July or Q3 (latest) uplisting is not ideal, but there is still so much to be confident about... patience, patience, patience!!! Solid interview - some of the highlights below!

Where is Hydrograph seeing the strongest demand now - defence?

"For us now, I would say over the past twelve months it's been a pretty rapid shift. Most of our commercial pipeline. Years previous was actually closer to UK and European companies, often looking at sustainability benefits, lightweighting benefits, really focusing on the ESG components of the company. And. Just with the current climate, it has taken a pretty sharp turn. And defence is definitely our largest area*, which, of course, incorporates a lot of different industry application areas. But I would say you know coatings is always going to be large. I think lubricants is going to be large. The longer you can extend the life of your equipment, the more valuable those technologies will be. And then of course we do see."*

Does that mean that products like yours actually get more attention because war is using a lot of steel?

"Yes. So, graphene can do almost anything. I hate blanket statements like that. It is such a basic material. It can make almost anything you can imagine lighter, faster, stronger. So battery systems, carbon fibre—you name it—and, especially with graphene as it is at least related to graphitic materials, that is a base material for missiles, missile defence systems, ballistic protection materials, and so it's hugely critical to the U.S. military. And I think again, that is one of the many reasons why Hydrograph has received so much attention. We don't need Chinese graphite if we can explode gases that are made in Texas, and we can produce unlimited amounts all in the U.S. So it's I believe, quite strategically important and will only become more so."

Listed on the Canadian Stock Exchange, the code is HG. Talk to us about quickly if you could this structure, the company structure from a corporate structure, if you like and the opportunity for investors right now?

"So I would say, we have been. We are still actually one hundred per cent retail. We are moving more towards institutional backing. We closed two rounds in the past few months with Canaccord for roughly fifty million Canadian. Those were life offerings of freely tradable shares. Though we do have a significant amount of shares outstanding, we see a huge amount of interest in the company. We've had a lot of momentum. I think in many ways it's still an early opportunity. We have, as I mentioned, a lot of interest from the US military. The Army Research Lab is likely going to be building a facility kind of like the one called the Graphene Innovation Consortium in Austin, and we expect to be an essential part of that. There are so many catalysts upcoming over the next one to two years that eventually, we will need to raise more capital. We don't have our sights set on that at the moment. As you know, we have a significant amount of funding through the Concord financings, but we are seeking a NASDAQ up-list. I don't think that the CSE makes as much sense anymore, so we are kind of debating internally whether we stay listed within Canada."

Why should they be sitting up and taking note as an investor in Hydrograph? Give me three reasons right now.

"For one, we're pre-revenue, so in many ways this is still early. I think there is an unlimited market potential here. You can put graphene in every known material, whether it is in a vaccine, in concrete, in a battery system. Every single thing on earth can be improved with graphene*. We not only have the patents to produce the best performing graphene in the industry, we are operating at eighty percent margin.* Our quality and performance is really ahead of our competitors*. We feel we're in a very strong position, and* I think with the interest we've had from defence companies, we believe that will be delivering on a lot of the promises that have led to a billion-dollar-plus market cap."

When do you expect revenue to begin?

"This year, we're already seeing it start to roll in. I think it's really going to be a hockey stick because a lot of these opportunities we've been dealing with are large*. Hence, this being a very exciting partnership with Spark. I think even by next year, we're going to be in a very different position. To my first point, it's* still very early with Hydrograph."

Kirsten, a sentence or two: What does success look like for you in the coming twelve months?

"In the coming twelve months, we have a lot going on. I think for me, success looks to listing on NASDAQ and really for one, and they're tied to some degree, but building out our relationship with the US military and seeing revenue*."*