American resources corporation and novusterra inc. sign partnership for department of defense and space industries

Graphene and carbon nanostructures industry is a rapidly growing for infrastructure (concrete) and battery / energy storage applications kenai anticipates air force contracts exceeding $1.5 million to develop advanced applications using carbon nanostructure and graphene for concrete additive agreement will provide kenai defense company, llc with the exclusive rights to market graphene and carbon nanostructure patents to the defense and space industries fishers, in / accesswire / may 16, 2022 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, alongside its affiliate, novusterra inc. ("novusterra"), has entered into an exclusive license arrangement with kenai defense company, llc ("kenai") to further develop and commercialize carbon nanostructure and graphene technologies in partnership with its defense and space industry relationships. additionally, kanai has agreed to hit certain milestones, funding commitments for the technology and commercialization dates of which it will pay a split of cashflow generated to american rare earth and novusterra.
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