Nanoco Group plc Deliver 3rd of three Milestones

Nanoco Group plc (LON: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from our technology platform, has today announced that it has completed a significant milestone established as part of the Material Development and Supply Agreement announced in February 2018 with its undisclosed US Customer.

This milestone (the third of three) has been completed within with the timetable set out in the agreement and reflects the significant progress being made. The total value of all milestones in this programme triggered to date is £4.2m with this third milestone valued at £1.6m.

Michael Edelman, Chief Executive of Nanoco Group plc, said:

“We are pleased to announce the delivery of the third and final milestone for our US Customer. We continue to discuss other potential services and deliverables and our aim is to deepen and lengthen our relationship with this important collaboration.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Nanoco Group PLC

More articles like this

Nanoco Group PLC

Nanoco to return up to £30m to shareholders

Nanoco is to use £33m from the proceeds from its successful litigation against Samsung to buy up its own shares. Nanoco’s board is to conduct a Tender Offer to return up to £30m to shareholders and

Nanoco Group PLC

The fascinating world of Quantum Dots

Quantum dots are nanoscale semiconductor particles that have unique optical and electronic properties due to their quantum mechanical characteristics. The size and shape of these quantum dots can be finely tuned to control their color and optical properties, making

Nanoco Group PLC

Understanding Quantum Dots: Excitement in the patent world

In the world of science, there exists a realm so tiny, yet so powerful, known as “Quantum dots.” It challenges our conventional understanding of materials and light. These minuscule structures exhibit properties distinct from those observed

Nanoco Group PLC

Revolutionising solar energy storage with Quantum Dots

Quantum dots have the potential to revolutionize solar energy storage systems and green hydrogen production. Their unique properties enable them to absorb a wider range of light wavelengths, increasing solar cell efficiency and paving the way