April 23, 2018 / 6:33 AM / 3 months ago

BRIEF-Nanoco Signs Agreement With Its Undisclosed U.S. Listed Partner

April 23 (Reuters) - Nanoco Group PLC:

* NANOCO - HAS SIGNED A SECOND AGREEMENT WITH ITS UNDISCLOSED US LISTED PARTNER FURTHER TO MATERIAL DEVELOPMENT AND SUPPLY AGREEMENT BETWEEN TWO COMPANIES

* TERMS OF NEW AGREEMENT INCLUDE ADDITIONAL SUCCESS BASED MILESTONE PAYMENTS AND DEVELOPMENT-BASED FUNDING

* NANOCO - UNDER AGREEMENT, CO WILL DEVELOP NEXT GENERATION NANO-MATERIALS FOR APPLICATIONS IN FUTURE TECHNOLOGIES INCLUDING ADVANCED ELECTRONIC DEVICES

* NANOCO - PARTNER IS FUNDING CAPITAL EXPENDITURE REQUIRED TO EXPAND MANUFACTURING CAPABILITIES OF CO’S RUNCORN FACILITY IN ORDER TO SUPPLY PARTNER Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below