Nanoco Group plc (LSE:NANO) has secured funding from Innovate UK to support the development of a semiconductor quantum dot ink for use in image sensors. The project, which will receive 70% of its funding through the grant, aims to streamline the production process by enabling single-step deposition of lead sulphide nanomaterials.
This technological advancement is expected to reduce manufacturing costs, improve processing efficiency, and accelerate the adoption of quantum dot-based sensors — potentially boosting Nanoco’s future revenue streams.
Despite ongoing financial pressures, including a net loss and negative equity, the company continues to demonstrate strong revenue growth and solid cash flow management. Technical indicators remain bearish, and valuation metrics reflect a negative P/E ratio. However, management views innovation and restructuring efforts as key drivers for long-term recovery and market expansion.
About Nanoco Group plc:
Nanoco Group is a pioneer in developing and producing cadmium-free quantum dots and advanced nanomaterials. Its core focus is on providing cutting-edge semiconductor solutions, with a particular emphasis on quantum dot technology for imaging and display applications.
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