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#BRES Blencowe Resources PLC – Rocket Component Testing Programme

Blencowe Resources Plc (LSE: BRES) is pleased to announce that graphite concentrate from its Orom-Cross Graphite Project in Uganda has been used in a rocket component testing programme in the United States (California), with the initial test firing successfully completed and early observations indicating encouraging performance in high-temperature applications.

The Company provided Orom-Cross graphite concentrates to American Energy Technologies Company (“AETC”) who manufactured mouldings designed for use in rocket propulsion nozzles, including defence-related test applications.  These nozzles were developed to evaluate the replacement of a percentage of the synthetic graphite typically used in such components and to assess the suitability of Orom-Cross material in high-temperature environments.

A recent test firing programme was attended by representatives from Pluto Aerospace, Purdue University and various US Government Agencies alongside Blencowe’s Chief Operating Officer Iain Wearing.  The programme successfully completed the planned test runs, and data is now being analysed by the parties involved. Blencowe expects to provide further updates as additional milestones are reached.

The testing application was conducted with Pluto Aerospace on its hypersonic sub-orbital rocket platform in the initial programme. Further testing is planned and, subject to programme scheduling and technical outcomes, orbital testing is expected in the latter half of 2026.

In parallel, AETC has also been testing graphite-based coatings applied to rocket fin components to evaluate durability under hypersonic conditions and icephobic properties (surfaces designed to repel ice, prevent ice formation, or significantly reduce ice adhesion), with potential applicability across military and civilian aircraft environments.  While the recorded data remains under analysis, initial observational performance has been encouraging, and the Company will update the market as results become available.

 

Strategic relevance and Next Steps

·      Real-world validation: live firing provides an important proof point beyond laboratory testing

·      Specialty market potential: propulsion nozzle and coating applications may represent another niche, high-value pathway for a portion of Orom-Cross production

·      Military and space programme applications: the more value-enhancing strategic relationships Blencowe and AETC can build within US Government agencies, and associated technology providers, the more likely offtakes and/or funding from this direction

·      Programme progression: further testing is planned/expected, subject to counterparties’ schedules, qualification requirements and programme timing

The Company notes that elements of these programmes involve both government and commercial stakeholders and are subject to strict confidentiality and third-party processes.  Accordingly, Blencowe will provide updates as and when disclosure is permitted and appropriate in line with its regulatory obligations.

 

Executive Chairman Cameron Pearce commented:

“These latest tests are an encouraging validation step to highlight the importance of high-quality graphite in specialist defence, aerospace and energy applications. We thank AETC for their support in enabling real-world evaluation of Orom-Cross material.

Proof that Orom-Cross product stands up to the most rigorous testing validates both the quality of our products as well as the use of graphite within these applications.

Demonstrating performance in live rocket test conditions with various US Government agencies in attendance showcases Orom-Cross graphite at the highest levels. With further testing phases planned, including orbital testing expected in the latter half of 2026, we believe this supports higher-value offtake pathways beyond standard concentrate sales.  These all help to continuously add more value to our overall Orom-Cross strategy and our commercial model.”

 

Image 1: Pluto Aerospace hypersonic sub-orbital test vehicle prior to firing (California, USA). 

A close-up of a rocket Description automatically generated

 

 

Image 2: Graphite-based coating trial on fin components (durability and icephobic testing).

A model of a rocket Description automatically generated

 

 

Image 3 – Graphite coating on specialist military and aerospace products

 

For further information please contact:

 

Blencowe Resources Plc

www.blencoweresourcesplc.com

 

Sam Quinn (Director)

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

 

Sasha Sethi (Investor Relations)

Tel: +44 (0) 7891 677 441

sasha.sethi@blencoweresourcesplc.com

Tavira Financial (Joint Broker):

 

Jonathan Evans

 

 

Tel: +44 (0)20 3192 1733

jonathan.evans@tavira.group

Oak Securities (Joint Broker):

 

Calvin Man /Mungo Sheehan / Jerry Keen

 

 

Tel: +44 (0)20 3973 3678

Twitter

https://twitter.com/BlencoweRes

LinkedIn

https://www.linkedin.com/company/72382491/admin/

 

#TEK Tek Capital PLC – Guident Portfolio Company Update

Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF), the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve people’s lives, is pleased to announce that Guident Ltd. (“Guident”) has executed a letter of intent with Auve Tech OÜ (“Auve Tech”) to provide remote monitoring and control (“RMCC”) services for Auve Tech’s autonomous vehicles. 

 

By combining Auve Tech’s advanced Level 4 autonomous vehicles with Guident’s RMCC software, the two companies will bring an enhanced level of safety to self-driving technology. Guident’s patented software provides human-in-the-loop supervision, adding an extra layer of security to the Auve Tech’s new MiCa autonomous shuttle. The Auve Tech next-generation vehicle is capable of autonomous driving in a variety of traffic and weather conditions, making it an ideal solution for safe, reliable, and sustainable transportation in geofenced areas and mixed-traffic environments.

 

The companies’ plan to launch the Auve Tech MiCa autonomous vehicle combined with Guident’s RMCC software to customers in North America during the second half of 2023.

 

The Auve Tech autonomous shuttle is aimed at enhancing last-mile transportation offering alternative means of transport in geofenced areas and mixed-traffic environments. Auve Tech has demonstrated its technology in various commercial projects in 12 countries and has proven that its vehicles can provide real autonomous mobility.

 

“Collaboration is key to driving innovation and progress in the field of autonomous vehicles. We are pleased to have executed a letter of intent (LOI) with Guident to have them provide our autonomous vehicles with their RMCC and monitoring service,” said Johannes Mossov, Chairman of the Management Board of Auve Tech. “This will enable our SAE Level 4 autonomous vehicles to have state-of-the-art, remote monitoring and control upon delivery.”

 

“The partnership between Guident and Auve Tech represents a step forward in creating safer, smart, and sustainable transportation solutions for communities. We are excited to see the launch of the new MiCa autonomous vehicle with Guident’s RMCC software, which promises to deliver an added layer of safety and reliability in autonomous driving, said Harald Braun, Chairman & CEO of Guident Ltd.

A blue and white bus Description automatically generated with low confidence

 

MiCa: a new-generation self-driving shuttle from Auve Tech.

 

The Market

According to Triton Market Research the last mile AV autonomous vehicle delivery market is expected to reach $41.7 billion by 2028 with a CAGR of 19%. Contactless or “touch-free” delivery is in high demand since the COVID-19 pandemic, and Guident believes this increased demand will accelerate the roll-out of land-based delivery drones for pedestrians, food and medicines to improve their availability and reduce the costs of these deliveries.

 

About Guident  

Guident commercializes new technology to enhance the safety, efficiency and utility of autonomous vehicles and ground-based drones using its proprietary IP & software apps for remote monitoring and control.  To learn more please visit www.guident.co

 

About Auve Tech OÜ

Auve Tech specializes on the development and manufacturing of autonomous transportation systems. We offer a full-scope service that entails autonomous vehicles, their integration to various environments and fleet management. To learn more, please visit https://auve.tech/

 

About Tekcapital plc

Tekcapital creates value from investing in new, university-developed discoveries that can enhance people’s lives and provides a range of technology transfer services to help organisations evaluate and commercialise new technologies. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in the UK. For more information, please visit www.tekcapital.com.

 

LEI: 213800GOJTOV19FIFZ85

 

Tekcapital owns 100% of the share capital of Guident Ltd.

For further information, please contact:

Tekcapital Plc 

Via Flagstaff

Clifford M. Gross, Ph.D. 

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

+44 (0) 20 3470 0470 

Richard Morrison/Charlie Bouverat (Corporate Finance)

Abigail Wayne / Rob Rees (Corporate Broking)

Flagstaff Strategic and Investor Communications

           

+44 (0) 20 7129 1474

Tim Thompson/Andrea Seymour/Fergus Mellon

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