First Graphene locks in global rights to graphene carbon paste as commercialization widens

First Graphene said on November 25, 2025, that it has secured exclusive global rights to develop, market and sell a graphene-enhanced carbon paste already used in perovskite solar cells, giving the Australian materials company a clearer commercial route for a product that sits at the intersection of coatings, conductive inks and energy hardware.

First Graphene and Halocell expand a 2022 collaboration

The company’s agreement with Halocell Australia builds on an existing joint development program and gives First Graphene 12 months of global exclusivity over the PureGRAPH-containing paste. Halocell will receive a 10% royalty on sales and continue using the material in its commercial perovskite solar cells.

First Graphene said the paste has already been introduced into Halocell’s product line through earlier development work, where it is used as a conductive layer in roll-to-roll manufacturing. The company said the formulation has helped lift PSC efficiency to more than 30% and cut production costs, while avoiding traditional conductors such as gold.

Manufacturing sample production is due at Henderson within a month

The most immediate operational step is manufacturing sample graphene-enhanced carbon paste at First Graphene’s Henderson facility, which the company said is planned to begin within the next month. That matters because it shifts the story from validation and licensing into the practical question of whether the material can be supplied consistently enough for wider customer evaluation.

First Graphene said the paste is not limited to solar applications. It identified possible uses in heating systems, sensors, ceramic coatings, electrodes and electrochemical mixes, suggesting the company is trying to position the material as a versatile conductive coating platform rather than a single-product derivative.

Why the deal matters for graphene coatings

Graphene coating and additive businesses have often struggled to move beyond isolated demonstrations. A licensing structure tied to an already commercialized product gives this deal a different profile: it is not just a lab result, but a packaged route to market with a named manufacturing partner and a specific production timeline.

For the broader graphene coatings sector, the significance is less about hype than about repeatability. If First Graphene can supply the paste at scale and keep the performance gains intact, the company would have a stronger case that graphene-enhanced formulations can survive the jump from development into industrial use.

That is the milestone now in view, with the next verified step set to begin at Henderson.