- Investment sought:
- Equity offered:
for 7.30% equity
planarTECH makes graphene possible, and our mission is to leverage the success of an existing graphene and 2D materials business (sale of R&D equipment) to continue global growth and expand into new, related markets.
The company was founded in 2014 as a provider of process equipment for the growth and characterization of graphene and other emerging 2D materials. The core product line is the planarGROW Chemical Vapor Deposition (CVD) system and the differentiating feature of the planarGROW product line has been planarTECH's depth of process knowledge and ability to deliver a customized experience to the end users of our product. Every system in the field is unique and has been designed to fit the customer's research and budgetary needs.
Shown above is our largest system in the world, a planarGROW-8S at the National Electronics and Computer Technology Center at the Thailand Science Park. We will leverage the experience building this system to address demand for production systems.
planarTECH's past revenue has come from the direct sales of CVD systems for R&D use, primarily to academic, government and corporate R&D institutions, which has historically provided stable turnover of approximately £1,000,000 per year*. With adequate capitalization, we believe we can continue to grow and expand this business line as we still see steady demand for such systems, especially in the area of emerging 2D materials.
With 65 systems, now in the field, the demand for service and support has increased, which also provides opportunity to realize a steady stream of service revenue, and which we plan to address by hiring additional staff.
However, the main area of growth will come from our increasing number of industrial engagements and an aggressive move into commercial graphene production systems. We have completed a design for a large-scale production system, which we can either sell to customers or use ourselves on a toll-processing basis.