Sparc Technologies - SPN(ASX) News & Expert Insights from Stockhead

Sparc Technologies Limited (ASX:SPN) is a South Australian based company that is focussing on the development of innovative technology solutions using the unique properties of graphene. Graphene, which can be extracted from graphite, is a 2-dimensional nano material made of carbon atoms arranged in a hexagonal pattern which gives it unique and powerful properties that, with the right technology, can be imparted on products to improve performance.

Sparc Technologies has licenced graphene-based technologies from the University of Adelaide, a leading institution in the field of graphene research, and will focus on commercialising graphene-based technologies for large industrial markets for marine and protective coatings and environmental remediation. The University of Adelaide is a substantial shareholder in Sparc.

KEY PEOPLE

Tom Spurling – Managing Director

Tom held the position of CEO of Ellex Medical Lasers (ASX:ELX) between 2011 and 2019, which has recently been acquired for c.$100m. Tom has 35 years of experience covering acquisitions, listed company equity capital markets in Australia and the USA, marketing strategy development, development and has specific expertise in the introduction of complex new products in highly regulated markets. In addition, he brings a wealth of sales management, manufacturing, people management, customer relationships management (both private business and Australian, US and other governments), and significant general managerial expertise.

Stephen Hunt – Chairman

Stephen is currently a Non Executive Director of American Pacific Borate and Lithium Ltd. (ASX: ABR). Previous Directorships include, Executive Chairman and a Non Executive Director of ASX listed company, Volt Resources Ltd, (ASX: VRC), Non Executive Director Magnis Energy Technologies Ltd. (ASX: MNS), IMX Resources Ltd and Australian Zircon Ltd. Cumulatively, over 20 years as a Director of ASX listed companies. Earlier experience includes various marketing roles

including over 15 years with BHP. Stephen is also a Director of the charity, Count Me In.