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Share Price Information for Nanoco (NANO)

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Share Price: 17.00
Bid: 16.80
Ask: 17.46
Change: -0.34 (-1.96%)
Spread: 0.66 (3.929%)
Open: 17.00
High: 17.02
Low: 16.90
Prev. Close: 17.34
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Nanoco Says Successfully Launched First Lighting Products With Marl

Fri, 27th Nov 2015 08:13

LONDON (Alliance News) - Nanoco Group PLC Friday said it had successfully launched its first lighting products using its cadmium-free quantum dots at the LuxLive industry trade show in London.

The company, along with its partner Marl International Ltd, launched four products including light-emitting ceiling tiles, strip lights, down lighters and grow lights, all of which use its CFQD Quantum Dot film.

Quantum dots are nanocrystals made of semiconductor materials, which can be used in solar cells, LEDs and diode lasers. Nanoco's quantum dots do not contain cadmium, a heavy metal that is currently restricted under European environmental law.

"We were delighted by the level of interest at LuxLive in the use of our cadmium-free quantum dot technology in lighting applications. We were also excited by the interest in the range of products that we have created alongside our partner Marl International," said Chief Executive Officer Michael Edelman in a statement.

Shares in Nanoco were up 3.8% at 52.15 pence Friday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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