Key highlights, include:
•De.mem to partner with Purafy Clean Technologies, Kingston, Ontario, Canada(“Purafy”), in the manufacturing, development, sales & distribution of the GO membrane technology.
•Under the agreement, De.mem receives exclusive access to Purafy’s unique Graphene Oxide nanoparticles.
•In exchange, De.mem grants exclusive rights to Purafy for the use of De.mem’s GO membrane, within Purafy’s portable and domestic water treatment products.
•De.mem intends to promote Purafy’s domestic water treatment products into Australia and Singapore initially.
•The commercial launch into the North American and Australian markets is pending the completion of regulatory product certifications, which are expected to be achieved within the next 6-12 months.
•De.mem conservatively estimates its revenues from the new partnership during the initial market introduction phase at approx. $300k and $750k in year 1 and 2 from the product certification respectively, for the North American and Australian markets only. There is substantial additional growth potential beyond year 2, and from the launch of the technology into other regions.
De.mem will partner with Purafy Clean Technologies, Kingston, Ontario, Canada (“Purafy”), in the manufacturing, sales & distribution of the GO membrane technology.
Purafy is a division of Grafoid Inc., a graphene research, development and investment company that promotes a range of graphene-based products for applications in key commercial markets. Purafy manufactures and sells a range of products for domestic water filtration, as well as portable water treatment systems.
Under the agreement, De.mem receives exclusive access to Purafy’s Graphene Oxide nanoparticles for use within De.mem’s polymer ultrafiltration membrane. De.mem has tested Purafy’s GO nanoparticles extensively and selected over several other, similar materials. Its unique properties allow De.mem to manufacture GO enhanced polymer-based ultrafiltration membranes with significantly enhanced filtration characteristics.
The new GO membrane technology has been validated in industrial trial projects in Singapore, and is proven to deliver 20-40% higher water flux (=throughput, or volume of clean water produced)vs. standard polymer ultrafiltration membranes in combination with a superior rejection of contaminants.
In exchange, De.mem grants exclusive rights to Purafy for the use of De.mem’s GO ultrafiltration membrane, within Purafy’s portable and domestic water treatment products.
De.mem intends to promote Purafy’s domestic water treatment products into Australia and Singapore initially.
