InfraRed sensors are going to be used for semi autonomous and autonomous vehicles, all car manufacturers are now entering both the electric market and getting serious about self driving. If you are interested in this you should also check out SEE who have been in industrial driver monitoring for years and have over the last few years moved into the automotive sector.
The way vehicles work and are owned is changing (going to change) more than at anytime since we put engines in them.
Very good news indeed. Cashflow positive. New US listed company is for IR sensors for automotive applications etc. Now commercial in three areas: cfqd for displays, lighting (esp. agricultural), and nano materials (IR sensors).
I think the short term product roadmap is quite well known for Nanoco i network albeit subject to change. I'm sure there are lots of unannounced things. There are statements from the company that would lead us believe there are unspeficied products already out there using NANO's dots.
A major factor in rolling out new tech, is any perceived risk of liability by the OEM 's insurers who might have to cover any call back claims or other potential harm. They can and do demand, to provide their cover, that any new product has minimal new tech that has not already been well tested over time in the"real world" market place. As new tech is the significant unique selling point that distinguishes itself for the end customer to choose it, this is an ongoing dilemma for the OEM. Limited company OEMs must do as their insurers demand, as part of their due diligence.
The solution is to initially launch new tech in a limited specialist market, in an existing product that is already well market tested, except for the new tech element, to establish some testing history in the new world.
A well known, albeit dated example of this, was Sony's Betamax, where it established itself with its broadcast customers, who still occasionally use it, while Philips established its VHS with Sony's competitors, who were fearful that Sony would deprive them of this market, and used more existing audio based tech.
Fortunately NANO's tech is actually less sophisticated, more basic, and has more potential applications than video tape, and probably more longevity.
Fortunately for NANO, the cadmium aspect of the current tech may help convince the insurers that this new tech may actually lower their risk. However, it is likely, in this risk adverse culture, to still require a limited market trail, as this is still, albeit probably much safer, is unknown, whereas the old tech, albeit has known dangers, IS known.
The insurance industry makes its profits by making their customers bet against themselves; i.e. profiting from doubt, fear and mistrust, of not only their own products, but of their end customers, and the banks, government regulations, and consumer rights groups dictate this must be done this way.
The first product therefore will most likely be very boring, but will require some guaranteed, albeit small market to assure the OEM and NANO it can get a proper test in the "real world" market.
The way the insurance companies can make their best profits is to simultaneously highlight risks and exploit the resultant fear while actually eliminating as much product differentiation to actually eliminate actual risk. However without some innovation, there would be little perceived risk to justify their premiums.
Although society often is critical of government regsulations, especially used as an argument by the pro-Brexit community, I think there is good evidence, albeit not disclosed, that the real culprits are the bastion of capitalism and the City, the insurance industry. Once true Brexit happens, and financial services wanting unrestricted access to the EU, they are likely to relocate much of The City activity to Frankfurt, Paris etc., and may perceive that the UK itself is a financial risk to take account of.
Nikita Krushchev, in his speech at the UN (where/when he beat his shoe on the podium) said of the Capitalist world, "we shall end up burying you, and (and this bit is often left out of the quote) you will sell us the shovel for doing this."
My capitalist contribution is that I bought 1000 shares of NANO yesterday.
As for hazarding a guess to what new product line NANO are looking to supply to, I'm sticking with 3D Glasses free 8K TV in some way or another.
I mentioned a few days ago, StreamTV Networks, BOE to produce screens and a further look at Stream shows links to SeeCubic BV and their glasses free 3D launched under the trade name of 'Ultra D', although there is no direct link to NANO, I can't see NANO standing on the sidelines.
Stream make the claim, ' 4K TVs and PC monitors are obsolete now that 8K panels have arrived,', If that is the case, NANO needs to be involved in some way or another to keep up with the changing demands of their customers for monitor screens etcs.
Takeovers typically happen when companies of a similar type want to grow and are cash rich or are on good terms with the banks, i.e. they have proven cash flow/profits and can raise the capital. Nanoco's competitors are pretty much as cash strapped as we are and are in no position to make an offer. As for Apple or some other major it is highly unlikely as Nanoco would just be supplying one component of one line of products. Be a bit like BMW buying up the company that supplies them with wing mirrors. They may buy a stake in the company just so they can have a say in the companies future,
Anyone hazard a guess at what new line of product Nanoco are looking to supply to. Anti forgery was my thinking but it's anyones guess.
Nanoco's management have steered us through a minefield of pitfalls in a highly competent manner, to the point where serious long term rewards are within the company's grasp.
The thought of giving these away for £1.50 is very depressing -- I would much prefer they leveraged their position to the point where they were thinking of taking out one of their rivals, or a company up or down the supply chain rather than selling out for a quick and trivial profit. But then I have my old age to think of!
NANO are involved in 8k ybhere. Not necessarily on the chain you have highlighted.
AUO is the only company ready to mass produce 8k panels. Samsung and Sony showed 8k sets at CES. A couple of far eastern industry Websites reported that both TVs used the AUO 8k panel with Nanoco dots. Samsung are planning to launch theirs in Q3 this year.
I don't have the URLs I'm afraid. They are somewhere lost in the history on LSE.
Sony's TV made quite an impression on the guy from Forbes...
A possible connection, but pure guesswork, the development of 8K TV, the next generation of TV screens. Are NANO involved in the next generation 8K TV?
An Investment Company, Primorus, invested in Stream TV Networks on the 12th January.
Primorus Investments plc (AIM: PRIM, NEX: PRIM) is pleased to report that Stream TV Networks ("Stream TV") have entered into a partnership to develop 8K screens with a large Chinese screen manufacturer, BOE Technology ("BOE"). In 2017 Primorus invested US$200,000 in Stream TV on a fully-diluted valuation of US$336m.
Stream TV and BOE have announced their joint cooperation to combine the high-resolution panels of BOE with Stream TV's Glasses-Free 3D technology. With panel sizes ranging from mobile phones to PC monitors to large screen televisions, the project will enable development of devices across the entire consumer electronics industry.
"4K TVs and PC monitors are obsolete now that 8K panels have arrived," said Mathu Rajan, CEO of Stream TV.
As I said, 8K TV may have nothing to do with the rise in SP of NANO, but, either way, I've taken a small punt on NANO.
No one doubts the brilliance of this company's boffins. The thing is boffins seldom make great inspirational company leaders and the admin tends to bore them. They'd be able to focus on inventing as part of a bigger company structure. My hunch is something is going on behind the scenes here.
With a current market cap of under £76mill it would be little more than petty cash - but any moot would send the share price soaring. Remember this has been £1.90 several years ago albeit when there were about 25 percent less shares around. Presumably the real diamond for a major would be the patents. I would accept £1.50 right now if anyone is interested.
I can't believe this dramatic resurgence in the share price is simply based on the announcement. I've long believed one of the majors would sooner or later take this company over rather than have it as a supplier and potentially supplying to rivals.
Helpful... will add to the upward pressure on the NANO share price as business expands, as I am sure it will do when the new "standard" of 4K TVs with nano-dot colour, streaming and gaming capabilities start shipping this year.
I agree, it's nice to see faith being rewarded here. Sadly I'm all spent having topped up elsewhere on Friday morning, but hoping to see good upticks in the next 12 months here as the market for dots grows
I've suffered pretty long here - granted not nearly as long or hard as many, I expect - and my 35p avarage looked a long way away for a long time.. I was thinking how silly I was to buy a medium - for me - sized tranche of these.. and I'm now kicking myself I ddin't add in early 30's recently, when I realised this latest RNS is likely a real wake up moment.. funny old world ... I don't know whether to add or not at 40p now and so don't for now.. but i ain't selling any either ...
Well done to all who bore with this.. hopefully you'll be well rewarded from here on forward..
They weren't marked as late trades on III L2. I accept they could have been buys or sells - but the one at 0.31p a share looks to be a significant mistake in converting pence to pounds, and more likely to be a sell as buys normally go through close to recent ASK and actual sell prices. A sell may be accepted at any price below the present Bid value - with the MM set to make money on the re-sale.
I agree this is nothing for us to worry about, and tomorrow should see NANO strengthen a bit more as the news spreads.
It would be great to get some good news on the TV screen side soon though...
197,509 sold at 0.31709p (100th of expectation) post two sells of 243,575 shares at 31.07226p and 129,850 shares at 32.2892p; all very late after a 34p U (uncrossed trade) to mark the end of the trading day.
Someone on Twitter recons the US company could be Apple, but surely they would want to buy screens rather than raw material - unless they plan to manufacture their own screens in future... Apple would be great of course, but there must be many candidates and there is clearly secrecy over the application and buyer at present, ahead of the planned 2019 release of whatever the devices/products are...
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