Nanoco Look to Use Cadmium-Free Quantum Dots in LED Lighting

Nanoco Group plc has signed a joint development agreement with one of the world's largest lighting companies which is already a major producer of light emitting diode (LED) lights. The objective of the development agreement is to incorporate Nanoco's cadmium-free quantum dots (CFQDTM) into the lighting company's LEDs to create LED lighting with superior performance characteristics.
LED lighting has many advantages over traditional lighting - including long service life, reduced power consumption, compact size and shock resistance - but its colour performance is one factor that has limited its adoption. Nanoco's quantum dots have been shown to overcome this limitation, opening up the possibility of the widespread use of LED lighting in commercial, residential and other settings.
The 12 month agreement with the lighting company is expected to be followed either by further development work or by proceeding to product launch. The financial details of the agreement are not being disclosed.