Nanoco Group has made significant strategic progress in the past half-year, including receiving USD71.8 million from Samsung, shipping first-generation materials, and forming global partnerships. The company plans to return capital to shareholders and is poised to lead the rapidly-evolving field of nanotechnology.
In the quiet town of Runcorn, England, a scientific revolution is underway. Nanoco Group PLC, a developer and manufacturer of cadmium-free quantum dots and other nanomaterials, has reported significant strategic progress in the recent half-year period. This progress includes receiving the second tranche of litigation proceeds from Samsung Electronics Co. to the tune of USD71.8 million, as a result of a settlement over alleged intellectual property infringement.
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.