An innovative company synthesizing large (up to 10 carats) diamond monocrystals will be established in the Arkhangelsk Region, operating at an annual capacity of 10,000 carats. It will produce monocrystalline diamond inserts for various technological applications. These materials can be used to make diamond nozzles, semi-conductor structures and diamond-blade scalpels for eye surgery, plastic surgery, microvascular surgery and neurosurgery.

The high-pressure machinery for diamond monocrystal synthesis will be installed at the Northern (Arctic) Federal University. The new innovative company will use the resources of the university laboratory and the Arktika Center for Collective Use of Scientific Equipment. AGD Diamonds will be the project's partner, according to the university's press service.