First Graphene Locks in Three-Year Deal to Bring Graphene Carbon Fibre to Aerospace Market
Key Takeaways
- First Graphene has signed a three-year Development and Commercialisation Agreement with Aeropreg, an AS9100-certified Turkish prepreg manufacturer and subsidiary of Spinteks, to commercialise PureGRAPH®-enhanced carbon fibre prepreg.
- Aeropreg was added to the Turkish Aerospace (TUSAŞ) Approved Supplier List for composite manufacturing in June 2026, giving FGR's new partner credible aerospace supply chain standing.
- Commercial launch is conditional on successful trial validation — investors should not treat the agreement signing as a guarantee of near-term revenue.
- FGR contributes PureGRAPH® and proprietary epoxy concentrates while Aeropreg provides AS9100-certified manufacturing and existing global sales channels, meaning FGR avoids the capital burden of building distribution infrastructure from scratch.
- The Aeropreg deal adds a second active commercialisation pathway alongside FGR's concurrent 36-month agreement with UK-based Vector Companies Group, which has already produced a commercially launched heat flux sensor.
FGR secures three-year deal to bring graphene-enhanced carbon fibre prepreg to market
First Graphene (ASX: FGR) has entered a three-year Development and Commercialisation Agreement with Turkish prepreg manufacturer Aeropreg to advance a PureGRAPH®-enhanced carbon fibre prepreg towards commercial launch. The agreement marks the next stage in converting FGR’s technical development in carbon fibre composites into a revenue-generating commercial pathway.
Aeropreg is a subsidiary of Spinteks and operates under AS9100 aerospace quality management certification. The global carbon fibre reinforced plastics market is estimated to grow to US$43.7 billion by 2033, according to Grand View Research, representing the addressable opportunity this partnership is targeting.
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What is carbon fibre prepreg — and why does graphene change the equation?
Carbon fibre prepreg is a composite material pre-infused with a partially cured polymer resin. It is widely used to strengthen components across industries where high strength-to-weight performance is critical, including in commercial aircraft airframes and primary structures.
Graphene loading, in this context, refers to the controlled and repeatable dispersion of PureGRAPH® graphene within the prepreg manufacturing process. The aim is to improve the strength and durability characteristics of the resulting material in a way that is consistent and scalable for commercial production.
End-market applications for carbon fibre prepreg include:
- Aerospace and defence
- Automotive
- Marine
- Sporting goods
- Medical and wind energy (existing Aeropreg markets)
What the Aeropreg partnership delivers for FGR
Each party brings distinct capabilities to the collaboration. First Graphene contributes PureGRAPH® and proprietary epoxy concentrates, alongside an established track record in composites research and development. Aeropreg contributes in-house resin development and testing capabilities, AS9100-certified manufacturing, and existing global sales channels across multiple high-value industries.
A notable credential: in June 2026, Spinteks was added to the Turkish Aerospace (TUSAŞ) Approved Supplier List for composite manufacturing, with Aeropreg carrying out prepreg production within the group. That signals credible aerospace supply chain standing for FGR’s new manufacturing partner.
Critically, commercial launch — subject to trial results — is intended to leverage Aeropreg’s existing sales channels. First Graphene does not need to build distribution infrastructure from scratch.
The agreement also aligns with FGR’s increased focus on the US market and its acquisition of MITO Materials, which expanded the company’s composites technology and customer relationships in North America.
Michael Bell, Managing Director and CEO, First Graphene
“The new partnership with Aeropreg represents an important step in progressing our carbon fibre development work towards commercialisation in key industries such as aerospace and defence.”
“Aeropreg brings extensive prepreg manufacturing and resin development capabilities, as well as established global sales channels across a number of high-value industries.”
The partnership structure breaks down as follows:
| First Graphene | Aeropreg | |
|---|---|---|
| Contribution | PureGRAPH® + epoxy concentrates | Manufacturing + resin development |
| Capability | Graphene materials expertise | AS9100-certified prepreg production |
| Commercial Role | Product development | Sales channels + market access |
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Development roadmap and what investors should watch
This is a development-stage agreement. Commercial launch remains conditional on successful validation through the trial programme — investors should not interpret the signing of the agreement as a guarantee of near-term revenue.
The staged development pathway, as disclosed, runs as follows:
- Controlled and repeatable graphene loading within Aeropreg’s prepreg manufacturing process achieved
- Strength, durability, performance and manufacturability of the resulting material validated
- Commercial launch via Aeropreg’s existing global sales channels, subject to trial results
The US$43.7 billion market size figure represents the addressable opportunity context, not a revenue projection for FGR. What the Aeropreg agreement does provide is a structured route into that market, framed by Bell as establishing “another commercial route to market for PureGRAPH®” — a signal of portfolio diversification across sectors rather than dependence on a single commercialisation pathway.
The Aeropreg agreement gives FGR a structured, manufacturer-backed pathway into one of the highest-value segments of the advanced materials market, without the capital burden of building aerospace manufacturing capability internally.
PureGRAPH® commercialisation partnerships have been accumulating across multiple sectors simultaneously, with FGR’s concurrent 36-month agreement with UK-based Vector Companies Group producing a commercially launched heat flux sensor as a parallel route to market alongside the Aeropreg carbon fibre programme.
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