- \n
- GCM completes a global rights deal on its signature tech in a milestone towards commercialisation <\/b><\/li>\n
- No upfront cost for GCM in the transfer and IP assignment, with future payables capped at $5 million<\/b><\/li>\n
- The deed supersedes a 2024 VHD technology transfer term sheet between GCM and Cerex<\/b><\/li>\n<\/ul>\n
Special Report:<\/i><\/b> In a milestone for bringing its signature technology to market,<\/b> GCM Corporation has gained exclusive, global ownership of the Very High Density technology and its intellectual property rights.<\/b><\/p>\n
The deal with Cerex and VHD inventor Professor Charles Christopher Sorrell finalises the transfer of all remaining rights, title and interest in the technology to <\/span>GCM Corporation (ASX: GCM)<\/b><\/a>.<\/span><\/p>\n
Designed for scalable manufacturing, the tech targets next-generation applications and tackles one of the biggest challenges in high-performance computing and AI-driven data centre operations \u2013 managing critical heat loads.<\/span><\/p>\n
Listen: Clinton Booth chats with Barry FitzGerald<\/strong><\/h2>\n
In a previous instalment of Stockhead\u2019s Explorers Podcast, Barry FitzGerald speaks with GCM Corporation managing director Clint Booth about the company\u2019s pivot from explorer to industrial tech player, commercialising its Very High Density graphite technology.<\/p>\n
Deal structured for scale<\/b><\/h2>\n
\u201cThis transaction is a significant milestone for GCM, providing full ownership of VHD technology and enabling us to unlock and benefit from its full potential,\u201d GCM MD Clinton Booth said. <\/span><\/p>\n
\u201cWe continue to focus on progressing development and driving commercial outcomes, and this further strengthens our commercialisation pathway as we bring the technology to market.\u201d<\/span><\/p>\n
There is no upfront consideration payable by GCM to complete the technology transfer and IP assignment. As previously announced, the only consideration payable is in three tranches and subject to GCM reaching agreed revenue milestones post-completion with the total consideration capped at $5 million.<\/span><\/p>\n
Payable to Cerex and conditional on agreed revenue milestones, the structure includes a $0.5m Tranche 1 payment at $5m in gross revenue, a $2m Tranche 2 payment at $20m, and a final tranche triggered at $50m.<\/span><\/p>\n
Heat load limits are being reached and legacy materials need a replacement. Pic: GCM<\/figcaption><\/figure>\n Why VHD matters<\/b><\/h2>\n
Independent testing has shown VHD exceeds the thermal performance of aluminium and copper at the material level. By improving the load on cooling systems, the technology could reduce the requirement for complex cooling and deliver cost savings for operators of data centres, supercomputers, power systems and military applications.<\/span><\/p>\n
The deed delivers GCM clear and immediate title to the VHD technology and provides the company with the exclusive, global ownership of the VHD technology and its intellectual property rights.<\/span><\/p>\n
The performance advantages are unlocked by GCM\u2019s simple proprietary manufacturing process, which is globally exclusive to the company.<\/span><\/p>\n
The deal also supersedes a 2024 technology transfer term sheet, completing GCM\u2019s move to full ownership of the VHD technology.<\/span><\/p>\n
<\/p>\n
This article was developed in collaboration with GCM Corporation, a Stockhead advertiser at the time of publishing. <\/span><\/i><\/p>\n
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/span><\/i><\/p>\n<\/p><\/div>\n
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… technology<\/span> to GCM Corporation (ASX: GCM). Designed for scalable manufacturing, the tech<\/span> … industrial tech<\/span> player, commercialising its Very High Density graphite technology<\/span>. \u00c2\u00a0 Deal … load on cooling systems, the technology<\/span> could reduce the requirement for …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-137551","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/137551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=137551"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/137551\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=137551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=137551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=137551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- No upfront cost for GCM in the transfer and IP assignment, with future payables capped at $5 million<\/b><\/li>\n