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

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

PR Newswire

SYDNEY, June 3, 2026

HighlightsFGR 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 technologiesSignificantly strengthens FGR's exposure to rapidly emerging USA defence and aerospace opportunities involving graphene enhanced technologiesDelivers immediate USA revenues and a substantial growth pipeline with >25 clients in late-stage testing across various sectorsEstablishes a direct-to-market commercial platform in the USACombined with FGR's existing PureGRAPH® technologies, this acquisition creates one of the broadest and most advanced graphene product portfolios globallySYDNEY, June 3, 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").