Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Nanoco Group Signs Material Development and Supply Agreement - Ink World Magazine

What are you searching for?

Sign in
Flexible Electronics News

Nanoco Group Signs Material Development and Supply Agreement

New partnership includes infrastructure investment, development, milestones and commercial supply agreement.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Nanoco Group plc, a leader in the development and manufacture of cadmium-free quantum dots and nanomaterials, announces that it has signed a Material Development and Supply Agreement with a large, undisclosed US listed corporation.
 
Under this agreement, Nanoco will scale-up and mass produce novel nano-particles for advanced electronic devices and supply them from its state-of–the-art production facility in Runcorn, UK. In preparation for the quantity of materials needed for these markets, the partner will fund the capital expenditure required to expand Nanoco’s Runcorn facility. The commercial terms of the agreement include payments for success-based milestones, and commercial supply of materials. Based on the current timelines, commercial supply is anticipated to begin early 2019.
 
“This transaction not only exemplifies the potential of our technology, but also the recognition that Nanoco can continue to pursue broad partnerships in diverse markets,” said Michael Edelman, chief executive of Nanoco. “Our deep expertise in the development and mass production of highly differentiated nanoparticles has enabled us to create partnerships, and future revenue streams, with partners around the globe.”

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters

Topics