Continued19 Nov 2018 20:20
independence"
M. K. Yadava IFS, Managing Director of AMTRON stated "We are very pleased that QMC and AMTRON (Assam Electronics Development Corporation Ltd) have joined together in this timely venture to create a state-of-the-art quantum dot manufacturing facility within the newly established Guwahati Tech City. AMTRON is a State-owned public sector undertaking of the government and is providing the necessary bank guarantees to move this project to completion."
The Honorable Minister IT Mr. Keshab Mahanta added "We are happy to report that all the preparatory work has been completed, and we are now ready to commence construction of the project. My Government, under the leadership of our Honorable Chief Minister Mr. Sarbananda Sonowal welcomes Quantum Materials Corp with open arms. This timely project has full government support through a number of key policy incentives and subsidies.
Dr. George Anthony Balchin, Managing Director of Amtronics CC added, “We are pleased to be involved and provide the initial US $20,000,000 in funding for this enterprise and are anxious to see these extraordinary technologies deployed in a region that will benefit from both the end product as well as the significant potential for job creation. The initial capital infusion will be used to build out the facility, purchase all the production and process equipment, including the micro reactors, train the staff and provide the initial working capital. It is very rare and rewarding to be involved with a project that is the culmination of a group of like-minded individuals striving for a common goal that has so much potential to enhance the lives of so many.”
Commenting further QMC CEO Squires stated: "As India represents one of the largest renewable energy and consumer electronics markets in the world, our partnership with Amtronics CC is an important step in expanding the value of the QMC franchise globally. This partnership will allow us to address global challenges such as rising energy costs, energy security, increasing power consumption and environmental quality on a more rapid basis.
ABOUT QUANTUM MATERIALS CORP.
Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally sound displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com
About Amtronics CC
Amtronics CC, headed by Dr. George Anthony Balchin, has decades of experience throughout t
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