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looks like today's drop centres around the renegotiation of the DOW deal, very short term reaction to the news considering no actual figures are given.
Personally I feel this, the update in it's entirety, is very positive especially with regard to the previously stated 'Nanomarkets' report which infers the necessity of getting first mover advantage:
"Moreover, with the commercial success of QD technology, established electronic display
manufacturers are likely to select such strong suppliers in order to secure their QD raw material
base"
Earlier revenue streams with surely go some way to offsetting the reduced renegotiated licencing deal.
I see this sector going the way of the 3D printing market, with those gaining first mover advantage being able to buy up the competition as they emerge and grow accordingly.
Also with the following:
"Nanoco has completed the planned expansion of its cadmium-free quantum dot production facility in Runcorn with the installation and commissioning of two further Semi-Tech lines at a planned cost of approximately £1.25 million."
This will enable us to get a foothold in other potential markets other than those associated with the displays market, with the potential of entering the lighting market, the solar market and with our non cadmium product the medical sector our chances of increased commercialisation of the Nanoco product have been somewhat accelerated.
"Nanoco continues to make progress in its other core target markets of general lighting and solar energy."
Future tie ups in these sectors should be forthcoming and increased news flow of such deals will propel this share to new heights and promote Nanoco's profile as an industry leader.
Personally I would like NANO to buy out or tie up with QTMM as these two companies have the best mass production capabilities and non-cadmium based products.
Feel the share price will consolidate over the coming days and push ever higher over the coming weeks.
NZ
From the Report:
The value of quantum dot material will be less than $200 million in 2018 growing to $560 million by 2020. Yet there are immediate opportunities to create and sell higher value-added intermediary products using QDs. An example here is 3M’s Quantum Dot Enhancement Film (QDEF) which is designed to make it easier for display makers to enhance existing backlighting units (BLUs) with QDs. There is also potential for distinguishing QD products at the material level by adding tunability or making them cadmium-free. High-performance blue QDs will also find a ready market.
TVs, cell phones and notebooks with QD-enhanced LCD displays are already being sold, with Sony, LG, Samsung and Sharp backing this technology. NanoMarkets expects that such products will clock up a healthy $10.5 billion at retail as early as 2016. While some big display firms are doing their own R&D, most are licensing the technology from startups such as QD Vision, Nanosys, Nano Photonica, and Nanoco Group.
Light-emitting QDs may eventually prove a serious challenge to OLEDs in the future. OLED displays are being promoted because of their excellent color and suitability for flexible displays; attributes that QDs can match. However, light-emitting QDs promise better power efficiency with the same level of color purity. In addition, QD emitters do not become burned out in the way that OLEDs do. Although, displays using emissive displays have not shipped yet, by 2018 they are expected to reach $7.3 billion at retail.
About NanoMarkets:
NanoMarkets tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of in the transparent conductor industry.
NanoMarkets Report
Market Opportunities in Quantum Dots in
Lighting and Displays
http://ww1.prweb.com/prfiles/2013/09/24/11157113/Nano-647%20Ch1-1.pdf
Quantum dot semi conductor specialist Nanoco (NANO) has completed the construction of two new lines at its Runcorn plant which will allow it to better serve demand for its quantum dots. It has also revised the terms of a licensing deal with Dow Chemical which means Nanoco will no longer have to contribute to the construction of a production facility in Asia but will take a smaller royalty in return. Full production under the licence is now expected to commence in 2014.
Nanoco Group PLC : Corporate Update
09/27/2013 | 02:40am US/Eastern
Recommend:
0
?
For immediate release
27 September 2013
("Nanoco" or the "Company")
Corporate Update
Nanoco Group plc(AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, is pleased to announce the following corporate update.
Nanoco has completed the planned expansion of its cadmium-free quantum dot production facility in Runcorn with the installation and commissioning of two further Semi-Tech lines at a planned cost of approximately £1.25 million.
These Semi-Tech lines will be used to fulfil orders for large quantities of sample materials to meet increasing demand for pre-production quantum dots from customers and potential customers across the Company's target markets.
Nanoco also announces that the terms of its global licensing agreement with The Dow Chemical Company ("Dow") have been amended to accelerate the commercialisation of Nanoco's cadmium-free quantum dot technology in the display market.
Under the new terms, Dow continues to hold exclusive worldwide rights for the sale, marketing and manufacture of Nanoco's cadmium-free quantum dots for use in electronic displays.
Changes in the new agreement include the waiving of the requirement for Nanoco to contribute capital to the production plant Dow is preparing to build in Asia. In return, the royalty rate that Nanoco would receive from Dow's sale of quantum dots has been reduced to reflect the changes to the agreement. The adjusted royalties continue to acknowledge the proprietary value of Nanoco's technology.Financial details and other specifics are not being disclosed. The agreement does not include specifics about the anticipated price and volume of quantum dots as these are a function of commercial negotiations with customers.
Dow and Nanoco have committed additional resources to accelerate commercialisation and full production under the licensing agreement is expected to begin in the first half of 2014.
Nanoco continues to make progress in its other core target markets of general lighting and solar energy. Notably, the Company's photovoltaic ink is now achieving an energy conversion efficiency of between 12 per cent and 13 per cent.
Michael Edelman, Nanoco's Chief Executive Officer, commented:"We have been delighted by the progress made by Dow. The amendments to the agreement with Dow better capitalise on our respective strengths and reinforce our collective commitment to commercialise this technology as quickly as possible to meet future market demand.
"We have also continued to make encouraging progress across our business, including a doubling of capacity at Runcorn to meet increasing demand for pre-production samples from display and other customers."
For further information:
Nanoco Announces Changed Terms of Dow Chemical Licensing Pact
By Dow Jones Business News, September 27, 2013, 05:36:00 AM EDT
Vote up
LONDON--Nanoco Group PLC (NANO.LN), a maker of quantum dots and other nanomaterials, Friday announced some changes to the terms of its licensing agreement with the Dow Chemical Company ( DOW ), saying that Nanoco will no longer have to contribute capital to a plant Dow is preparing to build in Asia, while the royalty rate that Nanoco is due to receive from Dow's sale of quantum dots has been reduced.
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MAIN FACTS:
-Adjusted royalties continue to acknowledge the proprietary value of Nanoco's technology but financial details and other specifics are not being disclosed
-Agreement does not include specifics about the anticipated price and volume of quantum dots as these are a function of commercial negotiations with customers
-Nanoco has also completed the planned expansion of its cadmium-free quantum dot production facility in Runcorn with the installation and commissioning of two further Semi-Tech lines at a planned cost of GBP1.25 million.
-These lines will be used to fulfil orders for large quantities of sample materials to meet increasing demand for pre- production quantum dots from customers and potential customers
-Shares at 0918 GMT down 7 pence or 4% at 172 pence valuing the company at GBP376 million.
-Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
09-27-130536ET
Copyright (c) 2013 Dow Jones & Company, Inc.
This article appears in: News Headlines
Referenced Stocks: DOW
Read more: http://www.nasdaq.com/article/nanoco-announces-changed-terms-of-dow-chemical-licensing-pact-20130927-00061#ixzz2g69t4cAH
NanoMarkets Issues New Report Examining Use of Quantum Dots in Lighting and Displays
Press release from: NanoMarkets, LC
Glen Allen, Virginia (September 25, 2013) -- Industry analyst firm NanoMarkets today announced the release of its new report, "Market Opportunities for Quantum Dots in Lighting and Displays." In the report the firm states that quantum dots (QDs) will create significant opportunities for electronics manufacturers in the coming years through their ability to enable the creation of higher value intermediary products. Furthermore, the arrival of QDs will pose a significant threat to OLED displays and lighting.
Additional details about the report are available at: www.nanomarkets.net/market_reports/report/market_opportun....
About the Report:
This new NanoMarkets report provides an in depth market analysis of the opportunities emerging within the field of quantum dots (QDs), examining the latest products, strategies and technical developments in electronics applications for these emerging materials. Within the report we assess how QDs are likely to penetrate addressable markets in lighting and display applications and along what time horizon. We also examine the technology hurdles facing QDs broader adoption and how the industry will resolve them. The report also evaluates the potential of QDs vs. competing technologies and provides NanoMarkets opinions on how well QDs will fare.
The report also includes NanoMarkets' assessments of the strategies of leading firms active in the QD space with attention paid as to which are the companies to watch in the market. In addition, detailed and granular forecasts of QD shipments in volume and value terms and by application will be provided.
From the Report:
The value of quantum dot material will be less than $200 million in 2018 growing to $560 million by 2020. Yet there are immediate opportunities to create and sell higher value-added intermediary products using QDs. An example here is 3M's Quantum Dot Enhancement Film (QDEF) which is designed to make it easier for display makers to enhance existing backlighting units (BLUs) with QDs. There is also potential for distinguishing QD products at the material level by adding tunability or making them cadmium-free. High-performance blue QDs will also find a ready market.
TVs, cell phones and notebooks with QD-enhanced LCD displays are already being sold, with Sony, LG, Samsung and Sharp backing this technology. NanoMarkets expects that such products will clock up a healthy $10.5 billion at retail as early as 2016. While some big display firms are doing their own R&D, most are licensing the technology from startups such as QD Vision, Nanosys, Nano Photonica, and Nanoco Group.
Light-emitting QDs may eventually prove a serious challenge to OLEDs in the future. OLED displays are being promoted because of their excellent color and suitability for flexible displays; attributes that QDs can match. However, light-emitting QDs promise better power efficiency with the same level of color purity. In addition, QD emitters do not become burned out in the way that OLEDs do. Although, displays using emissive displays have not shipped yet, by 2018 they are expected to reach $7.3 billion at retail.
About NanoMarkets:
NanoMarkets tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of in the transparent conductor industry.
Visit www.nanomarkets.net for a full listing of NanoMarkets' reports and other services.
Media Contact:
Robert Nolan
NanoMarkets, LC
PO BOX 3840
Glen Allen, VA 23058
(804) 938-0030
rob@nanomarkets.net
www.nanomarkets.net
Sweet article. I ordered some SELED's today
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Nanoco (Quantum Dot Nano-Materials Manufacture) Ready to Roll
Sep9
1 Vote
QDOTS imagesCAKXSY1K 8Quantum dots developer’s Dow deal a game-changer for digital displays.
The Manchester University spin-off develops and makes quantum dots, tiny, fluorescent semiconductors used to make next-generation electronics. Nanoco’s IP-protected manufacturing method avoids cadmium, a heavy metal banned in many countries, and its trademarked NanoDot technology is used in several applications; solid state lighting, solar panels, even some medical devices.
As we originally predicted, it is in digital displays where the biggest breakthrough has come thanks to a landmark global licensing deal with US giant Dow Chemical (DOW:NYSE) at the start of the year (23 Jan). Quantum dot LED (QLED) displays are set to become the next big trend in consumer electronics.
NANOCO GROUP - Comparison Line Chart (Rebased to first)
Market potential
A report in March from technology analyst Wintergreen Research predicts the QLED display market will hit $6.4 billion by 2019 from a standing start just a couple of years back. The report backs up our theory that once manufacturers learn to integrate quantum dots into products they will be falling over themselves to do so thanks to the technology’s lower energy use and cheaper manufacturing cost.
According to Wintergreen, Samsung (005930:KS) reckons QLED displays could cost half as much as LCD or organic LED (OLED) panels. It also estimates 80% better energy efficiency, for thinner devices with a sharper display.
TVs are a starting point, but expect QLED in smartphones and tablets too as device manufacturers desperately seek ways to defend market share in high margin top-of-the-range products.
As analysts at house broker Canaccord Genuity point out, an increasing number of industry participants share Dow Chemical’s and Nanoco’s confidence that quantum dots are on the cusp of widespread adoption in a $100 billion display market.
Sony (6758:T) already has launched the world’s first quantum dot TV using cadmium-based technology from Nanoco’s privately owned rival QD Vision. But since sales will be barred in many major markets, the US and European Union, mass market products look destined to follow the cadmium-free technology route. Nanoco is already expanding its factory in Runcorn, Cheshire from an annual 25kg capacity to 70kg, beyond initial plans to expand it to 40kg. It is rumoured to be eyeing a brand new set-up in Asia post the Dow deal, with Korea the hot tip.
Liberum sees year to July royalty-based revenues of £4 million rising to £4.6 million in 2014, before the really exciting sales flood in, hitting over £100 million inside five years from a licensing/royalty business model similar to that of UK chip champ ARM (ARM). That would imply over £90 million pre-tax profit thanks to 88% operating margins.
With cash burn running at around £5.5 million a year, its £12.5 million of cash pile should mean Nanoco is unlikely to tap investors for fresh funds. Liberum sees the shares hitting 260p over the next year, while Canaccord is even more optimistic, setting a 275p target price. That could be just scratching the surface of the shares’ longer-term profits potential.
Quantum Dots (QD) Market worth of $7480.25 Million by 2022 – New Report by MarketandMarkets
>PRWEB.COM Newswire
(PRWEB) September 20, 2013
According to a new market research report, “Quantum Dots (QD) Market - Global Forecast & Analysis (2012 - 2022)”published by MarketsandMarkets, the total market for Quantum dots is expected to reach $7480.25 million by 2022, at a CAGR of 55.2% from 2012 to 2022.
Browse 214 Pages, 70 tables, 34 Figures and in-depth TOC on “Quantum Dots (QD) Market http://www.marketsandmarkets.com/Market-Reports/quantum-dots-qd-market-694.html
Early buyers will receive 10% customization on this report.
Quantum Dots (QD) is the most advanced area of “semiconductor nanoparticles”, which is undergoing massive research. QDs are semiconductor nanoparticles, and, as the name suggests, have size from 2 nm to 10 nm. Due to their miniature property; they are highly versatile and flexible. The uniqueness of QD material lays in the fact that its power intensity depends on the input source and size of QD. There are several ways to confine excitons in semiconductors, resulting in different methods to produce quantum dots. In general, quantum wires, wells, and dots are grown by advanced epitaxial techniques in nanocrystals produced by chemical methods or by ion implantation, or in nanodevices made by state-of-the-art lithographic techniques.
In the present scenario of QD technology market, Healthcare is the only industry, which has gained significant market share. Healthcare needs high precision in tissue labeling, cancer therapy, tumor detection, etc. and QD-based devices work for the same.
Lighting industry is huge; and after the introduction of efficient lighting like LED, this industry has taken a huge leap. LED lighting and fixtures market is growing by leaps and bounds since the last few years and expected to expand further. Now companies are looking for the alternate technology for LED lighting. QD lighting will fulfill the need; it is highly efficient and cost-effective. QD Vision has collaborated with Nexxus Lighting to launch its first QD LED light, and soon it will capture the market. Likewise, the company is also working on QD display.
QD technology will play a crucial role in solar energy-oriented industry as well. Researchers have developed QD-based solar cell, which is 50% as efficient as conventional solar cell. University of Toronto has achieved an efficiency of 4.2% conversion with solar cell based on colloidal QDs (CQD). Researchers are also working on QD-based paint that can be applied to panels or walls to capture solar energy.
Global Quantum Dots Market for technology-products and applications is expected to reach $7480.25 million by 2022, at an estimated CAGR of 55.2% from 2012 to 2022. Americas are holding a leadership position in QD technology market on the whole; followed by Europe and APAC. In the market of ROW, Middle East and Africa are the largest contributors.
Browse Related Reports
Hardware Encryption Market - By Algorithms (AES, RSA), Architectures (FPGA, ASIC), Products (Hard Disk Drives, USB Drives and In-Line Encryptors), Applications, Verticals and Geography - Analysis & Forecast (2013 – 2018)
http://www.marketsandmarkets.com/Market-Reports/hardware-based-encryption-systems-market-1115.html
Photonic Integrated Circuit (IC) & Quantum Computing Market (2012 – 2022): By Application (Optical Fiber Communication, Optical Fiber Sensors, Biomedical); Components (Lasers, Attenuators); Raw Materials (Silica on Silicon, Silicon on Insulator)
http://www.marketsandmarkets.com/Market-Reports/photonic-integrated-circuit-ic-optical-computing-chip-market-881.html
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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Read the full story at http://www.prweb.com/releases/quantum-dots-qd-market/09/prweb11144697.htm
Read more: http://www.digitaljournal.com/pr/1479695#ixzz2fY0UcdpW
Osram Opto announces side-emitting LEDs for portable display backlights
19 Jun 2013
The new MicroSideled 3806 LEDs are rated for 15,000 hours of life and come in a phosphor-converted white version and in a blue LED designed for the emerging portable displays that use quantum dots to produce vivid colors.
Osram Opto Semiconductors has announced new side-emitting LEDs in the MicroSideled 3806 family designed for backlighting screens in portable devices ranging from smartphones to tablets. The family includes a phosphor-converted white LED that enables LCDs to produce white images over a range of 2700K to 10,000K, and blue emitters intended for applications that use quantum dots.
The LEDs measure 3.8×1×0.6 mm. The low-profile LEDs are designed to optically couple directly to light guides in an edge-lit fashion and the planar light guides are placed behind an LCD to produce backlight. The LEDs are rated for 15,000 hours of life to L70, or 70% of their initial lumen output.
The white LED produces light in the 8000K CCT range. Osram said that the white point is a good match for the color filters typically used in LCDs and delivers optimum brightness and color gamut.
The white LED delivers efficacy of 150 lm/W and good uniformity in color and brightness. "For white, in particular, we offer very fine binning so there is always uniform color over the entire backlit surface," said MW Lui, product marketing manager at Osram Opto Semiconductors.
Blue LED and quantum dots
The blue LED is designed for use with quantum dot technology that is just coming to market in the display area. Quantum dots are excited by photons much like conventional phosphor, but the dots have a much narrower emission spectrum.
In a display application, the display manufacturer embeds red, green, and blue (RGB) quantum dots on a thin sheet of material that is placed between the light guide and the LCD. The dots are patterned to exactly match the LCD's RGB filters. Therefore, only red light is shone though red filters and the same scenario holds true for green and blue filters. The technology results in a display with richer colors and improved color gamut relative to LCDs backlit with white light.
The blue Osram LED would excite the quantum dots in a display application. Blue is chosen because LED manufacturers can deliver the best quantum efficiency with that color. Osram says that the blue MicroSideled 3806 delivers 55% external quantum efficiency.
Osram said that the blue LED and quantum dot technology will enable more efficient displays when the power consumption is considered at the system level. The quantum dots make more efficient use of the emitted photons because you don't have the situation, as with white light, where much of the spectral energy of the backlight is wasted when passing through the color filters. Osram said the advantage is 10–15% in energy consumption and 33% better coverage of the color space.
http://www.aim-awards.co.uk/nominations_and_shortlist/
Nanoco nominated for Best Technology Award & Dr. Michael Edelman for Entrepreneur of the Year Award.
Awards night is 10 Oct.
Nanoco ready to ramp up
Quantum dots developer’s Dow deal a game-changer for digital displays
We remain big fans of Nanoco (NANO:AIM) and see the shares as ripe for another big push over the next six-to-12 months, with 260p a possible target for 63% upside.
As readers can see from the chart, the stock has eased off from its 199p all-time high hit earlier this year (20 Feb) as investors who followed our initial call (see Shares, Plays, 1 Mar ‘12) cashed in some well-earned profits.
Our Plays of the Week run on a one-year rolling basis but such is our faith in the £335 million cap that we are flagging it again. Many readers will still have stakes, but that should not stop them topping up.
To quickly recap, the Manchester University spin-off develops and makes quantum dots, tiny, fluorescent semiconductors used to make next-generation electronics. Nanoco’s IP-protected manufacturing method avoids cadmium, a heavy metal banned in many countries, and its trademarked NanoDot technology is used in several applications; solid state lighting, solar panels, even some medical devices.
As we originally predicted, it is in digital displays where the biggest breakthrough has come thanks to a landmark global licensing deal with US giant Dow Chemical (DOW:NYSE) at the start of the year (23 Jan). Quantum dot LED (QLED) displays are set to become the next big trend in consumer electronics.
NANOCO GROUP - Comparison Line Chart (Rebased to first)
Market potential
A report in March from technology analyst Wintergreen Research predicts the QLED display market will hit $6.4 billion by 2019 from a standing start just a couple of years back. The report backs up our theory that once manufacturers learn to integrate quantum dots into products they will be falling over themselves to do so thanks to the technology’s lower energy use and cheaper manufacturing cost.
According to Wintergreen, Samsung (005930:KS) reckons QLED displays could cost half as much as LCD or organic LED (OLED) panels. It also estimates 80% better energy efficiency, for thinner devices with a sharper display.
TVs are a starting point, but expect QLED in smartphones and tablets too as device manufacturers desperately seek ways to defend market share in high margin top-of-the-range products.
As analysts at house broker Canaccord Genuity point out, an increasing number of industry participants share Dow Chemical’s and Nanoco’s confidence that quantum dots are on the cusp of widespread adoption in a $100 billion display market.
Sony (6758:T) already has launched the world’s first quantum dot TV using cadmium-based technology from Nanoco’s privately owned rival QD Vision. But since sales will be barred in many major markets, the US and European Union, mass market products look destined to follow the cadmium-free technology route. Nanoco is already expanding its factory in Runcorn, Cheshire from an annual 25kg capacity to 70kg, beyond initial plans to expand it to 40kg. It is rumoured to be eyeing a brand new set-up in Asia post the Dow deal, with Korea the hot tip.
Liberum sees year to July royalty-based revenues of £4 million rising to £4.6 million in 2014, before the really exciting sales flood in, hitting over £100 million inside five years from a licensing/royalty business model similar to that of UK chip champ ARM (ARM). That would imply over £90 million pre-tax profit thanks to 88% operating margins.
With cash burn running at around £5.5 million a year, its £12.5 million of cash pile should mean Nanoco is unlikely to tap investors for fresh funds. Liberum sees the shares hitting 260p over the next year, while Canaccord is even more optimistic, setting a 275p target price. That could be just scratching the surface of the shares’ longer-term profits potenti
For immediate release
27 August 2013
("Nanoco" or the "Company")
Notification of Preliminary Results
Nanoco Group plc(AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, will announce its preliminary results for the year ended 31 July 2013 on Monday 14 October 2013.
A briefing for analysts will be held at 10.00am on the morning of the results at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN.
To register attendance, please contact Buchanan on 020 7466 5000.
For further information:
Nanoco + 44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
Colin White, Chief Financial Officer
Canaccord Genuity - Nomad and Joint Broker
+44 (0) 20 7523 8000
Simon Bridges
Cameron Duncan
Liberum Capital - Joint Broker
+44 (0) 20 3100 2000
Simon Atkinson
Richard Bootle
Buchanan + 44 (0) 20 7466 5000
Mark Court / Fiona Henson / Sophie Cowles
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots for use in multiple applications including LCD displays, lighting and solar cells. In the display market, it has an exclusive manufacturing and marketing licensing agreement with The Dow Chemical Company.
Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and business development offices in the USA, Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.
Nanoco began trading on the AIM market of the London Stock Exchange in May 2009 under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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HP’s Shane Wall to Keynote NPD DisplaySearch Emerging Display Technologies Conference
Speakers also include Intel’s Matt King, and FlatFrog co-founder and CTO Ola Wassvik
WEBWIRE – Wednesday, July 31, 2013
SANTA CLARA, CALIF. — NPD DisplaySearch, the worldwide leader in display market research, today announced that Shane Wall, vice-president and chief strategy and technology officer for Hewlett Packard’s mobility group, will provide the keynote address for the upcoming Emerging Display Technologies Conference, which is being held on August 6, 2013 at the Hilton San Jose in San Jose, California. Other confirmed conference speakers include Matt King, senior engineering manager at Intel Corporation, Ola Wassvik, chief technology officer and co-founder of FlatFrog, and executives from Amorphyx, ams, Canatu, Cima NanoTech, ClearInk, Corning, Kateeva, MacroDisplays, Nanoco, Nanosys, Prysm, Qualcomm MEMS Technologies, UniPixel, and ViviVouch.
“We are excited to have Shane Wall, Matt King, and Ola Wassvik provide their insights into displays and interactivity at our conference,” said Paul Semenza, senior vice president of NPD DisplaySearch. “These speakers and other industry leaders will be on hand to explain and discuss applications, materials, and manufacturing of leading and emerging display technologies.”
Shane Wall’s keynote address will cover the impact that emerging and disruptive technologies are having on our personal lives and businesses, including the relationship between the rise of mobile internet, sensors (the Internet of Things), social media, and the ability to create and deliver value by mining data in the cloud. Such data becomes valuable only when it is rendered or displayed to a user, so Shane will discuss the potential of rendering data to the physical world through heads-up displays, wearables, window panes, and even displays on household appliances based on a user’s presences and context. He will also address the advances in touch/display technologies that will contribute to this revolution.
Matt King will discuss Intel’s latest touch-panel initiatives, and Ola Wassvik will talk about FlatFrog’s proprietary touch-screen technology offerings, including planar scatter detection (PSD), which is a novel optical multi-touch technology.
The conference agenda is organized around the following topics:
- Touch screen market and applications
- Touch sensor technology developments
- Mobile and wearable devices
- Materials and manufacturing
- Novel display technologies
In addition to the conference presentations there will be opportunities to ask questions of the speakers, both during sessions and in networking breaks, and to interact with the sponsors at tabletop exhibits.
For more information and to register for the conference, visit www.displaysearch.com/emergingtech. To discuss the conference and sponsorship opportunities, please contact Laura Castellano at 1.408.418.1904 or laura.castellano@displaysearch.com.
Media interested in attended the conferences should contact Sarah Bogaty at 1.516.625.2357 or media@displaysearch.com.
About NPD DisplaySearch
NPD DisplaySearch, part of The NPD Group, provides global market research and consulting specializing in the display supply chain, including trend information, forecasts and analyses developed by a global team of experienced analysts with extensive industry knowledge. NPD DisplaySearch supply chain expertise complements sell-through information from The NPD Group, thereby providing a true end-to-end view of the display supply chain from materials and components to shipments of electronic devices with displays to sales of major consumer and commercial channels. For more information, visit us at http://www.displaysearch.com/. Read our blog at http://www.displaysearchblog.com/ and follow us on Twitter at @DisplaySearch.
About The NPD Group, Inc.
The NPD Group provides global information and advisory services to drive better business decisions. By combining unique data assets with unmatched industry expertise, we help our clients track their markets, understand consumers, and drive profitable growth. Sectors covered include automotive, beauty, consumer electronics, entertainment, fashion, food/foodservice, home, luxury, mobile, office supplies, sports, technology, toys, and video games. For more information, visit http://www.npd.com/ and npdgroupblog.com. Follow us on Twitter: @npdtech and @npdgroup.
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http://www.heraldonline.com/2013/06/25/4975288/quantum-dot-and-quantum-dot-display.html
Quantum dots will cascade into the marketplace. They offer lower cost, longer life, and brighter lighting.
According to Susan Eustis, The commercialization of quantum dots using kilogram quantity mass production is a game-changer. High quality, high quantity and lowest price quantum dots increase product quality in every industry. The rate of change means speeded products cycles are evolving.
Once manufacturers learn to integrate higher efficiency luminescent quantum dots into their products, each vendor will need to follow or dramatically lose market share. This level of change brought by quantum dot and quantum dot displays (QLED) represents a new paradigm that will create new industries, products and jobs in science and industry. The list of possible quantum dot applications is ever expanding. New applications are waiting for the availability of more evolved quantum dots.
Quantum Dot LED (QLED) commercial focus has remained on key optical applications: Optical component lasers are emerging as a significant market. LED backlighting for LCD displays, LED general lighting, and solar power quantum dots are beginning to reach the market. Vendors continue to evaluate other applications.
Quantum dots QDs are minute particles or nano-particles in the range of 2 nm to 10 nm diameter. Quantum dots are tiny bits of semiconductor crystals with optical properties that are determined by their material composition. Their size is small to the nanoparticle level. They are made through a synthesis process. QD Vision synthesizes these materials in solution, and formulates them into inks and films. Quantum Dot LEDs (QLED) enable performance and cost benefits.
The quantum dot cannot be seen with the naked eye, because it is an extremely tiny semiconductor nanocrystal. The nanocrystal is a particle having a particle size of less than 10 nanometers. QDs have great potential as light-emitting materials for next-generation displays with highly saturated colors because of high quantum efficiency, sharp spectral resolution, and easy wavelength tenability. Because QDs convert light to current, QDs have uses in other applications, including solar cells, photo detectors, and image sensors.
QLED displays are anticipated to be more efficient than LCDs and OLEDs. They are cheaper to make. Samsung estimates that they cost less than half of what it costs to make LCDs or OLED panels. QLED quantum dot display is better than OLED. It is brighter, cheaper, and saves more energy. Energy-savings is a strong feature. Its power consumption is 1/5 to 1/10 of the LCD's Samsung offers now. Manufacturing costs of a display are less than half of OLED or LCD. It has a significantly longer life than the OLED.
QLED quantum dot display uses active matrix to control the opening and closing of the pixels of each color. Quantum dots have to use a thin film transistor. Emission from quantum dots is due to light or electrical stimulation. The quantum dots are able to produce different colors depending on the quantum shape and size used in the production of materials.
Dow Electronic Materials, a business unit of The Dow Chemical Company (NYSE: DOW) and Nanoco Group plc (AIM: NANO) have a global licensing agreement for Nanoco's cadmium-free quantum dot technology. Under the terms of the agreement, Dow Electronic Materials will have exclusive worldwide rights for the sale, marketing and manufacture of Nanoco's cadmium-free quantum dots for use in electronic displays.
HQuantum Dot and Quantum Dot Display (QLED) markets at $150.1 million in 2012 are anticipated to reach $6.4 billion by 2019 as technology matures and is designed into products.
Companies Mentioned
- Evident Technologies - InVisage - LG Display - Life Technologies Corp - N-N Labs - NanoAxis - Nanoco Technologies - Nanosys - Nexxus Lighting - Ocean Nanotech - QD Vision - Quantum Materials Corp - Samsung - Sigma-Aldrich
For more information visit http://www.researchandmarkets.com/research/8rh3vc/quantum_dot_and
Source: Wintergreen Research, Inc
Research and Markets Laura Wood, Senior Manager. press@researchandmarkets.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Advanced Technology
SOURCE Research and Markets
Read more here: http://www.heraldonline.com/2013/06/25/4975288/quantum-dot-and-quantum-dot-display.html#storylink=cpy
http://www.manchestereveningnews.co.uk/business/business-news/nanoco-boss-relocate-3567507
Nanoco boss to relocate to US
9 May 2013 17:58
Nanoco boss to relocate to US
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Nanoco chief executive Michael Edelman Nanoco chief executive Michael Edelman
The chief executive of technology firm Nanoco is relocating to America after cashing-in £2.1m of shares.
The
University
of Manchester spinout company, which has 78 staff, specialises in developing and manufacturing cadmium-free quantum dots, which are tipped to be components in the next generation of TV screens, solar panels and LED lights.
In a trading update, Nanoco boss Michael Edelman said the relocation to Boston will allow the company to be close to its key US strategic partners and potential customers. It will also give the company the opportunity to develop its US investor base.
To fund the relocation Mr Edelman has cashed in 1,300,000 ordinary shares at 163 pence per share.
He said: "Nanoco has reached a stage in its development where I am spending an increasing amount of time in the US, particularly since signing our key manufacturing and marketing relationship there.
“We have strategic relationships, customers, potential customers and investors in the US. By relocating, I will have the opportunity to serve and develop these relationships more effectively.
"Nanoco's head office will remain in Manchester, UK, and I will continue to divide my time between Manchester, London, Asia and the US."
Quantum Dot and Quantum Dot Display (QLED) Market - New Research Report on Researchmoz.us
>PRWEB.COM Newswire
Albany, New York (PRWEB) March 28, 2013
New Study Quantum Dot and Quantum Dot Display (QLED) Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019. The 2013 study has 221 pages, 80 tables and figures. Quantum dots will cascade into the marketplace. They offer lower cost, longer life, and brighter lighting.
According to Susan Eustis, "The commercialization of quantum dots using kilogram quantity mass production is a game-changer. High quality, high quantity and lowest price quantum dots increase product quality in every industry. The rate of change means speeded products cycles are evolving."
To Read The Complete Report with TOC Kindly Visit@ http://www.researchmoz.us/quantum-dot-and-quantum-dot-display-qled-market-shares-strategies-and-forecasts-worldwide-nanotechnology-2013-to-2019-report.html
Once manufacturers learn to integrate higher efficiency luminescent quantum dots into their products, each vendor will need to follow or dramatically lose market share. This level of change brought by quantum dot and quantum dot displays (QLED) represents a new paradigm that will create new industries, products and jobs in science and industry. The list of possible quantum dot applications is ever expanding. New applications are waiting for the availability of more evolved quantum dots.
Quantum Dot LED (QLED) commercial focus has remained on key optical applications: Optical component lasers are emerging as a significant market. LED backlighting for LCD displays, LED general lighting, and solar power quantum dots are beginning to reach the market. Vendors continue to evaluate other applications.
Quantum dots QDs are minute particles or nano-particles in the range of 2 nm to 10 nm diameter. Quantum dots are tiny bits of semiconductor crystals with optical properties that are determined by their material composition. Their size is small to the nanoparticle level. They are made through a synthesis process. QD Vision synthesizes these materials in solution, and formulates them into inks and films. Quantum Dot LEDs (QLED) enable performance and cost benefits.
The quantum dot cannot be seen with the naked eye, because it is an extremely tiny semiconductor nanocrystal. The nanocrystal is a particle having a particle size of less than 10 nanometers. QDs have great potential as light-emitting materials for next-generation displays with highly saturated colors because of high quantum efficiency, sharp spectral resolution, and easy wavelength tenability. Because QDs convert light to current, QDs have uses in other applications, including solar cells, photo detectors, and image sensors.
QLED displays are anticipated to be more efficient than LCDs and OLEDs. They are cheaper to make. Samsung estimates that they cost less than half of what it costs to make LCDs or OLED panels. QLED quantum dot display is better than OLED. It is brighter, cheaper, and saves more energy. Energy-savings is a strong feature. Its power consumption is 1/5 to 1/10 of the LCD's Samsung offers now. Manufacturing costs of a display are less than half of OLED or LCD. It has a significantly longer life than the OLED.
QLED quantum dot display uses active matrix to control the opening and closing of the pixels of each color. Quantum dots have to use a thin film transistor. Emission from quantum dots is due to light or electrical stimulation. The quantum dots are able to produce different colors depending on the quantum shape and size used in the production of materials.
Dow Electronic Materials, a business unit of The Dow Chemical Company (NYSE: DOW) and Nanoco Group plc (AIM: NANO) have a global licensing agreement for Nanoco's cadmium-free quantum dot technology. Under the terms of the agreement, Dow Electronic Materials will have exclusive worldwide rights for the sale, marketing and manufacture of Nanoco's cadmium-free quantum dots for use in electronic displays.
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Read the full story at http://www.prweb.com/releases/2013/3/prweb10579595.htm
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Nanoco narrows losses after transformational deal
18 Mar 2013 11:16
Nanoco has narrowed its losses after a transformational deal with Dow
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Nanotechnology firm Nanoco has narrowed it losses after a 'transformational' six months that saw it sign a worldwide licensing agreement to include its technology in screens.
Revenues for the six months to January 31 were £2.54m, up from £1.32m in the same period last year, and the company narrowed its losses from £2.36m in the first half of 2012 to £1.6m.
In January Nanoco announced a transformational global licensing deal with US technology giant Dow Electronic Materials.
Dow, a subsidiary of the £37bn-turnover Dow Chemical Company, paid an undisclosed sum for the exclusive worldwide rights for the sale, marketing and manufacture of Nanoco's cadmium-free quantum dots for use in electronic displays.
The dots are tipped to be a key ingredient in the next generation of television and smart phone screens and Nanoco will receive royalty payments on Dow's sales of the technology.
University of Manchester spinout Nanoco, which has 78 staff, has also signed a follow-on joint development agreement with lighting giant Osram to finalise the design of LED lights which include its quantum dots.
Dow plans to build a quantum dot factory in Asia, with production expected to begin in 2014, and production is also being doubled at Nanoco's factory in Runcorn.
A Nanoco statement said: “The agreement with Dow has major strategic and commercial benefits for Nanoco, including strengthening the company's manufacturing strategy.
“Dow is already a major supplier to the global supply industry and has close relationships with major customers in the LCD industry.”
Nanoco said it was also close to creating a low-cost, highly-efficient solar cell alongside its development partner Tokyo Electron.
Analyst Janardan Menon, of Liberum Capital, said: “Revenues, earnings and cash flow is expected to rise sharply from 2015.
“Nanoco is an attractive investment with high forecasted revenue growth rates and a royalty based business model, leading to very high margins.”
Nanoco shares were up 4p, or 2.15 per cent, at 190p on the news.
Appointment of Key Business Development Executives
06 February 2013
Appointment of Key Business Development Executives
Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces the appointment of two highly experienced business development executives in the USA and South Korea to support the roll-out of Nanoco's quantum dot technology in the display industry.
Margaret "Peggy" Hines PhD, a quantum dot specialist with an impressive track record in research, development and commercialisation, has been appointed Global Technical Business Development Director. During her academic research, Dr Hines played a key role in the development of core/shell quantum dots. She has also gained considerable commercial experience at nanotechnology companies including Solexant Corporation and Evident Technologies, Inc.
Dr Hines will be based in the USA and will support The Dow Chemical Company's roll out of Nanoco's cadmium-free quantum dots to the global display industry as well as providing technical assistance to Nanoco's customer base. Dow signed an exclusive, global licensing deal with Nanoco in January 2013 for the manufacture, marketing and sale of Nanoco's cadmium-free quantum dots into the display industry.
Jin-Ho Park PhD, an advanced materials specialist with years of experience in R&D and product development at Samsung Electronics, has been appointed Vice President Business Development, Korea. Dr Park, a South Korean national, gained his PhD at Imperial College, London, and carried out post-doctoral research at the University of Manchester. Prior to joining Nanoco, he was a principal engineer at Samsung, working in the company's semiconductor R&D centre in South Korea.
Dr Park, who will be based in South Korea, will work closely with Nanoco's key Korean customers and potential customers.
Michael Edelman, Nanoco's CEO, commented: "I'm delighted to welcome Peggy and Jin-Ho to Nanoco. They both have excellent commercial and research experience and I look forward to their contribution to the successful roll-out of Nanoco's cadmium-free quantum dot technology."
For further information:
Nanoco
+ 44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
Colin White, Chief Financial Officer
Bank of America Merrill Lynch - Joint Broker
+ 44 (0) 20 7996 2490
Matthew Blawat
Canaccord Genuity - Nomad and Joint Broker
+44 (0) 20 7523 8000
Simon Bridges
Cameron Duncan
Buchanan
+ 44 (0) 20 7466 5000
Mark Court / Fiona Henson / Sophie Cowles
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and manufacture of commercial quantities of quantum dots for use in multiple applications including lighting, solar cells and biological imaging. Nanoco's quantum dots, which are free of heavy metals and comply with RoHS legislation, can be combined into a wide range of materials including liquids, polymers and glass. Nanoco forms strategic partnerships with major end users across a range of applications.
Nanoco was founded in 2001 and is based in Manchester, UK. Nanoco began trading on the AIM market of the London Stock Exchange in May 2009 under the ticker symbol NANO.
For further information, please visit www.nanocogroupplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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Dow Electronic Materials And Nanoco Group PLC Sign Global Licensing Agreement For Cadmium-Free Quantum Dots
January 23, 2013
PHILADELPHIA & MANCHESTER, UNITED KINGDOM--(BUSINESS WIRE)--
Dow Electronic Materials, a business unit of The Dow Chemical Company (NYSE:DOW) and Nanoco Group plc (AIM:NANO) today announced they have entered into a global licensing agreement for Nanoco’s cadmium-free quantum dot technology. Under the terms of the agreement, Dow Electronic Materials will have exclusive worldwide rights for the sale, marketing and manufacture of Nanoco’s cadmium-free quantum dots for use in electronic displays.
The agreement brings together Nanoco’s world-leading technology with Dow’s large-scale manufacturing capability and well-established sales, marketing and distribution network. Dow Electronic Materials is already a major supplier of critical electronic materials to the global display industry.
The financial details of the agreement are not being disclosed though Nanoco will receive royalty payments related to Dow’s sales of cadmium-free quantum dots. Nanoco will continue to provide any technology advances to its cadmium-free quantum dot technology throughout the lifetime of the agreement and participate with Dow in the marketing and technical support of these materials.
Dow intends to build production capacity in Asia where it has extensive manufacturing capabilities to supply high-performance materials to its customers in the display and semiconductor-related segments. Full commercial production is expected to begin in the first half of 2014.
“We believe that Nanoco’s cadmium-free quantum dots will become a new standard in the display industry owing to their ability to significantly improve the color performance of LCD displays both cost-effectively and by avoiding the use of heavy metals,” said C.G. Park, Global Business Director, Dow Electronic Materials. “When coupled with Nanoco’s technology, Dow’s deep technical, engineering and industry knowledge in films, LCD, LED, and OLED display segments brings our customers an unmatched portfolio of materials solutions.”
Michael Edelman, Nanoco’s Chief Executive Officer, commented: “We are delighted to sign this agreement with Dow Electronic Materials. This agreement is transformational for the quantum dot industry and a significant endorsement of Nanoco’s cadmium-free quantum dot technology. With Dow’s production expertise and deep customer relationships, display makers can begin to plan their quantum dot production requirements with further confidence.”
About Dow
(NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 197 sites in 36 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
About Dow Electronic Materials
Dow Electronic Materials, a global supplier of materials and technologies to the electronics industry, brings innovative leadership to the semiconductor, interconnect, finishing, photovoltaic, display, LED and optics markets. From advanced technology centers worldwide, teams of talented Dow research scientists and application experts work closely with customers, providing solutions, products and technical service necessary for next-generation electronics. These partnerships energize Dow's power to invent. Its key end-use applications include a broad range of consumer electronics from personal computers, to television monitors, smart phones and tablets and other mobile devices as well as electronic devices and systems used in a variety of industries. More information about Dow Electronic Materials can be found at www.dowelectronicmaterials.com.
About Nanoco Group plc
Nanoco is a world leader in the development and manufacture of commercial quantities of quantum dots for use in multiple applications including lighting, solar cells and biological imaging. Nanoco's quantum dots, which are free of heavy metals and comply with RoHS legislation, can be combined into a wide range of materials including liquids, polymers and glass. Nanoco forms strategic partnerships with major end users across a range of applications.
Nanoco was founded in 2001 and is based in Manchester, UK. Nanoco began trading on the AIM market of the London Stock Exchange in May 2009 under the ticker symbol NANO.
For further information, please visit www.nanocogroupplc.com.
Copyright Business Wire 2013
Nanoco Group PLC and its operating subsidiary Nanoco Technologies Ltd partner major R&D and blue-chip industrial organisations in the development of applications incorporating semiconductor nanoparticles, “quantum dots”.
Nanoco Technologies is unique in the nanomaterials market as a company that manufacture large quantities of quantum dots. Our molecular seeding process for the bespoke manufacture of these nanoparticles on a commercial scale is protected by worldwide patents.
Nanoco Technologies is the only manufacturer currently able to supply production quantities of these nanoparticles which do not use a regulated heavy metal. We are the only manufacturer able to respond to orders for large quantities of bespoke quantum dots, and we are leading the way in customising the functionalisation of quantum dots enabling chemical linkage for biological and other specific uses.
The bulk manufacture of quantum dots provides our partners with the platform to develop a wide variety of next-generation products, particularly in application areas such as display technology, lighting, solar cells and biological imaging.
Nanoco Technologies’ research and manufacturing headquarters was established in Manchester (UK) in 2001. The company currently operates facilities in the UK and Japan.
About this Site
This is the corporate website of Nanoco Technologies Ltd. Please make use of the navigation provided to find out more about our products and their applications. This site also contains useful information for prospective partner organisations, employees and investors, as well as visitors with an academic interest in our research, and general readers who would like to find out more about the fascinating subject of quantum dots.
Senior Process Engineer (Manchester & Runcorn, UK)
Nanoco Technologies Ltd
Location:
Manchester (M13)
Salary:
Competitive compensation package
Date posted:
23/01/2013
Job type:
Permanent
Company:
Nanoco Technologies Ltd
Reporting to the Manufacturing Director, you will be providing expertise in the design and commissioning of small scale, highly specialised, batch chemical processes. Your contribution to developing the manufacturing capability of the business will be an essential part of this rapidly growing, high technology c ... more
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Synthetic & Materials Chemist; Manchester M13
Nanoco Technologies Ltd
Location:
Manchester (M13)
Salary:
Negotiable depending on experience
Date posted:
23/01/2013
Job type:
Permanent
Company:
Nanoco Technologies Ltd
Reporting to the Section Head, you will be joining Nanoco’s Cadmium Free Quantum Dots (CFQD™) team of R&D scientists as an organometallic/inorganic chemist to work on the development and synthesis of novel and existing quantum dots and their applications. You should have ... more
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Scale-Up Chemist (Manchester and Runcorn, UK)
Nanoco Technologies Ltd
Location:
Manchester (M13)
Salary:
Negotiable depending on experience
Date posted:
23/01/2013
Job type:
Permanent
Company:
Nanoco Technologies Ltd
Reporting to the Manufacturing Director and Production Team Leader, you will be directly involved in the transfer of synthetic procedures from research scale to small scale production. You will be expected to communicate with the research chemists to ens ... more
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Laboratory Technician, roles in Manchester (M13) and Runcorn (WA7)
Nanoco Technologies Ltd
Location:
Runcorn (WA7)
Salary:
Negotiable depending on experience
Date posted:
23/01/2013
Job type:
Permanent
Company:
Nanoco Technologies Ltd
Reporting to the Laboratory Manager, you will support our scientists by helping to provide safe, smooth running and well organised laboratories as part of a small technical team. You will be expected to communicate internally and with suppliers to ensure equipment and chemicals are available for use ... more
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LED Scientist
Nanoco Technologies Ltd
Location:
Chortlton Upon Medlock, Manchester (M13), M13 9NT
Salary:
unspecified
Date posted:
23/01/2013
Job type:
Permanent
Company:
Nanoco Technologies Ltd
Reporting to the QD-LED Testing Team Leader, you will work as part of the team developing next generation Quantum Dot LEDs.You will be expected to conce ive and carry out experiments to prove/test novel CFQD component designs/ideas. You will be involved in fabrication, testing and analysis ... more
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PV Physicist / Device Engineer
Nanoco Technologies Ltd
Location:
Chortlton Upon Medlock, Manchester (M13), M13 9ER
Salary:
Competitive compensation package
Date posted:
23/01/2013
Job type:
Permanent
Company:
Nanoco Technologies Ltd
Reporting to the Optoelectronics Group Leader, you will carry out research to develop devices and processes for inorganic thin film PV cell manufacturing, using Nanoco’s proprietary soluble inorganic nanoparticles to fabricate the inorganic active layers. You will work closely with material scientists/chemists and devic ... more
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Nanoco strives to join up the ‘quantum dots’
By Peter Marsh
Michael Edelman©Jon Super
While showing a visitor around his company’s premises, Michael Edelman pauses in front of a piece of equipment that lies hidden behind a black roller blind.
“I’m sorry, but we don’t like to let anyone from outside the company see this,” he says. As chief executive of Nanoco, one of the UK’s most promising high-tech manufacturers, he is keen to protect the company’s secrets – however small.
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The hardware in question is chemical apparatus for turning out small quantities of “quantum dots” – tiny pieces of fluorescent material that emit light when stimulated by an electric current.
These particles are made in dimensions of a few nanometres, equivalent to the thickness of 50 atoms. They have excited interest due to their potential applications in such fields as lighting, display screens and solar cells – so much so that they sell for about $2m per kilogramme.
Nanoco is among three companies worldwide that have demonstrated they can produce quantum dots in relatively large quantities and, although the others – Nanosys and QD Vision – are based in the US, Nanoco set up its pilot plant in Runcorn, Cheshire.
All three companies are at an early stage and have combined annual revenues estimated at no higher than about $30m. On Monday, Nanoco’s results showed it its revenues in the year to July 31 rose 12 per cent to £2.95m, while its pre-tax loss rose 35 per cent to £4.35m and cash fell 10 per cent to £15.47m.
But the rivalry between the three – and the work being done on nano materials by research groups in Asia and elsewhere – explains Nanoco’s need for secrecy over its production process.
It is also why Mr Edelman – an American who studied for his first degree in chemistry and classical literature at Tufts University in the US, and later came to the UK for a PhD – refuses to disclose any details of the chemical formulas for the materials.
Nanoco bases its technology on scientific concepts worked out Manchester University and London’s Imperial College. It has raised £25m from a range of investors since its was set up in 2001, and floated on Aim in 2009.
It currently makes its products at the rate of about 25kg a year. However, Mr Edelman is working on a plan to build a new £10m plant adjacent to the company’s current premises, which could increase annual production to 400kg.
Gazing out of a window to the vacant building plot, Mr Edelman says: “My vision is to turn Nanoco into a sizeable business. I like the idea of running a manufacturing company and employing people.”
Mr Edelman also believes his company has one crucial lead over its US rivals. He says it does not use cadmium in any of its production processes, while Nanosys and QD Vision do use the heavy metal – the presence of which in the environment, even in small quantities, can potentially be harmful to human health.
“When a lot of regulatory authorities are trying to reduce the use of cadmium, the fact that we don’t need it [in our production process] gives us an important edge,” says the 48-year-old scientist, who has been in charge of Nanoco since 2004.
Nanosys’ chief executive, Jason Hartlove, says his company’s use of cadmium leads to “performance advantages” for its materials. In addition, he points out that Nanosys’s use of cadmium complies with legal requirements in all the countries where the company operates.
Jason Carlson, chief executive of QD Vision, declined to comment on any aspect of his company’s business.
In keeping with the secrecy that surrounds all three companies, Mr Edelman will not discuss the names of any of the companies with which Nanoco is collaborating on research agreements, or to which it is selling products for trials.
However, people familiar with the matter say some of the businesses may include large makers of display screens, including Sharp of Japan and LG and Samsung of South Korea, as well as lighting manufacturers such as Philips of the Netherlands.
Over the next year or so, Mr Edelman plans to extend Nanoco’s range of global partners, to give the company more opportunity to develop its technology and push up sales.
His ambition is simple. “My plan, in due course, is to turn this company into a leading British success story,” he says.
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Please don't cut articles from FT.com and redistribute by email or post to the web.
Dow Electronic Materials and Nanoco Group PLC Sign Global Licensing Agreement for Cadmium-Free Quantum Dots
Charles Gross Benzinga
Dow Electronic Materials, a business unit of The Dow Chemical Company (NYSE: DOW) and Nanoco Group plc (OTC: NNOCF) today announced they have entered into a global licensing agreement for Nanoco's cadmium-free quantum dot technology. Under the terms of the agreement, Dow Electronic Materials will have exclusive worldwide rights for the sale, marketing and manufacture of Nanoco's cadmium-free quantum dots for use in electronic displays.
The agreement brings together Nanoco's world-leading technology with Dow's large-scale manufacturing capability and well-established sales, marketing and distribution network. Dow Electronic Materials is already a major supplier of critical electronic materials to the global display industry.
See full press release
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
http://www.nanocotechnologies.com/content/InvestorRelations/RNSNews.aspx
For immediate release
5 October 2012
("Nanoco" or "the Company")
Signs follow-on Joint Development Agreement in General Lighting
Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces that it has signed a follow-on joint development agreement with one of the world's largest lighting companies. This agreement follows the successful completion of a joint development agreement with the same lighting company, announced in August last year.
The objective of this follow-on agreement is to finalise the design and manufacture of a light emitting diode (LED) light incorporating Nanoco quantum dots for retro-fitting in commercial, residential and other settings.
LED lighting has many advantages over traditional lighting including long service life, reduced power consumption, compact size and shock resistance - but its colour performance is one factor that has limited its adoption. Current methods for producing white light from a blue LED tend to be weak in red wavelengths, creating the two problems that the light lacks warmth and fails to show true colours.
Nanoco's quantum dots can transform blue LEDs so that they produce white light with a high colour rendering index (CRI), thereby showing true colours in domestic and office environments. In addition, as Nanoco quantum dots are tunable, any warmth of light can be produced.
Michael Edelman, Nanoco's Chief Executive Officer, said: "We're delighted to have signed this product development agreement and to be working with one of world's largest and most innovative lighting companies. Our quantum dots have the potential to unlock the many advantages of LEDs, creating a major commercial opportunity for Nanoco."
For further information please contact:
Nanoco
+ 44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
Colin White, Chief Financial Officer
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