| Posted: Dec 20th, 2012 | |
Nanoco Signs Further Agreement with Tokyo Electron |
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| (Nanowerk News) Nanoco Group plc, a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces that it has signed a follow-on agreement with Tokyo Electron, the major Japanese equipment supplier, for the on-going development of a nanomaterial-based solar film. | |
| This agreement, which runs until September 2014, represents the third phase of a joint development agreement (JDA) initially signed in June 2010 in which Nanoco is creating a bespoke nanomaterial-based solar ink. This solar ink is being printed using techniques developed by Tokyo Electron to produce a solar film with the ultimate objective of producing a low cost, highly efficient solar cell. | |
| Nanoco will receive milestone payments under this third phase of development work and will continue to focus on improving the performance of the film. | |
| Michael Edelman, Nanoco’s Chief Executive Officer, commented: “We are delighted to sign this follow-on agreement with Tokyo Electron after achieving all milestones to date. We have been particularly pleased with the steadily increasing efficiency of our bespoke nanomaterial-based solar ink and we will continue to work on performance improvements during the coming months. We remain confident that our nanomaterials have the potential to deliver a low cost, commercial solar cell to overcome the financial challenges faced by the solar power sector.” |
| Source: Nanoco (press release) |
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