Nanoco Group - Building foundations for volume uptake in FY20
FY18 results were as expected, with revenues up and losses narrowed despite the slow commercialisation cycle in display. FY19 will be a year of laying foundations to ready the facilities for volume production in nanomaterials, but we expect a doubling of revenues nonetheless. The move to volume production should support a further inflection in FY20.Nanoco Group is engaged in the research, development and manufacture of cadmium and heavy-metal-free quantum dots and semiconductor nanoparticles. Co.'s core activities are the generation and development of CFQD® quantum dot products. In the display industry, the use of CFQD® quantum dot products enhances the colour gamut and energy efficiency of liquid crystal display televisions and other displays. The display market includes televisions, monitors, notebooks, tablets and smartphones.
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