The group said it is utilizing plasma-functionalized graphene as an inherent component.

Haydale has worked with Carbon Capture, a newly established company based in Florida, to undertake a feasibility study to build and deliver an initial prototype device. It has leveraged Haydale's proprietary plasma functionalized graphene, to provide proof of concept that carbon dioxide can be removed from the atmosphere and stored for later release in a controlled environment.

Within this feasibility study, initial indications show graphene, when properly functionalized through Haydale's proprietary HDPlas plasma functionalization process to optimize the surface chemistry of the nanomaterial, may be capable of adsorbing carbon dioxide.

If this technology is proven at a larger scale, Haydale's work with CCL could position it as a key supplier to this burgeoning market. This offers significant new growth opportunities and long-term value creation for shareholders.

Haydale's CEO Keith Broadbent said: "We are thrilled to be involved in this groundbreaking initiative. Our plasma functionalization process could unlock a graphene-based breakthrough in carbon capture and underscores our commitment to leveraging our nanomaterial expertise for impactful environmental solutions."

Carbon Capture's founders, Sam (Samir) Adams and Fernando Sanchez said: "Our collaboration with Haydale has yielded promising results, exceeding our expectations. We're now ready to scale up to a large demonstration unit of our revolutionary Direct Air Carbon Capture solution. This aligns perfectly with our mission to create sustainable, scalable carbon capture technologies.

"The potential of functionalized graphene in adsorbing CO2 could be game-changing for urban carbon capture. We're confident our work with Haydale will revolutionize the industry, offering a cost-effective tool to combat excessive greenhouse gases globally."