Nanoco Group (NANO)

Sector:

IT Hardware

Index:

FTSE Fledgling

12.65p
   
  • Change Today:
    -0.20p
  • 52 Week High: 15.17p
  • 52 Week Low: 6.97p
  • Currency: UK Pounds
  • Shares Issued: 194.61m
  • Volume: 99,939
  • Market Cap: £24.62m
  • Beta: 0.02

Nanoco signs big manufacturing deal with US partner

By Josh White

Date: Thursday 08 Feb 2018

LONDON (ShareCast) - (ShareCast News) - Cadmium-free quantum dots and nanomaterials developer and manufacturer Nanoco Group announced on Thursday that it has signed a material development and supply agreement with a large, undisclosed US listed corporation.
The London-listed firm said that under the agreement, Nanoco would scale-up and mass produce novel nanoparticles for advanced electronic devices, and supply them from its production facility in Runcorn.

In preparation for the quantity of materials needed, the partner would fund the capital expenditure required to expand Nanoco's Runcorn facility.

The commercial terms of the agreement included payments for success based milestones, and commercial supply of materials, both of which would strengthen Nanoco's balance sheet, its board explained.

Based on the current timelines, commercial supply was anticipated to begin early 2019.

"This transaction not only exemplifies the potential of our technology, but also the recognition that Nanoco can continue to pursue broad partnerships in diverse markets," said chief executive Michael Edelman.

"Our deep expertise in the development and mass production of highly differentiated nanoparticles has enabled us to create partnerships, and future revenue streams, with partners around the globe.

"We are very pleased to announce today's agreement, and we look forward to updating you on our progress."

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Nanoco Group Market Data

Currency UK Pounds
Share Price 12.65p
Change Today -0.20p
% Change -1.56 %
52 Week High 15.17p
52 Week Low 6.97p
Volume 99,939
Shares Issued 194.61m
Market Cap £24.62m
Beta 0.02

Nanoco Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.22% below the market average67.22% below the market average67.22% below the market average67.22% below the market average67.22% below the market average
56.52% below the sector average56.52% below the sector average56.52% below the sector average56.52% below the sector average56.52% below the sector average
Price Trend
10.31% above the market average10.31% above the market average10.31% above the market average10.31% above the market average10.31% above the market average
39.13% above the sector average39.13% above the sector average39.13% above the sector average39.13% above the sector average39.13% above the sector average
Income Not Available
Growth
10.94% below the market average10.94% below the market average10.94% below the market average10.94% below the market average10.94% below the market average
Sector averageSector averageSector averageSector averageSector average

Nanoco Group Dividends

No dividends found

Trades for 29-Aug-2025

Time Volume / Share Price
16:06 18,850 @ 12.50p
16:06 1,150 @ 12.55p
15:57 1,387 @ 12.55p
15:37 124 @ 12.55p
15:35 1,485 @ 12.80p

Nanoco Group Key Personnel

CFO Liam Gray
CEO Dmitry Shashkov

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