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First Graphene acquires MITO to boost US market presence and expand graphene products.

Company Fundamentals
18 Jun 2026
Proactive Investors - Finance
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Bullish
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First Graphene Ltd has completed its acquisition of US-based MITO® Material Solutions, gaining a commercial platform in the US and expanding its graphene product portfolio. The deal includes MITO's assets, intellectual property, and manufacturing capabilities across key product lines used in defence, aerospace, and sporting equipment markets. This acquisition provides First Graphene with immediate revenue and a stronger foothold in the US, especially in high-value sectors like defence and aerospace. The company has appointed MITO's CEO Haley Marie Keith as VP of business development to lead US operations and plans to integrate MITO’s products and customer base to accelerate growth and market expansion globally.

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