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Premier Graphene Announces New Strategic Joint Venture in Unique, Proprietary, Body Armor Protection
Globenewswireยท 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 government contracts valued at $18 million are anticipated, with three additional contracts pending [3] Company Overview - Premier Graphene Inc. specializes in graphene technology, focusing on advanced materials for defense, automotive, and consumer products [7] - HGI Industrial Technologies processes industrial hemp into bio graphene and manufactures ballistic protection for military and civilian use [7] - Nevada Ballistic Armor Corp. is a key provider of ballistic protection solutions, leveraging extensive contacts for high-quality manufacturing [8] Technological Advancements - The body armor will incorporate proprietary industrial hemp graphene and other advanced materials from affiliated entities [5] - The joint venture aims to enhance body armor solutions through innovative materials and manufacturing techniques [6]