Nanoco Forms New Lighting Division to Answer Growing Demand for Cadmium-Free Quantum Dot Innovations
July 16 2015 - 8:30AM
Business Wire
Company Also Introduces Deep-Red CFQD® Quantum
Dot Film for Plant Growth Applications
To capitalize on the growing interest in cadmium-free quantum
dot (CFQD) technology within the lighting industry, Nanoco Group
plc (LSE:NANO) today announced the formation of a new division
dedicated to furthering CFQD® Quantum Dot technology in the
lighting industry. The new division is part of the company’s
business expansion strategy to accelerate commercialization and
further development in its four key target markets – electronic
display, LED lighting, biological imaging and solar power. Nanoco’s
Torsten Schanze will lead the division as its General Manager.
“We are focused on advancing the commercialization of our
technology in key markets and the formation of a distinct business
division for the lighting industry allows us to do just that. It
positions the company to both drive new innovation and deliver -
with our customers - novel lighting products,” said Michael
Edelman, CEO, Nanoco. “This is an important step in the company’s
evolution, one that demonstrates the role of CFQD® Quantum Dots as
a true platform technology and furthers our ambition to be a
leading global materials science business.”
The applications for CFQD® Quantum Dot technology are numerous
in the lighting industry and include:
- Retail and Specialty: Nanoco’s
CFQD® Quantum Dot technology is designed to provide outstanding
color performance without sacrificing efficiency. Applications
where color quality is an absolute must include high-end retail
store lighting where consumers can determine precise colors of
clothing and high-value goods, surgical lights that enable accurate
diagnosis and fluid operations, supermarkets to showcase the
freshness and quality of meat and produce, and in professional
photography and video solutions where maintaining true-to-life
color representations maximizes user experience and value.
- Agricultural Applications: LEDs
provide many benefits to the grow-light and horticultural lighting
industry because, unlike traditional lighting fixtures, they can be
customized to encourage chlorophyll absorption and promote healthy
growing, consume far less energy, and cast less heat making it
easier to control growing environments. Quantum dots expand upon
these benefits and allow for additional, precise tuning to further
enhance chlorophyll absorption peaks and ensure healthier,
higher-yielding plants.
- Architectural Applications (Home and
Office): Quantum dots open up additional potential for LED
lighting – LED’s currently lack the quality of light while
targeting the same warmth and color performance of an incandescent
bulb – quantum dot’s have the capacity to appeal to a new set of
buyers who want the efficiency, quality and economy of the LED, as
well as the “effect” of natural light. To date, the use of quantum
dots in lighting was hindered by the fact that the technology
contained cadmium, a highly-regulated and toxic heavy metal.
Nanoco’s technology, made without cadmium or any heavy metal,
offers a sustainable solution.
Nanoco has already made significant strides bringing CFQD®
Quantum Dots to market. In March, the company announced a
partnership with Marl International, a pioneer of the LED lighting
industry. Together, the two companies have introduced the world’s
first CFQD® Quantum Dot technology lighting product, a
high-efficiency LED light with outstanding colour performance that
meets a new set of technical and commercial demands without
compromising product safety.
In tandem with the new division, Nanoco also introduced Deep-Red
CFQD® Quantum Dot Film, a new product designed for use in plant
growth applications. The film can be easily incorporated into
various LED lighting formats to assist in the propagation and
vegetative stage of plant growth, as well as for supplemental
lighting in green houses to stimulate greater chlorophyll
absorption – important for crops such as basil and lettuce – by
working with nature to increase yields and quality. The first
production units of the Deep-Red CFQD® Quantum Dot Film will be
available by September 2015 and volume production will start within
Q4 2015. To arrange a meeting for product demonstration or discuss
product and sample requirements, please e-mail
Info@nanocolighting.com.
ABOUT NANOCONanoco (LSE:
NANO) is a world leader in the development and production of
cadmium-free quantum dots and other nano-materials for use in
multiple applications including lighting, LCD displays, solar cells
and bio-imaging. In the display market, it has an exclusive
manufacturing and marketing licensing agreement with The Dow
Chemical Company.
Nanoco was founded in 2001 and is headquartered in Manchester,
UK. It has production facilities in Runcorn, UK, and a US
subsidiary, Nanoco US Inc, based in Concord, MA. Nanoco also has
business development offices in Japan, Korea and Taiwan. Its
technology is protected worldwide by a large and growing patent
estate. For further information please
visit: www.nanocogroup.com.
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Nanoco Media Contact:Tier One PartnersColleen Irish,
617-842-1511cirish@tieronepr.com
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