Graphene 3D and Toner Plastics Inc. have recently declared the signing of a Memorandum of Understanding (MoU) which will call for joint research, development, and production of specialty 3D printing filaments. As subject to the final agreement, Graphene 3D will develop formulations for the specialty filaments while conducting tests and quality control measurements. The Company will also provide its extensive knowledge in marketing the specialty 3D printing filaments. Toner Plastics will be involved in the manufacturing and packaging of the specialty 3D printing filaments.
According to the terms of the MoU, Graphene 3D is entitled to a royalty payment for filaments manufactured using the formulations developed by the Company. Graphene 3D co-CEO Dr. Daniel Stolyarov commented on the agreement saying, “I hold great enthusiasm towards the potential opportunities that can arise from our strategic partnership with Toner Plastics. We believe that this cooperation will help us meet an increasing demand for specialty FDM filaments by utilizing the Toner Plastics’ production capacity and hence allow us to focus on developing new formulations.”