M&A / Property
HydroGraph and Sparc Technologies Team Up to Commercialize Graphene-Enhanced Coatings for Global Infrastructure Protection

HG · Price
Executive Summary
- HydroGraph Clean Power Inc. entered into a Letter of Intent with Sparc Technologies Ltd. to test and potentially commercialize HydroGraph’s Fractal Graphene™ in Sparc’s ecosparc® protective‑coating additives.
- Initial laboratory testing showed 39 %–60 % reduction in scribe corrosion creep, and further ISO 12944 cyclic corrosion testing (4,200 h) will be performed.
- The collaboration targets the ~US$33 billion global protective and marine coatings market, with a potential addressable market of ≈US$1 billion per year for ecosparc®‑based products.
Key Details
- Letter of Intent (LOI): Signed 23 Mar 2026; establishes framework for joint testing, product development, and possible commercial supply of Fractal Graphene™ to Sparc.
- Testing Results: Up to 1,680 h laboratory tests in water‑based coatings showed a 39 %–60 % reduction in scribe corrosion creep (ASTM D1654‑08).
- Future Testing Plan: Sparc will conduct ISO 12944 cyclic corrosion testing for 4,200 h on solvent‑based coatings to validate performance under industry standards.
- Market Opportunity: Global protective and marine coatings market estimated at US$33 billion; ecosparc® additive’s addressable market estimated at ~US$1 billion per annum (≈25 % of the broader market).
- Commercial Timeline: If performance targets are met, parties aim to negotiate a definitive commercial agreement within approximately 12 months (not guaranteed).
- Supply Arrangement: HydroGraph will supply Fractal Graphene™ materials for Sparc’s product development and commercialization efforts, focusing on low addition rates and reduced environmental impact.
- Strategic Fit: Sparc has relationships with five of the eight largest protective‑coatings manufacturers and ongoing field trials with major end users (e.g., BHP, Santos, U.S. Government).
- Potential Joint Activities: Includes joint marketing and commercialization to accelerate adoption of graphene‑enabled coatings in North America and global markets, contingent on testing outcomes.
Notable Quotes
“Protective coatings represent one of the most immediate and scalable applications for graphene,” said Kjirstin Breure, President and Chief Executive Officer of HydroGraph. “We expect this collaboration to provide HydroGraph with a pathway into a large, established market through a partner with deep industry relationships and a proven additive platform.”
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Jun 29, 2026 · 09:00