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Premier Graphene Announces New Strategic Joint Venture in Unique, Proprietary, Body Armor Protection
Globenewswire· 2025-06-17 12:40
Following the Second Pending Contract for Protective Plates, Our Enhanced Proprietary Graphene Technology Will be Initiated for Coating of the ArmorEL CENTRO, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- Premier Graphene Inc. (OTC: BIEI), formerly Premier Biomedical Inc., announced today, along with its affiliate HGI Industrial Technologies SAPI, and Nevada Ballistic Armor Corp., its launch of a multinational joint venture producing highly protective body armor for military. As part of this collaboration, Prem ...
Premier Graphene Announces New Strategic Joint Venture in Unique, Proprietary, Body Armor Protection
GlobeNewswire News Room· 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]