Results Centre
Following the hiring of Dmitry Shashkov as the new CEO in October 2024, the group established a global commercial organisation and hired Jai Subramanian as Global Business Director to lead this work. In the span of a few months, our commercial pipeline had grown across several market segments.
A new strategy for Nanoco was developed in a rapid but rigorous process involving primary and secondary market research. As a result, we defined the total available market for quantum dots (“QDs”) around eight market segments. Within these segments, we reconfirmed that Image Sensors remains the core market for Nanoco. Outside of Image Sensors, we continue some work in Display, and also initiated small scale exploratory work and selective customer engagements in Photovoltaics, Paints and Pigments, and Agricultural areas.
Operational Highlights
Signed three-year extension to existing JDA with Asian Chemical customer through to scale up of quantum dot materials for consumer electronics
Signed one-year JDA with second Asian Chemical customer
Major investment in and fit out of device and analytical facility
Recertified ISO 9001 and ISO14001 certifications