Runcorn-based tech group, Nanoco, is gearing up for commercial production by the end of the year, and is considering further legal action against potential infringement of its intellectual property (IP).
In a trading update for the year ending July 31, 2023, the University of Manchester spin-out which develops materials used in the manufacture of monitors and TV screens, said it is now closer to commercial production than at any time in its 20-year history.
It is also in the strongest financial position since its inception with its core markets of sensing and display forecast to experience rapid growth.
Nanoco Group PLC (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, vertical farming, solar energy and bio-imaging.
