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First Graphene acquires MITO Material Solutions to expand US graphene tech and market reach.

Company Fundamentals
04 Jun 2026
Proactive Investors - Finance
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Bullish
pluang ai news

First Graphene Ltd has acquired the assets, intellectual property, and product portfolio of US-based MITO Material Solutions for A$850,000, including cash and performance-linked shares. This acquisition broadens First Graphene's product range beyond PureGRAPH® to include graphene oxide and functionalised nanomaterials, enhancing its presence in composites, coatings, and advanced materials. The deal also provides an established US customer base, including premium sporting goods brands, and opens opportunities in defence and aerospace sectors with growing interest from US government agencies. The acquisition is structured with performance milestones, aligning payment with future sales, and aims to accelerate commercial adoption of graphene-enhanced technologies globally.

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