Financial

Nanosys in talks to go public via a SPAC merger, gain a $1 billion valuation

Quantum Dots developer Nanosys is reportedly in talks to go public via a merger with a SPAC company called GigInternational1. If the deal goes through, Nanosys will gain a valuation of around $1 billion USD.

Nanosys has several lines of QD products, including one that is heavy metal free. The company says it has the world's largest quantum dots production capacity, it lists major display makers as customers and it has shipped materials to over 35 million devices to date.

Read the full story Posted: Jul 29,2021

Omdia: sales of QD-LCD TVs will decline 3.1% in 2022

Market research firm Omdia says that the sale of QD-enhanced LCD TVs will decline in 2022 to $17.67 billion, down 3.1% from the revenues in 2021. This is the first time since 2017 when the first such TVs were introduced, that the market will decline.

QD-LCD TV revenue estimates (2019-2022F, Omdia)

Shipments of QD-LCDs will actually increase this year, but revenues will decline because more of these TVs will be lower in price. 52% of such TVs will cost less than $1,000 this year, up from only 36.5% of the TVs in 2021.

Read the full story Posted: Feb 06,2022

Quantum Materials Corp announces a $15 million investment to accelerate its QD healthcare development project

US-based Tetrapod Quantum Dots developer Quantum Materials Corp (QMC) announced that is has received a $15 million investment from Pasaca Capital.

Quantum Materials red quantum dots PL photo

QMC develops QDs for several markets, including the display industry, but it is currently focused on the medical market. The company developed the use of quantum dots to verify covid-10 sample origins and track samples through the testing process. The company brands is medical solutions under the QMC HealthID brand, and the Pasaca Capital investment will support an expansion of the medical market.

Read the full story Posted: Feb 09,2021