Directa Plus

Directa Plus announced a €500,000 contract to supply graphene-based textile products to an Italian workwear manufacturer. The order includes 10,000 workwear garments using Planar Thermal Circuit graphene technology, with first shipment of 2,000 garments valued at €150,000 in 2018 and the rest by mid-2019.

Directa Plus received a further order from Italian workwear firm Alfredo Grassi, worth an initial €700,000, to supply high-performance technical textiles enhanced with graphene-based G+ technology.

Directa Plus entered into an exclusive collaboration agreement with Arvind Ltd. to infuse Directa Plus' G+ graphene-based products into Arvind's denim fabrics, enhancing properties like thermal regulation and conductivity.

Directa Plus was awarded an exclusivity and development agreement worth approximately €130,000 to develop graphene-enhanced luxury accessories for an existing customer. Work has started at its Advanced Development Area facility.

Directa Plus signed a supply contract with Alfredo Grassi to provide G+ graphene for workwear, expected to generate revenues of approximately EUR 0.6 million over 18 months.

Directa Plus acquired a 60% stake in textile membrane company Osmotek for €60,000 (US $64,555) and launched Directa Textile Solutions (DTS) to commercialize graphene-enhanced textile membranes. Directa Plus will supply graphene products to Novaresin for production.