Nanoco Group plc (LON:NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from our technology platform, will hold its Annual General Meeting later this morning. Details of the arrangements were included in the Notice of Meeting issued on 13 November 2023.
The Company also today issues a trading update for the period to 30 November 2023 (“the Period”).
Trading update – transitioning to a commercial production company
We have now delivered the last of four important strategic milestones set by the Board in 2022. In November 2023, we fulfilled Nanoco’s first ever commercial production orders with the shipment of two different materials for use in infra-red sensing applications. The initial use case is expected to be for a low volume application measured in millions of units, whilst demand is then expected to grow gradually, enabling Nanoco to become self-financing during CY25.
