Sparc Technologies: Partners with QUT to develop sustainable battery materials

Sparc Technologies Partners with QUT to develop sustainable battery materials

  • Sparc Technologies (SPN) enters into a three-year partnership agreement with the Queensland University of Technology (QUT) to develop sustainable battery materials
  • The companies will collaborate to develop functional materials using graphene and carbon material and related manufacturing process technologies for a range of applications
  • Further, the partnership signifies a long-term commitment, affording Sparc the first right of refusal to commercialise technologies developed from projects it undertakes with QUT
  • The parties have begun developing a novel process to produce hard carbon using low cost and sustainably-sourced green bio-waste targeting the sodium ion battery industry
  • Shares in Sparc have ended the day 14.8 per cent in the green to close at 93 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app.Highlights: Ex-Revolut staffers raise $6M in funding.New app...