Nanoco Acquires Quantum Dot Patents from Kodak
12/15/2016 8:13 AM
Nanoco Group plc, a developer and manufacturer of cadmium-free quantum dots and other nanomaterials, recently announced the acquisition of a group of patents from the Eastman Kodak Company in connection with the use of quantum dots in electroluminescent displays.
According to Nanoco, this patent acquisition reinforces its intellectual property position in quantum dot electroluminescent displays (QLEDs), a technology with which the company hopes that quantum dots can be used to replace the current materials in organic light-emitting diode (OLED) displays.
Michael Edelman, Nanoco’s Chief Executive Officer, said: “This patent purchase from Kodak broadens our intellectual property estate and commercial position in future display technologies. The vast majority of current displays are based on LCD technology and we expect LCDs to dominate display sales in the near and medium term. In the longer term, QLED displays could challenge current OLED displays and we aim to have a strong competitive position in this space in preparation for any market change. Our current focus remains driving near term revenue from the supply to the LCD industry of the Company’s cadmium-free quantum dots manufactured and marketed by Nanoco and our licensees, Dow, Merck and Wah Hong.”
The commercial terms of the patent acquisition are undisclosed.