Nanoco Group Signs Second Pact With Tokyo Electron
October 03 2011 - 4:03AM
Dow Jones News
Nanoco Group PLC (NANO.LN), a developer and manufacturer of
cadmium-free quantum dots and other nanomaterials, said Monday it
has signed a further agreement with Tokyo Electron Ltd. (8035.TO),
a Japanese equipment supplier, following the successful completion
of the initial phase of development of a nanomaterial-based solar
film.
MAIN FACTS:
-Second phase is expected to take 12 months and will focus on
further improving the performance of the solar film.
-Under the terms of the agreement, Nanoco will receive milestone
payments.
-Nanoco shares in London at 0730 GMT unchanged at 50 pence
valuing the company at GBP102.69 million.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296;
ian.walker@dowjones.com
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