NETPark based firm stopping assault rifle bullets seeks funding in UK and US
A Sedgefield firm which has developed a shield that can stop bullets fired from some of the world’s most powerful weapons is seeking funding in the UK and America.
Graphene Composites’s GC Shield has been designed to protect school children in the US from mass shootings, which have become an all too common occurrence.
The firm initially used its revolutionary graphene material to stop low calibre rounds but over the last year it has improved the design of its GC Shield to stop bullets from high calibre weapons.
Its tests have shown that the GC Shield is capable of stopping rounds fired by an AR-15 assault rifle – the weapon used to kill 15 people at Parkland high school, in Florida, last year.
The company, based at the Centre for Process Innovation at NETPark, has taken to crowdfunding site Crowdcube to raise £300,000 to expand its business further.
News source: The Chronicle
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We initially came because of the printable electronics centre but access to a highly skilled semi conductor workforce in the North East has been a key factor in us staying and growing here, as well as the value for money office space and the access to funding.
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It fits perfectly for us that we’re surrounded by like-minded companies at NETPark. There are a number of highly skilled people in the area who can help us grow our business. The facilities and services offered by NETPark are first class, they make office life simple and engaging.
The proximity to the universities and the infrastructure are very important factors. Ultimately having a presence in Europe is very valuable to us and we intend to stay at NETPark for many years to come.