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 today announced it has now fulfilled its first ever commercial production order, having completed shipments of two different first generation materials for use in infra-red sensing applications in electronic devices.
As previously announced, the Board’s expectations were for a first commercial production order prior to the end of 2023 and that the first use of the Group’s materials would be for low volume applications during FY24 and FY25. Today’s announcement is in line with these expectations and supports the FY24 revenue guidance given in the Group’s Preliminary Results published on 17 October 2023.
