What Sparc Technologies does

Sparc Technologies Limited (ASX: SPN; OTCQB) is an Australian advanced materials company headquartered in Kent Town, South Australia, with a registered office in Melbourne and a small team of fewer than 10 employees. The company listed on the ASX in 1984 and currently has a market capitalisation of approximately A$34.6M as of late June 2026. Its core business is the development and commercialisation of graphene-based additives sold under proprietary brand names, including ecosparc® for protective coatings, SparcES™ for electrostatic discharge (ESD) and conductive coatings, and biosparc® for aquaculture netting applications. The company also holds a 36% stake in Sparc Hydrogen, a joint venture with Fortescue and the University of Adelaide focused on photocatalytic water-splitting technology for green hydrogen production.

Sparc monetises through a B2B channel partnership and OEM-embedded model: it develops graphene additives on a drop-in basis so that coatings manufacturers can integrate them into existing formulations without re-engineering. Pricing is quote-based, and the company is moving toward multi-year supply contracts with major coatings producers. The commercial breakthrough came in December 2025 with the first commercial sale, followed by a flagship May 2026 distribution agreement with AkzoNobel for Interzone 954, embedding ecosparc® into a coating range distributed across more than 150 countries. Subsequent agreements include Petro Vietnam Paint for the PERAPHENE range (Southeast Asia launch scheduled Q3 2026), Dulux Australia (Cape Jaffa Lighthouse trial), and a binding supply agreement with HydroGraph Clean Power (March 2026) for fractal graphene inputs. Field trials have been conducted with Flinders University, BMA (BHP), and Santos, and the company has secured non-dilutive funding through an A$2.75M AEA Innovate federal grant alongside a A$3.2M capital raise completed in May 2025.

The FY25 result showed a net loss of A$2.277M, and the cash balance declined from A$3.3M (June 30, 2025) to A$1.47M (June 2026 quarter), reflecting the cost of scaling commercialisation. Revenue remains in an early ramp phase, with the disclosed FY25 financials showing negligible top-line contribution. The company is positioned at an early-commercialisation inflection point, with the breadth of partnerships and product launches across protective coatings, ESD/conductive coatings, aquaculture, and green hydrogen energy establishing a multi-vertical platform play around graphene technology.

Name

Sparc Technologies

Legal name

Sparc Technologies Limited

Website

https://sparctechnologies.com.au

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Sparc Technologies is an Australian advanced materials company that develops graphene-based additives (ecosparc®, SparcES™, biosparc®) for protective coatings, ESD/conductive coatings, and aquaculture netting, plus a hydrogen photocatalyst JV. It sells drop-in additives to global coatings manufacturers such as AkzoNobel and Petro Vietnam Paint via OEM-embedded partnerships.

Ownership category

akta.pro rank

Product category

Industrial Coatings Additives

NAICS

Paint and Coating Manufacturing (325510)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Carbon‑Based Carbon Materials (graphite, carbon black, CNTs, graphene from CO₂/CO) (EUABAIAG)

Keywords

• Graphene additives
• Protective coatings
• Green hydrogen
• Conductive coatings
• Advanced materials

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Graphene Additive Sales (ecosparc®, SparcES™): Revenue from selling graphene-based additive products to protective coatings manufacturers. First commercial sales achieved in late 2025. Products integrated into partner coating lines.
2. Licensing and Technology Commercialization: Potential licensing revenue from hydrogen technology and graphene formulations. Non-binding MOUs in place with various partners.
3. Grant Funding: Non-dilutive funding including A$2.75 million AEA Innovate grant for hydrogen pilot development and Biosparc funding. Company reported FY25 net loss of A$2.277 million indicating early-stage revenue generation.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Sparc Technologies develops and commercializes proprietary graphene-based additives — ecosparc® for marine and industrial protective coatings, SparcES™ for electrostatic discharge and conductive coatings, and biosparc® for aquaculture netting — sold as concentrate inputs to coatings manufacturers and aquaculture operators. Through the Sparc Hydrogen JV (with Fortescue and University of Adelaide), the company is also developing photocatalytic water splitting technology (SHARP) for direct solar-to-hydrogen production without an electrolyzer.

Differentiator

Problem solved

Functional benefit

Brands

• ecosparc®: Graphene-based additive for protective coatings developed over 6+ years of research, designed to enhance performance of marine and protective coatings for steel infrastructure.
• biosparc®
• SparcES™
• Sparc Hydrogen

Products and services

• ecosparc® Graphene Additive Graphene-based additive designed to enhance performance of marine and protective coatings for steel infrastructure. Achieves ISO 12944-6 C5-High corrosion classification and up to 60% reduction in scribe corrosion creep. Sold as concentrate to major coatings manufacturers (AkzoNobel, Petro Vietnam Paint, Dulux Australia) who integrate it into their coating formulations.
• SparcES™ Graphene Additive Range Graphene additives for electrostatic discharge (ESD) and electrically conductive coatings targeting data centers, semiconductor fabrication, and EV battery production facilities. Provides lower dosage rates, simpler material handling, and higher durability than conventional conductive fillers (graphite, carbon black, carbon nanotubes).
• biosparc® Graphene-Enhanced Polymer

Quantifiable outcome

• Up to 60% reduction in scribe corrosion creep after 480 hours ISO 9227 neutral salt spray testing
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• Petro Vietnam PaintcoreOEM/ Whitelabel/ Licensing Partner · 9 June 2026First international commercialization of ecosparc through Petro Vietnam Paint's PERAPHENE coating line for marine, offshore, industrial, and infrastructure applications. Market launch expected Q3 2026.
• AkzoNobelflagshipOEM/ Whitelabel/ Licensing Partner · 8 May 2026AkzoNobel commercialized ecosparc graphene additive into Interzone 954 protective coating, launched May 2026 after 6+ years of development and 21 months of field testing. This is Sparc's flagship commercial partnership providing access to AkzoNobel's global network spanning 150+ countries.
• HydroGraph Clean Power Inc.coreStrategic or Co-development Partner · 24 March 2026Letter of Intent to incorporate HydroGraph's Fractal Graphene into Sparc's ecosparc additives. Initial testing showed 39-60% reduction in scribe corrosion creep. Partnership targets US$33 billion global protective coatings market with potential North American supply access.
• Dulux AustraliacoreOEM/ Whitelabel/ Licensing Partner · 13 November 2025Partnership applying ecosparc-enhanced coating to Cape Jaffa Lighthouse in South Australia. Graphene additive integrated into Dulux's Durebild STE coating system for coastal protection trial.
• Sparc Hydrogen JV (Fortescue Ltd + University of Adelaide)flagshipStrategic or Co-development PartnerJoint venture developing photocatalytic water splitting technology for green hydrogen production. Fortescue holds 36% stake. SHARP pilot plant achieved 6 months continuous operation as of June 2026. Technology produces hydrogen directly from sunlight without electrolysis.
• University of AdelaidecoreStrategic or Co-development PartnerResearch partner in Sparc Hydrogen JV providing photocatalytic expertise. Hosted SHARP pilot plant at Roseworthy campus. Contributing academic research capabilities to hydrogen technology development.
• Flinders UniversityminorStrategic or Co-development PartnerResearch partner for biosparc graphene-enhanced polymer technology for aquaculture netting, conducting testing at South Australian Research and Development Institute (SARDI).
• BHP Mitsubishi Alliance (BMA)minorStrategic or Co-development PartnerField trial of ecosparc enhanced coating at Goonyella Riverside coal handling and preparation plant in Queensland, Australia.
• SantosminorStrategic or Co-development PartnerField trial evaluation of ecosparc enhanced coating at Port Bonython gas and liquids hub.
• CLCminorChannel Partner/ Reseller/ DistributorMemorandum of understanding for distribution of ecosparc in certain markets.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Graphenea: Spain-based graphene oxide and graphene nanoplatelet producer supplying research and industrial customers including coatings formulators. Closest European non-listed graphene materials peer.
• Directa Plus plc: UK-listed graphene nanoplatelet producer with GTM focused on textile, environmental, and coatings additives. Closest European pure-play graphene peer with similar end-market applications.
• Talga Group Ltd: Australian-listed (ASX:TLG) advanced materials company developing graphene and graphite additives for coatings, batteries, and composites. Comparable in scale, listing venue, and additive focus.
• HydroGraph Clean Power Inc. Canadian producer of high-purity fractal graphene with whom Sparc signed an LOI in March 2026 to incorporate HydroGraph's graphene into ecosparc. Direct competitor/partner in graphene additive supply for protective coatings.
• First Graphene Ltd: Australian-listed graphene producer (ASX:FGR) developing graphene additives for coatings, composites, and industrial materials. Closest ASX-listed pure-play graphene peer with similar B2B additive GTM.
• Haydale Graphene Industries plc: UK-listed advanced materials company commercializing plasma-functionalized graphene and other nanomaterials for composites, coatings, and energy storage applications.

Broad incumbents

• Nel ASA: Norwegian-listed electrolyzer incumbent and one of the largest pure-play hydrogen technology companies. Relevant peer for Sparc's photocatalytic water splitting optionality, representing the conventional competing pathway to green hydrogen.

Emerging players

• Universal Matter Inc. North American graphene and carbon materials producer developing graphene additives for coatings, composites, and concrete. Comparable emerging player in graphene-enabled industrial materials.
• Vorbeck Materials Corp. US-based graphene materials company commercializing Vor-x graphene for elastomers, coatings, and composites. Comparable emerging player in graphene additives for industrial formulations.
• Archer Materials Ltd: Australian-listed (ASX:AXE) advanced materials company pursuing quantum computing and biochip applications, with historical graphene materials experience. Comparable ASX-listed small-cap advanced materials platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sparctechs
• YouTubeyoutube.com/channel/UCz8ghN6LkMVPhL2xfHRJe1Q
• LinkedInlinkedin.com/company/sparc-technologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sparc Technologies