The story for Nanoco hasn’t changed much since it published its annual report in November. The company, which produces ‘quantum dots’ that emit light and can be used in infra-red sensors and TVs, is still striving to achieve large-scale commercial manufacturing.
On an annual basis, interim revenue and other operating income increased 21 per cent. This, however, was from a low base of £1.1mn. The mystery “European electronics customer” is ordering more Nanoco technology – including two additional work packages, one of which is being delivered after the period end. This at least is a promising endorsement of the product.
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.
