HydroGraph Clean Power
HydroGraph Clean Power is a publicly traded commercial manufacturer (CSE: HG) of ultra-high-purity synthetic graphene produced via patented detonation synthesis technology, serving industrial customers in coatings, composites, energy storage, lubricants, cement, and defense applications globally.
- Company typePublic
- Founded2017
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What HydroGraph Clean Power does
HydroGraph Clean Power Inc. is a publicly traded commercial manufacturer of high-purity synthetic graphene (CSE: HG; OTCQB: HGRAF), founded in 2017 and headquartered in Vancouver, Canada with operations transitioning to Austin, Texas. The company operates a patented Hyperion Reactor platform based on detonation synthesis technology exclusively licensed from Kansas State University, producing graphene through controlled explosion of hydrocarbon gas (acetylene) and oxygen. HydroGraph sells two flagship product lines: Fractal Graphene (FGA-1) at 99.8% pure carbon content as turbostratic nanoplatelets, and Reactive Graphene (RGA-1) functionalized with carboxylic acid groups at 96.3% carbon content. The company is the only graphene producer in the Americas certified by The Advanced Carbons Council's Verified Graphene Producer program.
The business model centers on direct enterprise sales of graphene materials to industrial customers in coatings, thermoplastics, composites, lubricants, concrete and cement, energy storage, and government/aerospace/defense applications, supplemented by ready-to-use dispersions (Nanomyte FGA-1AD/ND co-developed with NEI Corp.). HydroGraph distributes through a network of certified compounding partners including Modern Dispersions (~300 million lbs/yr capacity), Broadway Colours, Hubron International, and Gulf Cryo for the Middle East and Africa. The customer pipeline reportedly approaches 100 engaged accounts, with named adoption across AkzoNobel/Sparc Technologies, Volfpack Energy, Hawkeye Bio, and Breedon Group/FP McCann.
Despite a market capitalization of approximately $2.84 billion as of June 2026, HydroGraph remains pre-revenue at scale, with FY25 revenue in the range of $43,000-$91,000 and a net loss of $10-13 million against a cash position exceeding $41 million. The company has raised over $71 million cumulatively across multiple private placements and is funding a planned 350 tons/year production facility in Texas expected to come online in 2026-2027. Recent regulatory milestones (US EPA TSCA, UK REACH, EU REACH) and the May 2026 commercial launch of AkzoNobel's Interzone 954 protective coating incorporating HydroGraph's fractal graphene mark the transition from pilot-scale to commercial-scale operations.
HydroGraph Clean Power firmographics
Firmographics- Name
- HydroGraph Clean Power
- Legal name
- HydroGraph Clean Power Inc.
- Website
- https://hydrograph.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HydroGraph Clean Power is a publicly traded commercial manufacturer (CSE: HG) of ultra-high-purity synthetic graphene produced via patented detonation synthesis technology, serving industrial customers in coatings, composites, energy storage, lubricants, cement, and defense applications globally.
- Ownership category
- akta.pro rank
HydroGraph Clean Power industry classification
Industry- Product category
- Advanced Carbon Nanomaterials
- NAICS
- Carbon and Graphite Product Manufacturing (335991)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Functional Carbon Fillers (Carbon Black, Graphite) (IMAEAFAO)
- akta.pro secondary industries
- Anode Materials Manufacturing (Graphite, Silicon, LTO) (EUAFABAC), Conductive/ESD & EMI-Shielding Compounds (IMANABAH)
Keywords
Where HydroGraph Clean Power is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices5 records
Markets served
HydroGraph Clean Power business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Graphene Material Sales: Direct sale of graphene nanomaterials (Fractal Graphene and Reactive Graphene products) to industrial customers for integration into polymers, composites, coatings, lubricants, concrete, and energy storage applications. Revenue generated from product sales at volume-based pricing.
- Graphene Dispersions: Sale of ready-to-use graphene dispersions such as Nanomyte FGA-1AD and FGA-1ND developed in partnership with NEI Corp. for advanced coatings, energy storage, and composite materials.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Graphene market opportunity |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
HydroGraph Clean Power product offering
Product offeringCore offering
HydroGraph manufactures and sells ultra-pure graphene nanomaterials using a proprietary patented detonation synthesis process called the Hyperion Reactor. The company produces Fractal Graphene (FGA-1) and Reactive Graphene (RGA-1) products, plus graphene dispersions, sold to industrial customers for integration into polymers, composites, coatings, lubricants, concrete, and energy storage applications.
Differentiator
Problem solved
Functional benefit
Brands
- Fractal Graphene™: Flagship product - ultra-high purity turbostratic graphene with 99.8% carbon content, 3-9 layers, 20-50nm lateral size, available as dispersion, chemically modified, or custom morphologies.
- Reactive Graphene
Products and services
- Fractal Graphene (FGA-1) Flagship ultra-high purity turbostratic graphene with 99.8% carbon content, 3-9 layers, 20-50nm lateral size, 200m²/g SSA, and +60mV zeta potential. Delivers 10-100x better performance than conventional graphene at ultra-low loadings (as low as 0.001%). Sold to industrial customers for integration into polymers, composites, coatings, lubricants, concrete, and energy storage applications.
- Reactive Graphene (RGA-1) Functionalized graphene with carboxylic acid (COOH) groups, 96.3% carbon content, and -25mV zeta potential. Chemically customizable for enhanced integration with host materials. Ideal for dispersions, composites, and catalysis applications.
- Nanomyte FGA-1AD and FGA-1ND Graphene Dispersions Ready-to-use graphene dispersion concentrates developed in partnership with NEI Corp. Combines HydroGraph's fractal graphene with NEI's battery materials expertise. Replaces traditional conducting carbons in electrode slurries. Designed for advanced coatings, energy storage, and composite materials applications.
- EcoSPARC-Optimized Interzone 954 Protective Coating Graphene-enhanced protective coating developed collaboratively between AkzoNobel, HydroGraph Clean Power, and Sparc Technologies. Incorporates HydroGraph's Fractal Graphene into Sparc's ecosparc® additives for corrosion resistance improvement in steel infrastructure, targeting offshore wind, mining, and energy projects.
Quantifiable outcome
- 99.8% pure carbon content graphene with batch-to-batch consistency at commercial scale
- +9 more outcomes
Companies that use HydroGraph Clean Power
Customer profileNamed customers5 records
Segments7 records
Ideal customer profiles6 records
HydroGraph Clean Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
HydroGraph Clean Power partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and major.
- Modern DispersionscoreModern Dispersions certified as qualified HydroGraph Compounding Partner following technical and commercial qualification. Based in Leominster, Massachusetts with second facility in Fitzgerald, Georgia. Brings over five decades of carbon black compounding expertise and approximately 300 million pounds annual production capacity across 18 extrusion lines.
- Sparc TechnologiescoreCollaboration to incorporate HydroGraph's Fractal Graphene into Sparc's ecosparc® additives for protective coatings. Joint testing for corrosion resistance improvement in steel infrastructure. Targets US$33 billion global protective coatings market. LOI could lead to definitive commercial supply agreement within 12 months.
- Sparc TechnologiescorePartnership leverages HydroGraph's Fractal Graphene to improve corrosion resistance in steel infrastructure for protective coatings. Product testing and development ongoing with successful performance potentially leading to broader market rollout through AkzoNobel's Interzone 954.
- Broadway ColoursmajorBroadway Colours Ltd. certified as qualified compounding partner, facilitating broader adoption of graphene-enhanced polymer materials in UK and Europe. Certification confirms ability to produce high-quality, scalable graphene masterbatches with commercial readiness.
- Hubron InternationalmajorAdded to HydroGraph's Compounding Partner Program supporting graphene adoption in thermoplastics. Hubron is global leader in black masterbatch and conductive polymer compounds with over 90 years of materials expertise and worldwide distributor network. Access to automotive, construction, electronics, film, pipe, wire and cable markets.
- NEI Corp.coreLaunch of Nanomyte FGA-1AD and Nanomyte FGA-1ND graphene dispersions for advanced coatings, energy storage, and composite materials. Combines HydroGraph's fractal graphene with NEI's battery materials expertise. Ready-to-use concentrates replace traditional conducting carbons in electrode slurries.
- Gulf Cryo LLCcoreUAE-based Gulf Cryo LLC as key investor and strategic partner to bring pristine graphene to Middle East and Africa. MOU signed May 2024 for distribution and potential manufacturing partnership. Gulf Cryo manufactures and provides industrial, medical and specialty gases in the MEA region.
- Fraunhofer Innovation Platform at Western UniversitymajorResearch collaboration focusing on using HydroGraph's graphene in thermoset resins to improve properties for lightweight, high-performance applications. Supported by $90,000 annual grant for two years from Canadian and German research agencies. Aims to expand graphene's use in composites.
- Graphene Engineering and Innovation Centre (GEIC)corePartnership with University of Manchester's GEIC to accelerate development of graphene applications. Dr. Suhao Li led application R&D team at GEIC facility. Supports customer projects through state-of-the-art facilities and expertise in applications development, including pilot production and rapid prototyping.
- Kansas State UniversitycoreExclusive worldwide license from Kansas State University to produce graphene and hydrogen through patented detonation process. Dr. Chris Sorensen, founding scientist and Cortelyou-Rust University Distinguished Professor Emeritus, discovered the process at KSU.
Scale indicators9 records
Recent moves8 records
Expansion highlights7 records
HydroGraph Clean Power competitors and assessment
Company assessmentDirect peers
- First Graphene: Australia-listed commercial graphene producer with 100+ tonnes/year capacity, 35+ active customers, and distribution across 20+ countries. Most directly comparable to HydroGraph in scale, customer mix, and target verticals (composites, coatings, cement).
- NanoXplore: Canada-based graphene manufacturer serving similar industrial applications including polymers, composites, and batteries. Comparable in geographic origin (Canadian public listing) and product portfolio to HydroGraph.
- Directa Plus: Italy-based graphene producer with G+® branded products targeting textiles, composites, and environmental applications. Public company pursuing similar B2B industrial graphene commercialization playbook as HydroGraph.
- Graphenea: Spain-based graphene materials supplier offering CVD graphene films, graphene oxide, and nanoplatelets for research and industrial applications. Competes in the same high-purity graphene segments HydroGraph targets.
- XG Sciences: US-based graphene nanoplatelet producer serving energy storage, composites, and coatings markets. Direct competitor in the Americas and adjacent in product format (xGnP® graphene nanoplatelets).
- Angstron Materials: US-based producer of pristine graphene nanoplatelets and functionalized graphene for energy, aerospace, and coatings applications. Directly comparable product portfolio and target verticals to HydroGraph.
Emerging players
- Talga Group: Australia-listed company producing graphite and graphene products, with a strong focus on battery anode materials and composites. Comparable to HydroGraph's energy storage segment and shares an emerging-player commercialization profile.
- Vorbeck Materials: US-based graphene company commercializing Vor-ink™ conductive inks and Vor-flex™ composites. Smaller scale than HydroGraph but competes in similar industrial B2B applications.
Broad incumbents
- Cabot Corporation: Global specialty chemicals incumbent producing carbon black, specialty carbons, and battery materials. A much larger established player whose carbon additives overlap with HydroGraph's downstream applications, particularly in batteries and coatings.
- Orion S.A. Global carbon black producer with specialty carbon products serving coatings, polymers, and battery applications. Represents the incumbent specialty carbon supplier whose products graphene partially substitutes or enhances.
Market position
Strengths5 records
Weaknesses6 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
HydroGraph Clean Power social profiles
Digital presenceHydroGraph Clean Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
HydroGraph Clean Power leadership team
Management profileNumber of profiles
Profiles13 records
HydroGraph Clean Power funding detail
Funding detailFunding overview
Funding rounds9 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HydroGraph Clean Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HydroGraph Clean Power
What does HydroGraph Clean Power do?
HydroGraph manufactures and sells ultra-pure graphene nanomaterials using a proprietary patented detonation synthesis process called the Hyperion Reactor. The company produces Fractal Graphene (FGA-1) and Reactive Graphene (RGA-1) products, plus graphene dispersions, sold to industrial customers for integration into polymers, composites, coatings, lubricants, concrete, and energy storage applications.
Is HydroGraph Clean Power a public or private company?
HydroGraph Clean Power is a public company. It is classified as public and is currently operating.
When was HydroGraph Clean Power founded?
HydroGraph Clean Power was founded in 2017. It employs 11 to 50 people.
Where is HydroGraph Clean Power based?
HydroGraph Clean Power is headquartered in Vancouver, Canada, in the North America region.
How does HydroGraph Clean Power make money?
Two revenue lines are on record. Graphene Material Sales are the primary driver. The others are graphene Dispersions.
Who are HydroGraph Clean Power's main competitors?
Direct peers on record are First Graphene, NanoXplore, Directa Plus, Graphenea, XG Sciences and Angstron Materials. Emerging players are Talga Group and Vorbeck Materials. Broad incumbents are Cabot Corporation and Orion S.A..
Does HydroGraph Clean Power have an API?
No public API is recorded for HydroGraph Clean Power.
What industry is HydroGraph Clean Power in?
HydroGraph Clean Power's product category is Advanced Carbon Nanomaterials. Its primary akta.pro industry code is IMAEAFAO, Functional Carbon Fillers (Carbon Black, Graphite), with a secondary code of EUAFABAC, Anode Materials Manufacturing (Graphite, Silicon, LTO). Its NAICS code is 335991 and its SIC code is 2860.