New Year Message From Cientifica
Cientifica, the graphene investment company that aims to acquire and build businesses that make use of emerging technologies and advanced materials, has sent out a New Year’s message to current shareholders that highlights the business objectives for the year.
The company outlines its growth strategy as a focus will be on applications of graphene, nanotechnology and industrial biotechnology, with markets ranging from chemicals, aerospace and microelectronics to smart and sustainable buildings. Furthemore, the company actively seeks to, “invest by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements. Such investments may result in the Company acquiring the whole or part of a company, asset or project.”
First traded on the UK AIM market in November, the share price has shown a good level of growth for such a short space of time.
Written by the CEO, Tim Harper, the letter indicates that the primary focus will be bringing graphene applications to market.
I would like to take this opportunity to thank former Avia Health Informatics Plc shareholders for staying with us, and to welcome new shareholders and to provide an end of year update on Cientifica.
Since becoming involved with the Company in September the new management team has resolved all outstanding creditor issues through a CVA and changed the Company’s name to Cientifica Plc. The investing policy of Cientifica Plc is to invest in and build companies applying graphene, but not to produce graphene itself.
Graphene is still attracting significant interest, both from the markets, as shown by the recent Applied Graphene Materials plc flotation and the increasing number of graphite miners seeking to link themselves with graphene, and also from certain companies who are promoting graphene as a commodity which can be actively traded. Our belief, based on our experience with other nanomaterials, is that the price for all forms of graphene will only be driven down as capacity increases and production technologies improve. We are aware of and have visited several Far East companies whose production capacity is an order of magnitude greater than anything in Europe or the USA.
We have identified a number of applications of graphene which will allow us to target major markets. These are applications where graphene has the potential to introduce game changing technology and for which we have already identified potential customers. We are in discussions with a number of parties in respect of such opportunities, the results of which we hope will be announced in due course.
In the final quarter of 2013 we also commenced relationships with a number of graphene businesses in the Far East, the US and Europe with a view to ensuring that we have a scalable and high quality supply of graphene and access to highly skilled partners for developing the graphene based materials which we will require. We also initiated discussions with a number of academic institutions whose expertise and infrastructure would allow us to develop graphene applications faster and at lower cost than working alone.
With over €1 billion of funding going into graphene research in Europe alone, we believe that the current opportunities we are pursuing are just the tip of the iceberg. Our contacts and our extensive academic network give us a window on the future applications of graphene. This allows us to identify applications early and build significant value by securing and developing them. Our capability in developing early stage nanotechnology businesses, combined with our academic network also allows us to minimise risk.
Whilst we believe that 2014 will be another year of graphene related excitement, we will continue to focus on bringing real applications of graphene to market. We believe that this is the best way to build a long term sustainable business and to repay the confidence of our investors.
With best regards and best wishes for a prosperous and happy New Year