Investors go quantum dotty as Nanoco's costs rise

Nanoco, the Manchester based firm which is trying to become an industrial producer of quantum dots, says cost rises have led to a pre-tax loss in the six months to the end of January.

Nanoco, the Manchester based firm which is trying to become an industrial producer of quantum dots, says cost rises have led to a pre-tax loss in the six months to the end of January.

Quantum dots, in case you were wondering, are tiny particles of matter which act as semiconductors. Probably their most exciting application is in energy efficient light bulbs where they could provide a lifespan of around 20 years at much lower power inputs than either conventional incandescent bulbs or the current energy saving varieties. Crucially, they light up instantly, so no stubbing your toe on the way to the bathroom in the middle of the night.

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