop Graphene Enhanced Composite Aerospace Components

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CT Engineering Group UK Ltd and Versarien plc (AIM: VRS), the AIM quoted advanced engineering materials group,  are pleased to announce, that it has entered into a Memorandum of Understanding ("MOU") to develop novel graphene enhanced composite components for the aerospace industry.

Paul Chinnock, General Manager CT Engineering Group UK, commented: "Our work with Versarien will allow us to develop a whole new generation of aerospace components with market leading material properties and performance levels. The unique combination of CT Engineering position as a first tier supplier to Airbus Group specialising in advanced composite research & design and Versarien's protected graphene technology, will rapidly move this venture forward and produce a range of innovative products that will disrupt the current aerospace component market."

Neill Ricketts, CEO of Versarien plc commented: "We are delighted to have entered into a collaboration with CT Engineering, a company who specialise in the design of carbon fibre technology for the aerospace industry.  This is another example of the significant commercial interest we are seeing in our graphene technology and how it is rapidly moving from the lab to real world applications, positioning Versarien as the leading graphene supplier to industry in the UK."

 

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