Nanoco Group (NANO)

Sector:

IT Hardware

Index:

FTSE Fledgling

11.54p
   
  • Change Today:
      0.020p
  • 52 Week High: 23.40p
  • 52 Week Low: 9.00p
  • Currency: UK Pounds
  • Shares Issued: 194.61m
  • Volume: 124,420
  • Market Cap: £22.46m
  • Beta: 0.71

Nanoco and Plessey team up on project to shrink microLED pixels

By Josh White

Date: Friday 04 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Nanoco Technologies, along with Plessey Semiconductors, announced a partnership to shrink the pixel size of monolithic microLED displays using Nanoco's cadmium free quantum dot (CFQD) semiconductor nanoparticle technology on Friday.
The London-listed firm said that, using its existing monolithic process, Plessey would integrate the Nanoco CFQD quantum dots into selected regions of blue LED wafers, to add red and green light.

It said that would shrink the smallest practical pixel size from today's 30µm to 4µm - a reduction of 87%.

The process would enable the production of smaller, higher-resolution microLED displays in applications such as augmented reality and virtual reality devices, watches, and mobile devices, while enhancing both colour rendition and energy efficiency.

For pixels of 30µm or greater, colour conversion was currently performed by adding phosphors to the blue die.

However, since the smallest phosphor particle is around 30µm, the efficiency of colour conversion deteriorated as the pixel size shrank.

Nanoco's CFQD quantum dot technology would overcome that limitation, while facilitating efficient, compact device packaging, the companies explained.

"Quantum dots offer the best solution for today's emerging display requirements," said Plessey president of corporate and business development Mike Lee.

"The nano-sized emitters with narrow band emission make them a suitable solution for Plessey's microLED display roadmap, which will see pixels being driven down to 4µm in size by 2019.

Dr Brian Gally, Nanoco's head of product, added that his company was "thrilled" to be working in close collaboration with Plessey, which he said led the global field in the development and production of microLED arrays.

"The combination of Plessey's blue microLEDs with Nanoco's red and green cadmium free quantum dots gives display customers the performance they require to rapidly commercialise products," Dr Gally said.

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Nanoco Group Market Data

Currency UK Pounds
Share Price 11.54p
Change Today 0.020p
% Change 0.17 %
52 Week High 23.40p
52 Week Low 9.00p
Volume 124,420
Shares Issued 194.61m
Market Cap £22.46m
Beta 0.71

Nanoco Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.48% below the market average66.48% below the market average66.48% below the market average66.48% below the market average66.48% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
77.59% below the market average77.59% below the market average77.59% below the market average77.59% below the market average77.59% below the market average
68% below the sector average68% below the sector average68% below the sector average68% below the sector average68% below the sector average
Income Not Available
Growth
19.15% below the market average19.15% below the market average19.15% below the market average19.15% below the market average19.15% below the market average
36.36% below the sector average36.36% below the sector average36.36% below the sector average36.36% below the sector average36.36% below the sector average

Nanoco Group Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:06 1,294 @ 11.57p
14:26 647 @ 11.57p
14:19 2,111 @ 11.57p
13:29 75 @ 11.58p
13:29 46,729 @ 11.51p

Nanoco Group Key Personnel

CEO Brian Tenner
CFO Liam Gray
CEO Dmitry Shashkov

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