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AAP
AAP

FGR accelerates USA expansion & defence sector exposure with strategic acquisition of MITO® Material Solutions

Highlights

  • FGR enters binding agreement to acquire all assets, intellectual property, product lines and manufacturing capabilities of USA-based MITO® Material Solutions, Inc.
  • Strategic acquisition expands FGR's product portfolio into high-value functionalised graphene technologies
  • Significantly strengthens FGR's exposure to rapidly emerging USA defence and aerospace opportunities involving graphene enhanced technologies
  • Delivers immediate USA revenues and a substantial growth pipeline with >25 clients in late-stage testing across various sectors
  • Establishes a direct-to-market commercial platform in the USA
  • Combined with FGR's existing PureGRAPH® technologies, this acquisition creates one of the broadest and most advanced graphene product portfolios globally

SYDNEY, June 4, 2026 /PRNewswire/ -- First Graphene Limited (ASX: FGR; "First Graphene" or "the Company") (FRA:M11) (OTCQB:FGPHF) is pleased to announce that it has entered a binding Sale Agreement ("Agreement") to acquire all product lines, manufacturing equipment and intellectual property of MITO® Material Solutions, Inc ("MITO").

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