Moving forward step by step
The longer than expected commercialisation cycle has been frustrating but we believe that Nanoco continues to make progress on a number of fronts. The first commercial shipments of its CFQDs in computer monitors are expected in calendar Q118, royalties from Dow are now increasing and the pipeline of OEMs working with Nanoco remains robust. The company’s ability to execute and customer confidence should also be enhanced by the recent fund raise and strengthened balance sheet.