Business
Nanoco and Kyulux Inc. Sign Agreement
Nanoco and Kyulux Inc. Sign Agreement.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n \nRNS Number : 7329F Nanoco Group PLC 22 May 2017 \n\n \n Nanoco and Kyulux Inc. Sign Agreement to Develop Next Generation Displays\n \nThe creation of Cadmium-Free Quantum Dot Hybrid QLED - OLED Technology Offers the Potential of Vastly Superior Displays\nMANCHESTER, UK & CONCORD, Mass. USA, 22 May 2017 - Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, and Kyulux Inc., a world leader in developing and delivering the next generation of organic light emitting diode (OLED) technology today announced the signing of a collaboration and joint development agreement.\nUnder the agreement, Nanoco's heavy metal free quantum dots (CFQD quantum dots) will be combined with Kyulux's Hyperflourescent 'thermally activated delayed fluorescence' (\"TADF\") technology to create future generation hybrid OLED / QLED display technology with superior qualities to existing products in the display market.\nIn addition to offering a high degree of brightness and pure color, the combination of technologies means the displays will be cost effective for manufacturers and highly energy efficient for consumers.\n\"We are excited by the potential of this partnership, which brings together two global leaders in their fields,\" said Nanoco's Chief Executive Officer Michael Edelman. \"By combining the best of quantum dot technology with the best of new generation OLED technology, we will bring world-class display technology to market. We have great confidence in our ability to deliver our current technology to the display market as planned. Innovation is core to Nanoco and this partnership complements our existing strategy to deliver cutting edge technology to the display market without increasing our cash burn.\" \n \n\"Kyulux is delighted to collaborate w...