# Graphene Tech Just Unlocked New Revenue Stream — Here's Why It Matters

First Graphene (FGR.AX) just sealed a major deal with Halocell Energy to commercialize graphene-enhanced carbon paste globally. The 12-month exclusive licence kicks off production at their Henderson facility within a month.

Here's the upside: FGR gets worldwide exclusivity on PureGRAPH products, while Halocell takes a 10% royalty and gets to use the material in their perovskite solar cells (PSCs). Those solar cells are already hitting 30%+ efficiency — a serious jump in renewable energy performance.

Why this matters:
- **Efficiency boost**: Graphene integration lifted PSC efficiency above 30% while slashing production costs
- **Market potential**: Beyond solar, this paste works for electronics, IoT, aerospace, satellites — basically anything needing high conductivity
- **Validation**: This builds on their June 2022 Joint Development Agreement and August 2023 CRC-P partnership, showing real commercial traction

The market reacted positively — FGR shares jumped 4.48% to AUD 0.0700 on ASX. While financial terms weren't disclosed, this is the kind of "under-the-radar" materials play that could reshape renewable energy infrastructure quietly.

The question: Can graphene applications scale fast enough to justify the current valuation? Watch their Henderson facility ramp-up closely.