Member Info for SmithyB

Yeah Dimitri is pretty laid back, a sentence in the finals about m & A taking as much time as it takes satisfies 'disclosure'.

Dimitri in today's RNS:

"Applying nanomaterials to silicon sensors is an affordable and scalable way to unlock short-wave infrared capabilities, and JDAs of this kind demonstrate our leadership in this area. Through Nanoco's innovative technology, we're delighted to be opening up high-volume, cost sensitive markets and applications within consumer electronics, in addition to the automotive, industrial and defence sectors.

He's still highlighting automotive. Work on small scale defence display was mentioned in interims. Could do with a few more JDA's to get the sale away.

Last Edison by Dimitri he said end of year or longer, because M&A is like that.

One hypothesis is that the 1st Asian JDa was, like stm, focused on the apple iphone and had Sony as the chem co customer. As kooba has pointed out Samsung appear to be apple's favoured partner now. So, in this scenario do Sony keep working with QD image sensors outside the most lucrative market or do they close it down like stm did.

Emberion, Swir Vision, QDI systems are about the only 3 companies selling products with qd image sensors, all use lead.

Without ruling on the venue switch, we have a pretrial conference end of march 2027 if it stays in texas.

https://www.pacermonitor.com/public/case/57775824/Nanoco_Technologies_Ltd_v_LG_Electronics_Inc_et_al

Guess this means case discovery is open.

Nano are looking for a buyer to take their subsidiary forward, to continue it and invest in it. When i use the term financial, i'm thinking pe, quick trim and sell off ip and operations or maybe even relist in the US. A tech investor is normally strategic not financial. Not sure what your point is on industry, your term not mine. Rest just seems sarcastic and pretty meritless.

I said chem co or tech investor. Where did i say financial? A parent. The type of thing dimitri has implied to camera 3 times. They announced the 2nd asian jda 6 months after putting the company up for potential sale, this did not seem to be a barrier to jda partnership, admittedly there is nothing to preclude the chem co's in our 2 asian jda's being our interested parties.

Unless future jda partners have a rough idea of the type of parent they are interviewing and that nano is only interested in selling to someone who would provide continuity - this is in line with everything dimitri has said.

imo lack of announcement on buyer means they are not doing a deal with industry, if by industry you mean someone downstream like sony, lg, samsung or less glamorous names, outside chance of someone like tcl perhaps, where company would be speaking to politicians. Certainly not an ip aggregator.

On jda's t sort of depends who you think the interested parties might be, if chem co or a tech investor like the one supporting emberion then they provide evidence of breadth and depth in potential demand.

August 19 Tu lowered the heat, Edison note same day said new jda's would support the sale. i suspect there is a gap between prices the board wants/ interested parties will pay. Think this drags until they get new jda's.

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Because i was ignorant of the fact the nanoco group had a 2nd (unlisted) company, Nanoco 2D Materials, I read the latest jan 2025 filing on companies house for FY ended July 2024. Don't worry, they've transferred all IP to nanoco technologies but was interesting that of their 55 patents samsung bought 8 and licensed the remainder, every single patent for these 2d nano material sheets was relevant to display. Company now dormant due to potential sale of nanoco technologies.

Pretty sure I saw somewhere that he is staying on in advisory capacity after Feb 2026.

I find ai useful when you can use it like a wiki, especially with all the legal docket jargon that is beyond me (30/9 looking unlikely for scheduling conference now), much less helpful on m & a due to our own prompt biases.

Meanwhile, heading towards end of 4 weeks since tu and still no jda announcements, nano says 'some' will be outside areas they have worked in before. I can only come up with paint/coatings and quantum computing - former obviously has more potential than the latter for decent sized production levels in the near term. Then there is the 5 or so small-scale sensor targets which are taking an awful long time to land. They've flirted with emberion for a long time, would be nice to get their custom.

As for the asian jdas both had the potential for productin runs as soon as next year. If k is right and sony have lost apple it remains to be seen whether they want to compete in smaller scale swir camera markets or walk away and shut qd down like stm did. The 2nd jda is also sensors for consumer market, god knows what it could be.

PV Paint - this article assumes that Mercedes nanoparticle layer contains qds https://www.livescience.com/technology/electric-vehicles/near-unlimited-ev-range-now-a-possibility-thanks-to-surprising-new-technology-solar-paint

Your ai could be right as Mercedes have not been explicit, it could be perovskite, but its confidence doesn't appear justified.

Everyone waits for apple.

Iphone 18 pro still rumoured to have under screen facial recognition camera. Launches autumn 2026. If this is our 1st asian jda we should get next phase news before the lapse date end of october. There are conflicting rumours on dynamic island, smaller dynamic island and underscreen though. So, if sony is underscreen you could see it pushed back to the 19 pro meaning another 2 year jda.

We never really had the spike up that suggested insiders piling in, just as likely that those who bought in before the summer for a quick potential multiplier have now got anxious or bored or impatient, rather insiders selling out.

Not been 3 weeks since the TU, but yes if no JDAs announced this month they are leaving things a bit late in terms of impressing the parties they are discussing a potential sale with.

Yesterday - Nanoco's lawyers reminding the court they are quite happy to get on with things in Texas on 30/9

https://www.pacermonitor.com/public/case/57775824/Nanoco_Technologies_Ltd_v_LG_Electronics_Inc_et_al