Member Info for SmithyB

I'll go for CDX: ongoing.

Business dev: Working with Emberion and a few others small scale image sensors ( i suspect Imec is one of them).

Work progressing well with Asian customer (hopefully).

Something ambiguous on microled.

Exciting times ahead says Dimitry.

Nothing on licensing, China or anything that means cash in the short term. I'd like to be wrong.

Probably just really lazy 'journalism'. Could imagine a scenario where stm/nano were back on for mass market dots on chips but then we are back to one journalist stating meta/plessey had turned to QDs.

Nice to see confirmation our dots are in Emberions swir camera.

https://www.nanocotechnologies.com/colloidal-quantum-dot-swir-image-sensing/

Like clockwork. 2.5 to 3 years ain't a dwindle

Not desperate to sell so no sale unless it shows leverage of the IP value. Think there is a vid somewhere of BT saying 2027 for the asian customer to cause us a ramp up if things go well, this is mass market so mobile phone i would have thought.

It's the recruitment of 3 staff that interests me. If they are additional then there is additional demand. Like to think it's for more than just samples.

Agree - highly unlikely they've sold the company.

What i found interesting about the arstechnica article was the journo setting up the Hisense/TCl/Samsung/Hansol spat and resulting US lawsuits as Korea protecting its market share from the Chinese. 2ndly that both countries are finding the cost of QDs so high that they use more phosphor instead (journo argues samsung not innnocent either). 3rd how much of this would be resolved by industry wide standards on declaring specifics of qd content, 4th not a lead qd in sight indium v cadmium. Of course we don't know how the Chinese are manuf their qd, who they got the knowledge from etc.

Had an unrelated thought on the re-advertisement of the 2 material scientist vacancies on linkedin with one of the essential reqs emboldened - what a good way to get a list of infringers.

Https://arstechnica.com/gadgets/2025/03/overblown-quantum-dot-conspiracy-theories-make-important-points-about-qled-tvs/

Was reading a translation of the POE website. About us section ends in about 2015 with the company about to bid for production facilities. After that you have to switch to its press releases where you find a quantum dot film production line was opened end of 2019. Private co so it's very opaque. Anyway, any near term wins with decent financial returns are probably in display and china is in focus for nano - https://www.nanocotechnologies.com/the-real-mccoy-the-controbersy-over-quantum-dot-display-authenticity/

Beneath Dr Li ceo of POE commending the same post on nano conference activity is Zugang Liu a distinguished prof at Jiliang University China. Whose linkedin profile (probably mistakenly) has him as a Principal Scientist at Nanoco since 2007

https://cn.linkedin.com/in/zugangliu?trk=public_post_comment_actor-name

Chinese oems and their problems with qds are opportunity for someone, POE looks like a sales office.

I see the CEO of POE in China popped up on the socials to commend Nano's recent conference activity. Nano signed a patent license and strategic co-op agreement with them in 2023.

https://www.nanocotechnologies.com/nanoco-and-poe-sign-licensing-and-collaboration-agreement/

and here is ceo of POE, Dr Li

https://cn.linkedin.com/in/leon-li-021374aa?trk=public_post_comment_actor-name

Dr Li, was previously employed as a scientist by Nanoco.

POE website still has the Nano deal as it its latest piece of news.

Guess Jai Subramanian tracked him down.

Yeah, 1 well informed journalist who perhaps said too much, and it might not be Nano supplying the qd samples but its always fun to speculate. Plessey are expanding their fab to 300mm wafers 'soon' according to their Technology page and nano are finally hiring a device phys.

QDs would explain how the got the 'world's brightest red' https://www.electronicsweekly.com/news/business/plessey-and-neta-develop-worlds-brightest-red-microled-2025-01/#:~:text=As%20part%20of%20its%20long-term%20commercial%20agreement%2C%20Plessey,technologies%20for%20potential%20use%20in%20the%20XR%20category.

Https://www.linkedin.com/in/jai-subramanian

Jai Subramanian's linkedin profile page is a tedious read of endless superlatives about himself. Hope he is doing more in China than wandering around a conference centre for 2 days. His 1st bullet point on his responsibilities at Nano is:

Leading global commercialization efforts for Nanoco Technologies Ltd, driving growth in FPD, Sensors, PV, and lighting markets.

I thought the focus was sensors. Now we are back into solar and lighting?

Nah, I can hold 2 things in my head. Dimitri was hired for 'transformational business development' alongide the cdx process/advice. He wanted to take the business forward not just sit on his backside ands wait for a bid to come in. They were/are doing these things in parallel. If there is no buyer then they remain looking for 'external investment' his phrase.

A strategy of going it alone is not new. It was CDX plus Dimitri owning the business dev strategy, for which he was looking for results in a matter of months - all of this is in the FY presentation. From which i got the impression that he thought a sale of the business was dependant on the business having some success ie something on the order book.

Like others i think they have no buyer and potential customers rather than real ones hence all the trades shows they will be attending in March and April. The only way they could have a buyer lined up and still be recruiting, publishing and conferencing is if the buyer was going to keep the brand like shoei have done with nanosys. Nano's ideal buyer would be a chem co, perhaps an asian one, someone like Fujifilm semiconductors who nano staff 'like' a lot.

3rd vacancy Device phys. They pulled this or very similar when stm dropped qd and the ramp up wasn't going to happen. Churn, optimism or something else?

https://uk.linkedin.com/jobs/view/device-physicist-at-nanoco-technologies-ltd-4181166892?trk=public_post_feed-job-posting-content

Seller is still there. If it's milkwood holding some dodgy dispensation for delayed reporting of trades while they exit i think they still have a few mill to dump.

The share price is dropping because there has been a seller since the last week of jan dumping 150k/200k shares per day.

And putting the application on linkedin rather than linking to their own site has so far yielded 58 applications for the 2 posts so far. Don;t think they'll have any problems filling them. No sign of ramp up in the jd's just the usual sample issuing stuff.

JD looks very similar to the senior device phys they tried to recruit to and pulled after stm dropped qd