Pathway to industrial scale

Multiple milestones delivered in FY25 and year to date indicate Noctiluca is now firmly on a transition pathway from a development-stage business to an emerging industrial materials partner. Leading the charge is the partnership with the world’s largest telecommunications OEM, which has advanced rapidly towards production-line testing, with c 85% of industrial qualification complete and a clear pathway to potential commercial shipments. The Guangdong Juhua (TCL Group) JDP is advancing through core qualification milestones and evolving towards a full-stack (EIL+ETL) implementation, while the Taiwanese PMOLED OEM offers a nearer-term validation and revenue opportunity. While risks remain, the delivery of these milestones materially improve...