Nanoco signs new Joint Development Agreement with second Asian chemical customer

Nanoco Group

Nanoco Group plc (LON:NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, has announced it has signed a major new Joint Development Agreement with a new second Asian chemical customer.

The target of the one-year programme is to optimise lead-free nanomaterials to be incorporated into global electronics applications. Once successful, the subsequent stage will involve scale up to industrial production levels during 2027.

The revenue from the JDA will help the Group exceed current expectations for non-license fee income in FY25, and contribute further revenue to FY26.

Dmitry Shashkov, Nanoco’s CEO, commented:

“This JDA with another Asian chemical company highlights the growing focus on the incorporation of quantum dots into sensors for high volume commercial applications.

“The consensus of market research is that quantum dot enabled silicon sensors, especially ones which are lead-free, will disrupt the global consumer electronics market, and Nanoco along with its customers are at the forefront of this technology, and we also have significant IP protections in this area.

“Discussions are ongoing with other potential new customers around further potential projects and we look forward to updating shareholders further in due course.”

Share on:
Find more news, interviews, share price & company profile here for:

    Drax confirms final HEIT offer and plans to let scheme lapse

    Drax Group plc updates on its acquisition offer for HEIT, confirming a final bid of 88p per share while announcing potential changes to the acquisition timeline.

    Poolbeg Pharma raises £4.7m through Placing and Subscription

    Poolbeg Pharma has successfully raised £4.715 million to fund innovative clinical trials, including POLB 001 and an oral GLP-1 programme, addressing critical medical needs.

    DynaResource technical report validates 250000oz of gold and significant upside

    DynaResource, Inc. unveils a promising S-K 1300 Technical Report for the San Jose de Gracia mine, revealing 250,000 gold ounces in Initial Mineral Reserves.

    Vodafone Group Plc launches €500m Share Buyback

    Vodafone Group Plc announces a €500 million share repurchase program aimed at reducing share capital, set to commence on May 20, 2025.

    Warpaint London posts 2024 Annual Report and AGM Notice

    Warpaint London plc (LON:W7L) announces the release of its 2024 Annual Report and details for the upcoming AGM on June 17, 2025.

    Poolbeg Pharma launches £4.1m fundraising

    Poolbeg Pharma plc (LON:POLB) announces a conditional fundraising aimed at raising £4.1 million to drive innovative pharmaceutical developments and address unmet medical needs.

      Search

      Search