RCS - Nanoco Group PLC - Awarding of Government Grant

NanocoAnnouncement

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RNS Number : 3583D  Nanoco Group PLC  15 October 2025

FOR IMMEDIATE
RELEASE
 
            15 October 2025

 

Nanoco Group PLC

("Nanoco, the "Group", or the "Company")

 

Awarding of Government Grant

 

Nanoco Group plc (LSE: NANO), a world leader in the development and
manufacture of cadmium-free quantum dots and other specific nanomaterials
emanating from its technology platform, is pleased to announce it has been
awarded a grant from Innovate UK for the development of a semiconductor
quantum dot ink for one-step coating of image sensors.

The six month project will build on Nanoco's core quantum dot materials and
will pursue the development of an ink which will enable single step deposition
of lead sulphide ("PbS") nanomaterials, improving processing efficiency.

The project is forecast to cost £0.1m and will be 70% funded by Innovate UK.

Dmitry Shashkov, Nanoco's CEO, commented:

"A one step ink formulation will enable our customers to apply PbS
nanomaterials to their sensors faster and at a lower cost, and to test
Nanoco's industry leading materials in their products and production
processes. This initiative should lead to further downstream revenues of our
production ready PbS material, as well as overall acceleration of this young
and dynamic industry - Quantum Dot based sensors. We thank Innovate UK for
their support with this development."

 

- Ends -

The person responsible for arranging for the release of this announcement on
behalf of Nanoco is Liam Gray, Chief Financial Officer.

Nanoco Group plc:

Dmitry Shashkov,
CEO
      +44 (0)1928 761 404

Liam Gray, CFO & Company Secretary

 

Sodali & Co (Public
Relations)

Elly
Williamson
      +44 (0)79 3535 1934

Pete Lambie

Oliver Banks

Nanoco@sodali.com (mailto:Nanoco@sodali.com)

 

Cavendish Capital Markets Limited (Financial Adviser and Corporate Broker):

Ed Frisby / George Lawson (Corporate Finance)
                                  +44 (0) 20 7220 0500

Tim Redfern (Corporate Broking)

Jasper Berry (Sales)

 

CDX Advisors (Financial Adviser):

Steven Foland
 
 
                   +1 415 425 2224

Steve Month

Patrick Foley

 

Notes for editors:

About Nanoco Group plc

Nanoco (LSE: NANO) is a nanomaterial production and licensing group,
specialising in the production of its patented cadmium free quantum dots
(CFQD® materials) and other patented nanomaterials for use in the electronics
industries. Founded in 2001 and headquartered in Runcorn, UK, Nanoco continues
to build out a world-class, patent-protected IP portfolio alongside its
existing scaled up production facilities for commercial orders.

Nanomaterials are materials with dimensions typically in the range 1 - 100 nm.
Nanomaterials have a range of useful properties, including optical and
electronic. Quantum dots are a subclass of nanomaterial that have
size-dependent optical and electronic properties. Within the sphere of quantum
dots, the Group exploits different characteristics of the quantum dots to
target different performance criteria that are attractive to specific markets
or end-user applications such as the Sensor, Electronics and Display markets.
Nanoco's CFQD® quantum dots are free of cadmium and other toxic heavy metals,
and can be tuned to emit light at different wavelengths across the visible and
infrared spectrum, rendering them useful for a wide range of display
applications. Nanoco's HEATWAVE® quantum dots can be tuned to absorb light at
different wavelengths across the near-infrared spectra, rendering them useful
for applications including cameras and image sensors.

Nanoco is listed on the Main Market of the London Stock Exchange, holds the
LSE's Green Economy Mark, and trades under the ticker symbol NANO. For further
information please visit: www.nanocotechnologies.com
(http://www.nanocotechnologies.com)

 

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