Zentek up 11% on collaboration with Pattern Energy for Icephobic Technology

Graphene technology development and commercialization company, Zentek (NASDAQ:ZTEK) collaborates with Pattern Energy Group to optimize, test and validate Zentek's icephobic coating for the wind turbine industry.
The partnership is being supported financially by both the Natural Sciences and Engineering Research Council of Canada and PRIMA Quebec - Advanced Materials Moving Forward.
As part of their collaboration, ZTEK has agreed to give Pattern Energy a priority position to purchase icephobic coating if demand for the product exceeds supply and a 40% discount on its initial purchases until it has recovered its cost in supporting this research.
The stock price has climbed 11% on Tuesday before market open.