Nanoco Group - Diversifying its customer base
Nanoco has signed a development agreement for a project with a very significant Asian chemical company. The potential incremental revenues arising from this project during the period covered by our forecast are relatively modest, so we leave our estimates unchanged. However, the announcement is important because it demonstrates that interest in the use of Nanoco’s quantum dots for infrared-sensing applications continues to grow and that Nanoco is expanding its customer base.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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