Haydale Graphene Industries PLC has received funding from the Welsh government to develop graphene-infused heat transfer fluids alongside Hydratech.
Haydale is a Carmarthenshire, Wales-based technology solutions company. Hydratech is a division of Liquitherm Technologies Group, and it specialises in the manufacture of aqueous-based heat transfer fluids.
Haydale said the project will total GBP 147,221, with a grant value of GBP 73,610 shared between Haydale and Hydratech.
The Smart Flexible Innovation Support grant is part of a government scheme aimed at supporting Welsh businesses through investment in research, development and innovation. According to Haydale, the funding will help both companies boost their development of FSC towards market-ready products.