RCS - Nanoco Group PLC - Nanoco launches New Wafer Device Facility (‘Fab’)

NanocoAnnouncement

17/07/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240717:nRSQ6690Wa&default-theme=true

RNS Number : 6690W  Nanoco Group PLC  17 July 2024

17 July 2024

Nanoco Group PLC

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

Nanoco launches New Wafer Device Facility ('Fab') at Runcorn Headquarters

·      Will significantly accelerate the product development cycle for
customers

·      Allows demonstration of the superior performance of Nanoco's
nanomaterials

·      Latest expansion keeps the company at the forefront of commercial
nanotechnology

Nanoco, a world leader in the development and manufacture of cadmium-free
quantum dots and other specific nanomaterials emanating from its technology
platform, will today launch its new Fab at its Runcorn headquarters. Liverpool
City Region Mayor Steve Rotheram will attend in celebration of the Company's
status as a globally significant science-based business located in the region.

At its Runcorn facility, Nanoco is one of a few companies in the world that
can develop nanomaterials at the volumes required for mass market consumer
electronics applications. The new Fab is a state-of-the-art wafer device
facility and represents a significant step forward in the Company's ability to
deliver high performing materials for use in infra-red sensing applications.

Nanoco will use the Fab to coat its quantum dot materials and other conductive
layers on silicon wafers and coupons. This will accelerate prototyping and
testing of new materials in-house, enabling faster innovation and market
readiness for prospective clients. Nanoco previously had to send materials to
various parts of the world for deposition and testing, and the Fab will allow
the Company to complete these processes in-house in the UK, significantly
reducing the time to provide performance feedback.

The Fab will provide clear data on the performance of materials within the
final product stack. This capability is crucial for engaging new customers by
showcasing the tangible benefits of our nanomaterials. The Fab is designed to
feed into 300mm CMOS semiconductor facilities, which are the industry standard
for high-volume semiconductor chip production.

Nanoco has been committed to the North-West of the UK since the Company's
establishment in 2001, when it spun out of the University of Manchester,
establishing research and manufacturing headquarters in the city. The Company
commissioned a scale-up facility in Runcorn in 2011 and has since expanded the
facility to become the largest tenant of the Heath business and technical
park, described by Liverpool City Region Mayor Steve Rotheram as one of the
City region's "Beacon Projects". The business employs 52 people of many
nationalities, with 28% holding PhDs or being named inventors.

Co-Founder and Chief Technology Officer of Nanoco, Nigel Pickett, said:

"Little did I know at the time I moved to the region in 2000 that the research
that I had undertaken over my academic career would lead to the establishment
of this business and its contribution to the development of nanomaterials from
scale up and then mass commercial production. I am immensely proud of our
people and the work they deliver for customers. These new testing and
analytical capabilities strengthen our position further and keep us at the
cutting edge of nanotechnology."

For photography please contact Powerscourt

Contact: Nanoco@powerscourt-group.com

Elly Williamson

Maria Zander

Pete Lambie

For further information, please contact:

 

 Nanoco Group plc:                                                                                                                                                                   44 (0)1928 761 404

 Brian Tenner, CEO

 Liam Gray, CFO & Company Secretary

 Cavendish Capital Markets Limited (Financial Adviser & Joint Corporate                                                                                                              44 (0) 20 7220 0500
 Broker):

 Ed Frisby / George Lawson (Corporate Finance)

 Tim Redfern / Charlie Combe (Corporate Broking)

 Jasper Berry (Sales)

 Turner Pope Investments (Joint Corporate Broker):                                                                                                                                   44 (0) 20 3657 0050

 Andrew
 Thacker

 James Pope

 Powerscourt (Public                                                                                                                                                                 44 (0)7970 246 725
 Relations)

 Elly Williamson

 Pete Lambie

 Nanoco@powerscourt-group.com

 

About Nanoco

Nanoco (LSE: NANO) is a nanomaterial production and licensing company,
specialising in the production of its patented cadmium free quantum dots
(CFQD®) 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 the scaling of the
production 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 spectrum, 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/)

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRALQLLFZDLFBBF