Nanoco nears commercial production after $150m Samsung settlement

Manchester-based Nanoco has said it is closer to commercial production than any other time in its history as it uses the proceeds of a legal battle with Samsung “to generate further value from its IP.”

Nanoco makes cadmium-free quantum dots, a vital part of a host of anticipated technological development.

In a trading update published on Tuesday morning, the 20 year old London-listed firm said it has expanded its workforce and made “significant progress” with a European and major Asian supply chain customer as it pursues possible IP infringers.

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.

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