Cadmium-free quantum dots developer Nanoco (LON: NANO) has suspended the joint development agreement with ST Microelectronics. There are also unlikely to be revenues from another sensing programme.
The joint development agreement with STMicroelectronics involved a two-year programme to optimise a second-generation sensing material. Nanoco says that it met all the development milestones.
The decision is apparently due to a strategy change and end of project terms with the customer. Nanoco will also try to remove any obstacles to use the expertise developed in other opportunities. These are like...
