Overview: Black Swan Graphene, based in Canada, is an emerging leader in bulk graphene production, focusing on large-scale industrial applications. It trades on the TSX Venture Exchange (TSXV: SWAN) and OTCQX (BSWGF) and is backed by a 15% stake from Thomas Swan & Co., a UK-based chemicals manufacturer.

Key Achievements:Launched the GraphCore 01 family of graphene nanoplatelets, including powders and polymer-ready masterbatches, designed for the polymer industry.

Formed a commercial partnership with Graphene Composites in June 2024 to use Black Swan’s graphene in GC Shield, a patented ballistic protection technology, boosting its share price to a 2024 high of C$0.15.

Raised C$6 million in equity financing in February 2025 to fund capacity expansion and global commercialization.

Black Swan’s integrated supply chain and focus on bulk graphene for industries like polymers and defense make it a strong contender. However, its smaller scale and early-stage market presence compared to NanoXplore and Zentek place it third.

Black Swan Company Info
https://ca.finance.yahoo.com/quote/SWAN.V/