First Graphene (ASX:FGR) secured patents in Australia and Korea for its Kainos technology, which uses petroleum waste streams to produce graphite, graphene, and hydrogen, according to a Tuesday filing with the Australian bourse.
Additionally, the company is in the final stages of a research collaboration with the UK's Swansea University, which received AU$192,152 under the Analysis for Innovators funding from Innovate UK, aiming to explore the market potential of the technology, the filing said.
The project is anticipated to conclude by the end of February, according to the filing.
Shares rose nearly 2% in afternoon trade Monday.
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