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Sparc Technologies (ASX:SPN) lights up on latest test results

Technology
ASX:SPN      MCAP $20.03M
18 March 2021 15:00 (AEST)

Sparc Technologies (SPN) has received results from its anti-microbial coatings test work.

South Australian-based Sparc Technologies is a company focussed on developing technology solutions using the unique properties of graphene.

The testing, undertaken by Flinders University in Adelaide, evaluated the antibacterial properties of its graphene-based additives in an epoxy coating system.

The results indicate bactericidal activity in relation to E-Coli, a common and harmful bacteria, with the activity of an epoxy coating being significantly improved by the inclusion of a range of graphene based additives.

One of the graphene additives evaluated completely destroyed the E-Coli bacteria, compared to the same coating type containing no graphene.

Further work is being undertaken to confirm and optimise the results.

This graphene enhanced coating has potential use in areas where control of bacterial growth on surfaces is important like hospitals, public areas, food preparation facilities, drinking water systems, antifouling for shipping and coating for wastewater systems.

“Once again, graphene is continuing to demonstrate its unique properties that impart significant improvements to the graphene applications that Sparc is developing,” said Sparc Managing CEO, Mike Bartels.

“Following on from the very impressive results of earlier work achieved with anti-corrosive coatings, we are now seeing outstanding results with antimicrobial coatings, which encourages us to develop a product for a multitude of anti-microbial coatings applications in multi-billion dollar markets.”

Shares are up 3.57 per cent, trading at 29 cents at 2:30 pm AEDT.

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