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First Graphene Limited Acquires Graphene Innovator

Ionic Industries Ltd. acquired by First Graphene Limited (ASX: FGR)

AcquisitionTechnology, Information and MediaAU

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Ionic Industries Ltd. logo
Acquired

Ionic Industries Ltd.

AustraliaTechnology, Information and Media

Undisclosed amount

April 28, 2026

First Graphene Limited (ASX: FGR) logo
Acquirer

First Graphene Limited (ASX: FGR)

Manufacturing

First Graphene Limited (ASX: FGR) has completed the acquisition of Ionic Industries Ltd. for an undisclosed amount. This corporate transaction signifies First Graphene’s full purchase and ownership of Ionic Industries, which has distinguished itself as Australia’s pioneering company dedicated to the commercialisation of graphene technologies. Over the past five years, Ionic Industries has achieved a range of critical milestones and recent successes, positioning itself for significant growth in developing real-world applications for graphene-based technologies, particularly in the fields of energy storage, nano-filtration, and water treatment.

This strategic acquisition is expected to significantly bolster First Graphene’s capabilities and accelerate its market penetration in high-potential sectors. Ionic Industries’ dedicated focus on translating graphene research into tangible, commercial applications, especially within advanced energy solutions and sustainable water treatment, aligns directly with the broader strategic objectives of First Graphene. The integration is designed to leverage Ionic’s established progress and intellectual property, thereby enhancing the combined entity’s capacity for innovation and product development within the rapidly evolving global graphene industry.

Expected synergies from this acquisition include an accelerated timeline for the development and commercialisation of advanced graphene products. By combining Ionic’s specialised application development expertise with First Graphene’s resources and market reach, the unified entity aims to expedite the delivery of next-generation graphene solutions to a broader customer base. This strategic consolidation underscores a clear commitment to strengthening the global presence and impact of graphene-based technologies. The combined operations are anticipated to drive significant advancements, expanding product offerings and opening new market opportunities across various industrial applications, positioning the merged entity as a leader in graphene innovation.

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