In May Nanoco announced it had taken actions to extend the cash runway from July this year to calendar year Q221. Since then it has signed a five-year framework agreement with STMicroelectronics covering multiple infrared sensing applications, won a development contract for a new technology application in the display sector and secured third-party funding for its patent infringement lawsuit against Samsung. Having achieved these key goals, the company has now raised £3.4m to extend the
16 Jul 2020
Nanoco Group - Fundraising extends cash runway further
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Nanoco Group - Fundraising extends cash runway further
Nanoco Group PLC (NANO:LON) | 19.6 -0.1 (-2.4%) | Mkt Cap: 38.5m
- Published:
16 Jul 2020 -
Author:
Anne Margaret Crow -
Pages:
2
In May Nanoco announced it had taken actions to extend the cash runway from July this year to calendar year Q221. Since then it has signed a five-year framework agreement with STMicroelectronics covering multiple infrared sensing applications, won a development contract for a new technology application in the display sector and secured third-party funding for its patent infringement lawsuit against Samsung. Having achieved these key goals, the company has now raised £3.4m to extend the