HydroGraph Clean Power Inc. announced that its patented Hyperion System, designed for scaled-up production of high-purity graphene achieved a key technology milestone to produce commercial scale quantities graphene. The Hyperion System will produce fractal graphene to serve the various markets including lubricants, energy storage, resins, specialty chemicals, coatings and other markets. The validation process confirmed the capex cost per metric ton of graphene produced will be one of the lowest in the industry.

The system can produce over 10 metric tons per year using readily available commodity acetylene and oxygen. The 2x2 meter modular system is comprised of mostly off-the-shelf components with no major rotating equipment allowing for easy deployment, operating on customer location by integrating into a production line or engineered with additional "reactive graphene" functionalization for increased product performance. The compact footprint also provides environmental benefits through minimal energy usage and low operating costs with one operator able to run multiple systems. HydroGraph aims to open regional production facilities serving targeted customer locations in 2024.

All facilities and production units will be owned by HydroGraph with graphene being sold to customers under long-term contracts. This will allow graphene produced to be engineered to customer volume and specification. Construction lead time for additional units is currently expected to be between 3 and 4 months.

HydroGraph is currently investigating over 20 different graphene applications with over 40 potential customers including 15 testing/NDA agreements already in place.