By Powerscourt on 03/04/2024

NANOCO APPOINTS POWERSCOURT AS FINANCIAL AND CORPORATE PR ADVISER

Powerscourt has won a competitive process to advise Nanoco Group plc (“Nanoco”), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, on its financial and corporate communications.

Over the past five years, Nanoco has transformed itself from an R&D first mover into a fully funded nano-material production and licensing company, working with major OEMs in the global electronics supply chain such as STMicroelectronics.  Thanks to this and the $150m settlement with Samsung last year on a no-fault basis for the alleged infringement of its IP, it is in the strongest commercial and financial position in its history, with exciting organic growth prospects.

It is now entering a new phase of its development as a Company, having fulfilled its first two production orders and having a diverse portfolio of nano-material development projects underway with some of the world’s most respected supply chain companies. Also, the Group’s key patents were recently validated by the US Patent Trial and Appeal Board, positioning the Group well for further IP licencing efforts.

The Powerscourt team will be led by Elly Williamson, Managing Director and Head of TMT, with support from Ollie Simmonds, Associate and Maria Zander, Analyst.

Elly Williamson, Managing Director and Head of TMT at Powerscourt, commented:

“It’s a privilege to be working with Brian, Liam and the team at Nanoco as they enter this next phase of the Company’s development. Nanoco is fantastically well positioned, with fully validated core IP,  proven commercial relationships and an enviable balance sheet. We look forward to helping the company’s light shine even brighter by supporting Brian and Liam to tell its story consistently and well.”