Shares in Nanoco Group jumped 8% to a 19.8p high in early trading after the quantum dot maker confirmed it had fulfilled its first-ever commercial production order.
The company said it completed shipments of two different first generation materials for use in infra-red sensing applications in electronic devices.”
The news followed the company’s assertion when it published its FY results last month that it was preparing to move from “an R&D first mover to a commercial producer” and followed the company’s current board successfully seeing off an attempted boardroom coup by rebel shareholders following its $150m win in litigation with electronics giant Samsung.
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.
