Nanoco Group - US customer supports substantial revenue growth
Nanoco hit all the key milestones for its US customer during H119, including completing the build and fit out of the expanded Runcorn facility dedicated to the production of nanomaterials. It therefore earned the contracted milestone revenues in full and secured a contract extension reaching to December 2019 to commission and stress test the facility to be ready to commence volume production in calendar H219.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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