Business
Commercial Supply and License Agreement
Commercial Supply and License Agreement.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n \nRNS Number : 2172Y Nanoco Group PLC 04 December 2017 \n\nNANOCO GROUP PLC\n(\"Nanoco\" or the \"Company\")\n \nCommercial Supply and License Agreement with the Sports Turf Research Institute\n \nNanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, today announces that it has signed a Commercial Supply and License Agreement with STRI Group, the world's leading consultancy for design, research and management of natural and synthetic sports turf surfaces.\n \nNanoco will supply its high performance CFQDs to STRI, which is developing CFQD enabled lighting systems to enhance seed germination and speed up the growth of turf for sporting venues and stadia fields. Specific financial details have not been disclosed.\nEstablished in 1929, STRI has recently developed new research facilities in Australia and Qatar and launched design and consultancy hubs in Asia-Pacific, the Middle East and across Europe. Its wide-ranging consultancy services have been used at FIFA World Cup tournaments, the Olympic Games, Wimbledon Championships and The Open Golf Championships.\nThis latest agreement continues Nanoco's growth in its speciality lighting business where it is already developing products with partners for the horticulture and photodynamic therapy industries. Nanoco was named as a CES 2017 Innovation Awards Honoree for its work in sustainable plant growth in November 2016.\n \n \nFor further information, please contact:\n \nMHP Communications Tel: +44 (0) 20 3128 8570 \nReg Hoare / Andrew Leach / Giles Robinson / Pete Lambie\[email protected] \n \n \nNotes for editors:\n \nAbout Nanoco Group plc\nNanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including...