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Oct 29, 2023Ionic Industries Announces First Sale of Its Graphene Geotextile
The supply agreement with GeoFabrics Australasia is for the supply of conductive, coated geotextile for sale by GeoFabrics as their Bidim-C product. The Bidim-C product is used to detect holes and potential leaks in newly constructed dams and water tank projects. The agreement is for the supply of Bidim-C over the next 12 months and will generate up to AUD$1,000,000 (over USD$664,000) in revenue for Ionic.
Ionic stated that these achievements and initiatives mark the beginning of a very exciting period for the Company, driving it toward mass production and marketing of graphene-based products.
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