Nanoco Group: Sensing programme moves to next phase

Nanoco Group plc

Nanoco Group plc (LON:NANO) has signed an extension to its development project with a major European customer, under which it is working on a range of materials for a number of sensing applications, which could potentially lead to volume production in calendar H222 (FY23).

Anne Margaret Crow, technology analyst at Edison Group says “Importantly, securing this contract gives management the confidence and cash to retain its nanomaterial development and production capability rather than cutting back to focus on the litigation case against Samsung.”

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