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Posted On: 01/29/2019 8:31:15 PM
Post# of 22463
Squires also posted a concept image of the building on Linkedin -
"The New Quantum Dot Facility to be built in Assam. Construction is now underway. "
https://www.linkedin.com/feed/update/urn:li:a...282828288/
Looks beautiful to me!
Squires responded to a comment and said that the building is 120,000 sqft.
In the shareholder update he talked about how funding increased from $24M to $82M so it is not surprising the facility is so large -
"Both QMC principles and those of our licensees worked through the holidays in order to complete a proposal for the expansion of the Assam Tech City quantum dot operation that would increase the investment from the Indian government from $4M to a total of $12M and increase the investment from the licensees from $20M to $70M. This additional investment is targeted to expand the Assam operations to support larger commercial production volumes of the proposed QD-solar cell line and to add QD-LED production targeting both displays and general lighting (SSL) applications."
"The New Quantum Dot Facility to be built in Assam. Construction is now underway. "
https://www.linkedin.com/feed/update/urn:li:a...282828288/
Looks beautiful to me!
Squires responded to a comment and said that the building is 120,000 sqft.
In the shareholder update he talked about how funding increased from $24M to $82M so it is not surprising the facility is so large -
"Both QMC principles and those of our licensees worked through the holidays in order to complete a proposal for the expansion of the Assam Tech City quantum dot operation that would increase the investment from the Indian government from $4M to a total of $12M and increase the investment from the licensees from $20M to $70M. This additional investment is targeted to expand the Assam operations to support larger commercial production volumes of the proposed QD-solar cell line and to add QD-LED production targeting both displays and general lighting (SSL) applications."
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