Haydale Graphene Industries plc announced the award of a SMART Flexible Innovation Support Grant ("SMART FIS") from the Welsh Government, to accelerate development of ultra-efficient, graphene infused heat transfer fluids. This support will assist in the development and proof of concept of scientific innovations, in a commercial setting. Hydratech, a division of Liquitherm Technologies Group and longtime manufacturer of aqueous-based heat transfer fluids, have been awarded a collaborative SMART FIS to work in partnership with Haydale on the project.

By infusing Hydratech heat transfer fluids with Haydale functionalised graphene, there is potential to maximise thermal conductivity and thermal diffusivity, and thus significantly increase the efficiency of all fluid-based heating and cooling systems. The resulting graphene-infused heat transfer fluids would be classified as Fluidstate Superthermal Conductors, or FSC's. Key target sectors intended to benefit from FSC, would be those using domestic and commercial heat pumps, including air source, ground source, geothermal and water source. By increasing the Coefficients of Performance of all heat pumps, the associated users - including and especially domestic households - will benefit from much reduced running costs. I.E., smaller heating bills, whilst significantly reducing greenhouse emissions.

As part of a new innovation strategy for Wales, aimed at supporting Welsh industry by increased investment in research, development and innovation, the SMART FIS funding will enable both companies to accelerate their development of FSC towards market-ready products, with the project totaling £147,221 with a grant value of £73,610 shared between the partners.