I don't think there are any of us long time investors/posters that haven't been disappointed by the long path to revenues but let's be clear the market dictates the revenues and the cadmium free market is just now ramping up.
Revenues are reported widely by independent sources to be in the billions.
The global quantum dot display market is expected to grow approximately at USD 196.99 billion by 2023, approx. 24.96% of CAGR from 2017 to 2023. That's display's only!
QMC has made significant accomplishments do you agree? or do you believe the following statements are false?
Business Accomplishments
The following outlines the business accomplishments of the Company over the last few years:
Initiated collaborations with a number of LED and Micro LED companies;
Developed stabilized cadmium free QDs and encapsulation process for remote phosphor LED applications and surpassed 3,000 hours continuous on time without measurable degradation;
Reduced QD process cost by more than 25% and doubled annual production throughput capacity using existing process equipment;
Significantly improved cadmium free QD optical performance. Achieved >86% Rec. 2020 and improving;
Initiated collaboration for QD enhanced display film with arguably the world’s largest multinational chemical company;
Developed and introduced blue cadmium free high-performance QDs;
Developed and introduced the first [color=red]100% quantum yield cadmium-free red QDs;
Developed and began producing a range of plasmonic particles targeting specialized lighting and thermal management application in the automotive and commercial glass industry;
50+ patents and applications granted, filed, and in preparation;
Doubled the number of display optical film companies that we are now in collaboration with and increased sample sales revenues;
Continued product development with leading global optical film manufacturer Nitto Denko Corporation;
Developed and began producing nano-materials for nano-bio, energy storage, water purification, and other emerging applications;
Established a nanomaterials laboratory facility for research, development and production in Texas and negotiated a collaboration with Texas State University;
Acquired a foundational patent portfolio from Bayer AG covering high volume production of QDs, including cadmium free quantum dots, quantum dot enhancement technologies and quantum dot solar cell technologies; and
Licensed key patents from Rice and University of Arizona
