Nanoco and Kyulux sign displays agreement
British quantum dot company Nanoco and Japanese displays start-up Kyulux have signed a collaboration and joint development agreement.
Under the agreement, Nanoco's heavy metal free quantum dots (CFQD quantum dots) will be combined with Kyulux's Hyperflourescent "˜thermally activated delayed fluorescence' (TADF) technology in order to create future generation hybrid OLED / QLED display technology with superior qualities to existing products in the display market.
Nanoco's CEO Michael Edelman said:"By combining the best of quantum dot technology with the best of new generation OLED technology, we will bring world-class display technology to market.Â
"We have great confidence in our ability to deliver our current technology to the display market as planned.Â Innovation is core to Nanoco and this partnership complements our existing strategy to deliver cutting edge technology to the display market without increasing our cash burn."
Christopher Savoie, CEO of Kyulux said: "As well as enhancing brightness and color, our next generation of display devices will be both cost effective and highly energy efficient.Â This will offer a technology breakthrough, particularly in the manufacture of ultra-high definition large screen devices."
Under the terms of the agreement, Nanoco and Kyulux will jointly develop and market this future display technology.
Founded in 2015, Kyulux company currently owns or has exclusive, co-exclusive or sole license rights to a large TADF intellectual property portfolio developed over the past seven years at Kyushu University and its industrial partners.
Kyulux also enjoys a license to deep learning- based artificial intelligence technology for chemical discovery developed at Harvard University.