Alexium extends US Air Force deal

16/02/2011 - 11:01

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Perth-based advanced materials group Alexium has announced a six-month extension to its US Air Force research and development agreement, and says it is working on a new multi-year contract to expand applications for its surface treatment technology.

Perth-based advanced materials group Alexium has announced a six-month extension to its US Air Force research and development agreement, and says it is working on a new multi-year contract to expand applications for its surface treatment technology.

Over the past year Alexium and the US Air Foce have been expanding the applications for Alexium's reactive surface treatment (RST) technology for both civilian and military markets.

Under the extended agreement, Alexium and the US Air force will continue to develop new products and grow the patent portfolio.

The technology involves surface modification and the attachment of nano-particles and chemicals to surfaces for water proofing, oil proofing, anti-microbial, non-stick and UV protection applications.

Alexium managing director Steve Ribich said the principle object of the agreement was to ensure the rapid transition of the RST technology into military and commercial products.

"We continue to view the U.S. Air Force as a key technical collaborator and value the role AFRL plays,"Mr Ribich said in a statement to the ASX.

"Over the last year, the collaborative research activities have resulted in a number of key technical milestones, benefiting both parties.

"Continuing to grow the relationship and taking advantage of obvious synergies benefits both parties."

The US Air Force announcement comes two days after Alexium announced an agreement with Canadian specialised fabrics firm Stedfast to jointly compete for the right to develop a lightweight chemical and biological warfare protective garment for the US Department of Defence.

The US Department of Defence's Uniform Integrated Protection Ensemble program is fully funded by the US government, and valued at up to $US129 million.

Alexium and Stedfast said they have been working with raw material suppliers and a garment manufacturer as prime contractors to supply the protective garments.

"The teaming agreement is based on combining two state of the art technologies and businesses to provide the best product to the defence industry and other markets," Mr Ribich said.

Alexium is expecting the UIPE contract to be awarded later this year.

At 10:40AM (WST) Alexium shares were steady at $1.15.

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