Nanoco Group PLC 2020 AR2
The report highlights Nanoco Group plc's performance and strategic developments for the fiscal year 2020. During a challenging year, the company restructured its business to focus on sensing and display applications, successfully reducing monthly cash costs by 50% and extending its cash runway to December 2022. Key achievements included signing a new five-year collaboration agreement with ST Microelectronics for infra-red sensing and initiating litigation against Samsung for patent infringement, which is fully funded by a third party. Additionally, the company completed an over-subscribed equity fundraise of #3.4 million to secure its organic operations.
Company: Nanoco Group PLC
Sector: Information Information Technology
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 121
Nanoco Group PLC
Annual Report And Accounts
The report highlights Nanoco Group plc's performance and strategic developments for the fiscal year 2020. During a challenging year, the company restructured its business to focus on sensing and display applications, successfully reducing monthly cash costs by 50% and extending its cash runway to December 2022. Key achievements included signing a new five-year collaboration agreement with ST Microelectronics for infra-red sensing and initiating litigation against Samsung for patent infringement, which is fully funded by a third party. Additionally, the company completed an over-subscribed equity fundraise of #3.4 million to secure its organic operations.
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Document Details
Report Year
2020
Reporting Period
Aug 1, 2019 - Jul 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Scope 3:
Total Waste
Women on Board
Women in Management
Employees