Runcorn-based tech company, Nanoco Group, has has signed a Statement of Work with significant joint development activities (JDA) with STMicroelectronics, an important European electronics customer.
Based in Geneva, ST is a multinational corporation and technology company of French-Italian origin.
Nanoco is a Manchester University spin-out which develops materials used in the manufacture of monitors and TV screens and technologies for medical imaging and the early diagnosis of cancer.
The JDA is a two year programme to optimise the performance of a second generation sensing material to be developed by Nanoco.
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.