Carbon Sciences, Inc. (OTCMKTS:CABN) had a record-breaking journey yesterday after the graphene making company produced successful results from its self-funded research project at the University of California, Santa Barbara. The company’s press note highlighted that the research has displayed the production of high-quality graphene through the use of a low-cost chemical vapor deposition.
The breakthrough natural properties of graphene have led experts believes that the substance will be the next big thing in driving electronics, composites, and communication. However, the production of graphene suffered on account of high manufacturing costs associated with it. The present method of producing graphene, known as CVD is still expensive from the point of mass-market requirements such as sensors, touch screens, flexible electronics, etc.
But, the team at the University of California, headed by Dr. Kaustav Banerjee, has identified a low-cost CVD technology, which can produce graphene through proprietary processes and techniques. The team has been able to produce high-quality of graphene through full optimization and innovation. At the same time, Carbon Sciences, Inc. (OTCMKTS:CABN) noted that the system can be customized in order to produce specific application based graphene.
Carbon Sciences, Inc. (OTCMKTS:CABN)’s CEO Bill Beifuss said that the promising results delivered by the team is encouraging and inspiring. He added that the results will help the company to pursue transforming the technology into a feasible commercial technology. He said that the some of the processes followed in the research are innovative and may drastically reduce the cost for producing graphene.
It is to be noted that Carbon Sciences has sponsored the year-long research program at the University of California in order to find the cost-effective way of producing graphene. Following the press note, the stock of Carbon Sciences, Inc. (OTCMKTS:CABN) surged by 125% to close at $0.0135. A total number of 1.40 million shares recorded volume during the last session.