The University of Manchester has started a new company, tasked to develop and commercialize products using its graphene technology.
The new company, the Graphene Enabled Systems Limited is currently based at the University of Manchester Innovation Centre or UMIC on Grafton Street. Newly appointed CEO, Andrew Wilkinson heads this new company which is wholly owned and operated by the university.
The mission of the Graphene Enabled Systems Limited is to build and create several highly profitable spin-out businesses with the university’s graphene patent portfolio as its main foundation. With this in mind, it is projected that a lot of these future spin-out companies will be headquartered in and around Manchester, and is seen to create and generate more jobs in the area and at the same time boost the local economy.
The university’s new company is looking and searching for new markets for graphene-based products utilizing the patents of the university while closely working with their research team. Once they have determined these potential markets, researchers and scientists from the new company will then create high-quality product models which will be used as a showcase sample and highlight the technology that they will be bringing to their prospective industrial partners, associates and customers.
Graphene Enabled Systems Limited said that they will be bringing in their very first product demonstration within the next twelve months; right after this new company was established. As a very vital part of their graphene strategy, the new company closely works not only with the research teams of the university, but also with the UMI3 and UMIP or the innovation and IP groups, the National Graphene Institute or NGI and starting next year in 2017, the new company is expected to collaborate with two notable entities, the new Graphene Engineering Innovation Centre (GEIC) and the Sir Henry Royce Institute for Advanced Materials.
During the launching of the new company, the new CEO of the Graphene Enabled Systems Limited in a speech said:
“The University of Manchester has been at the forefront of this scientific breakthrough and, based on this, we are now in a unique position to harness the full potential of Graphene and other 2D materials. At Graphene Enabled, we plan to create a huge range of exciting new products such as stronger, lighter composite materials; new flexible conductive inks; super-tough abrasion resistant coatings; special filters designed only to let selected materials pass through them and a huge array of new high-performance electronic components and energy strorage devices such as batteries and capacitors. All of these potential new products are made possible by the work that is being carried out at the University and our job, at Graphene Enabled is to work with industrial partners, investors and entrepreneurs to turn this innovative science into real products. “
Last 2010, two scientists, Sir Kostya Novoselov and Sir Andre Geim, both belonging to the University of Manchester’s academics were given the prestigious Nobel Prize award for their exemplary and innovative experiments which opened new doors to this new field of science.
The University of Manchester’s agent for IP commercialization greatly supports not only the launching and the establishment of the Graphene Enabled System Limited but also for its development.
While the new company is aimed and groomed to look beyond the country or focused internationally, the creation of any businesses which resulted to the development of Grahene Enabled Systems Limited and its product, will most likely result in a cluster of 2D technology business in the Northwest which in effect will help boost the economy not only of Manchester but the country in general. Furthermore, the Graphene Enabled System Limited’s logo will be placed strategically on all the products that were created and developed through its commercialization program. This marketing strategy will show how advanced and sophisticated the technology in the university has become.