Nanoco overcomes major hurdles in Samsung litigation case

UK tech pioneer Nanoco Group swung to a first-half operating profit after receiving its first-ever commercial production orders. The University of Manchester spinoff scored a £2.4million operating profit in the six months ending January, compared to

‘We’re in the strongest position we’ve been in – not just financially, but commercially – in the 20 years since we formed,’ says the chief executive of British tech pioneer Nanoco. Since joining the London-listed firm

British nanotechnology company Nanoco has swung to a profit after shipping its first commercial orders and settling a major intellectual property (IP) lawsuit with Samsung. Nanoco recorded an operating profit of £2.4m for the half-year ended January 2024, compared

Cheshire tech firm Nanoco is predicting breakeven by 2025 as the delivery of its first commercial order spurred a £2m profit in its latest HY results. Revenues at the Manchester University spinout, which develops materials used in

Following receipt of the £58.8m second tranche from the Samsung litigation on 24 January, Nanoco plans to return £30m to shareholders via a tender offer (c 38.5% of outstanding shares), alongside a £3m share buyback. After

Nanoco is to use £33m from the proceeds from its successful litigation against Samsung to buy up its own shares. Nanoco’s board is to conduct a Tender Offer to return up to £30m to shareholders and

Quantum dots are nanoscale semiconductor particles that have unique optical and electronic properties due to their quantum mechanical characteristics. The size and shape of these quantum dots can be finely tuned to control their color and optical properties, making

At some point, maybe in 10 years or so but more likely within a generation, quantum telecoms and the quantum internet should be the global norm for the generation, distribution, storage and processing of data via

In the world of science, there exists a realm so tiny, yet so powerful, known as “Quantum dots.” It challenges our conventional understanding of materials and light. These minuscule structures exhibit properties distinct from those observed

Quantum dots have the potential to revolutionize solar energy storage systems and green hydrogen production. Their unique properties enable them to absorb a wider range of light wavelengths, increasing solar cell efficiency and paving the way

Nanoco’s trading update confirms that H124 revenues and EBITDA are anticipated to be in line with company expectations. The main new information is that the company has commenced the build and fitout of a new 300m

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

According to HTF Market Intelligence, the Global Quantum Dots market to witness a CAGR of 17.41% during the forecast period (2024–2030). The Latest research study released by HTF MI “Quantum Dots Market with 120+ pages of analysis on

In October 2023, the Nobel Prize in Chemistry was awarded to three scientists (Aleksey Yekimov, Louis Brus and Moungi Bawendi) for their roles in the discovery and development of quantum dots (QDs). At the nanoscale, the

Nanoco Group has received the second tranche of litigation proceeds from Samsung after settling last year on a no fault basis for the alleged infringement of the group’s Intellectual Property. The Runcorn-based group has received a