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Premier Graphene Announces New Strategic Joint Venture in Unique, Proprietary, Body Armor Protection
GlobeNewswire News Roomยท 2025-06-17 12:40
Core Insights - Premier Graphene Inc. has launched a multinational joint venture with HGI Industrial Technologies and Nevada Ballistic Armor Corp. to produce advanced body armor for military applications [1][3] - The joint venture has successfully delivered armored plates for testing in a Latin American country, achieving NIJ certification in the U.S. [2][3] - Future contracts valued at $18 million are anticipated, with three additional contracts pending, indicating strong market potential [3] Company Overview - Premier Graphene Inc. is focused on developing advanced materials, particularly in graphene technology, for various sectors including defense [7] - HGI Industrial Technologies specializes in processing industrial hemp into bio graphene and manufacturing ballistic protection solutions [7] - Nevada Ballistic Armor Corp. is recognized for its ballistic protection solutions and has established connections that enhance the manufacturing process for military applications [9] Product Development - The armored plates will incorporate proprietary industrial hemp graphene and other advanced materials from affiliated entities [5] - Future iterations of the body armor will include innovative coatings and testing methodologies to enhance performance [5][6] - The collaboration aims to push the boundaries of next-generation body armor solutions through advanced materials and manufacturing techniques [6]