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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.

High-cost production

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.

 Encouraging results

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.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.