Nanoco successfully commercialising ground-breaking technology

Nanoco

Ground-breaking cadmium-free quantum dot specialist Nanoco says it on track to meet board expectations.

The listed Manchester company said last October it expected to be profitable within two years and now reports – ahead of its preliminary results for the year ended July 31 – it has made solid advances towards commercialisation of its technology in the display screen sector.

Highlights include the first orders to supply CFQD resin to global manufacturer Wah Hong and new routes to market for CFQD in display.

TVs using Nanoco CFQD Fine Color Film were exhibited in January, and its Runcorn, Cheshire manufacturing facility has become commercially viable.

While Display was the group’s primary focus during the year, Nanoco continued to develop its other target markets of life sciences and lighting.

Nanoco’s life sciences division made further progress in in-vivo optical imaging, diagnosis and targeted therapy of cancer, being awarded an Innovate UK Grant for a VIVODOTS TM programme in conjunction with University College London targeting pancreatic cancer.

Lighting continues to make headway, in line with management’s expectations, within specialty niche markets including horticulture and photodynamic therapy products.

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