AGM say the completion of its first production batch is a "significant milestone" and they now plan to work towards a full product launch.
Based at the Wilton Centre, near Redcar, AGM makes powdered graphene, with the substance hailed by some experts as being capable of conducting electricity a million times better than copper, despite being as thin as human hair.
The business has developed a form of graphene it says can deliver a six-fold improvement in barrier and anti-corrosion properties, with James Briggs expected to use the product in primers to offer greater protection from weathering.
Bosses claim testing had demonstrated "repeated improvements in anti-corrosion performance".
Bryan Dobson, chairman of Applied Graphene Materials, said: "The Board continues to focus on the commercialisation of its products and proprietary technologies via its numerous active engagements and has made good progress in recent months.
"I am pleased to report that we have recently achieved a key milestone, having fulfilled the scale-up production purchase order from James Briggs Ltd in preparation for full product launch.
"JBL has successfully completed its first production batch which is a significant milestone for commercial realisation. Extensive testing has demonstrated repeated and outstanding improvements in anti-corrosion performance for JBL’s automotive aerosol primer. JBL plans to launch their new range of graphene enhanced anti-corrosion aerosols under their Hycote brand."
Mr Dobson als said the firm was pleased to participate in the opening of the UK’s Graphene Engineering and Innovation Centre (GEIC) in Manchester last week.
"Meeting with multiple participants, the opportunities for graphene technology remain buoyant," he said.
"Finding practical application solutions for the challenges surrounding the exploitation of graphene nanoplatelet technology is the key focus of AGM’s strategy for commercial progress.
"We look forward to working closely with GEIC in the months ahead in the further development of world-class application solutions."
James Briggs was founded almost two centuries ago and they have the capacity to distribute up to 150 million aerosols.