Nanoco inks joint development agreement with Osram

Quantum dots open up new potential for LED lighting – which currently lacks the same warmth and color performance of an incandescent bulb – and have the capacity to appeal to a new set of buyers who want the efficiency and economy of the LED, as well as the “effect” of natural light. To date, the use of quantum dots in lighting was hindered by the fact that the technology contained cadmium, a highly-regulated and toxic heavy metal. Nanoco’s technology, made without cadmium or any heavy metal, offers a sustainable solution. “We’re delighted to sign this latest joint development agreement with Osram and believe in the great potential of our quantum dot technology in general lighting,” said Michael Edelman, CEO, Nanoco. “Since singing our initial development agreement with Osram, we’ve made technical progress towards the development of an LED incorporating cadmium-free quantum dots and offering substantially improved color performance.”