First Graphene agrees to acquire MITO Material Solutions assets for AU$ 850,000

  • First Graphene entered a binding agreement on June 4, 2026 to acquire MITO Material Solutions’ assets, including product lines, IP, manufacturing equipment.
  • Total consideration AUD 850,000, comprising AUD 275,000 cash with the balance in shares tied to sales targets over 24 months.
  • Deal adds functionalized graphene and graphene oxide capabilities, broadening the product portfolio beyond powders and dispersions.
  • Transaction establishes an operational and commercial platform in the US, targeting defense and aerospace growth opportunities.
  • MITO brings immediate US revenue exposure with more than 25 clients in late-stage testing across multiple sectors.


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