Nanoco secures grant funding from Innovate UK

Nanoco Group, the Manchester-based developer of materials used in the manufacture of monitors and TV screens, has secured grant funding of £500,000 from Innovate UK, the UK’s innovation agency, for two leading edge development projects for novel nanomaterials that build on Nanoco’s unique patented technology:

The first covers the development of singly-doped colloidal dots for potential use in quantum technology applications and has been won in collaboration with The University of Manchester.

The second is to develop a new material set, based on alternative chemical elements, for potential use in infra-red sensing and other consumer electronics applications.

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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