LANSING, Mich., Jan. 29, 2014 /PRNewswire-iReach/ — XG Sciences, Inc. (XGS) announced today it has closed on a strategic investment led by Samsung Ventures Investment Corporation (Samsung Ventures). Philip Rose, XG Sciences CEO, said the investment will be used to fund additional research and development of the company’s advanced materials. The terms of the investment were not disclosed.
Dallas, TX (PRWEB) January 23, 2014
The current overall graphene market is estimated to be between US$13-$15 million. However this will grow significantly in the next 10 years and is likely to be larger than projected figures from a number of market consultancies. For example, XG Sciences have over 600 customers in the automotive, electronics, battery and aerospace industries, and the company generated $4 million in revenue in 2012. Most of the major graphene producers have relationships with electronics and battery OEMs.
Dallas, TX — (SBWIRE) — 01/20/2014 — According to a new market research report “Graphene Electronics Market: Materials (PV, Electronics); Devices (Supercapacitors, Transistors, Spintronics, Sensors, ICs and Chips, Lenses); Products (Computing, Consumer, Memory, Display); Developments (Nanotubes and Ribbons, Fullerenes) (2013 – 2023)”, the total graphene technology market is expected to grow at an estimated CAGR of 55.54% from 2013 to 2023 which includes in-depth segmentation of material, products and devices.