The grant, supported by the State of New York, will help finance the renovation of Graphene 3D Lab’s new facility at Ronkonkoma and the acquisition of new equipment for the facility.
In early 2017, Graphene 3D Lab was included in LIREDC’s strategic plan for economic development growth within the region. In a document titled “A Region in Motion,” LIREDC named relocation and expansion of production capacity of Graphene Laboratories Inc. as one of the priority projects recommended to receive financial support from the State of New York.
This strategic plan was supported by New York State, as confirmed in an announcement by Governor Andrew M. Cuomo during an awards ceremony December 13. The Long Island Region was identified as a top performer and awarded $83.3 million to fund the projects listed in the plan recommended by LREDC.
“These awards are critical to building the foundations for New York’s future and ensuring that our economic momentum continues,” Cuomo said.
Graphene 3D Lab, Inc. is a world leader in the development, manufacturing and marketing of proprietary composites and coatings based on graphene and other advanced materials. These diverse materials have a wide spectrum of commercial, research, and military applications. The company’s wholly owned subsidiary, Graphene Laboratories Inc., offers more than 100 graphene and related products to a client list comprised of more than 12,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. The company’s suite of products is available online at the company’s e-commerce platform Graphene Supermarket (www.graphene-supermarket.com).