On displays "QMC has just completed the stabil
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Posted On: 01/27/2020 9:55:40 AM
On displays
"QMC has just completed the stability testing of this product and anticipate introducing it to the market during 2020. In parallel to this effort we remain active in our effort to license our display technologies to one or more significant display industry companies."
demand for environmentally friendly quantum dots is exponentially higher than 12 months ago as evidenced by this headline: "Samsung to invest $11bn in cutting-edge quantum dot displays" - Nikkei Asian Review Moving into 2020. QMC is well positioned to take advantage of this new mass adoption of quantum dot displays and is hard at work to validate its next generation technology to the display screen marketplace.
On solar
Solar demand and opportunities continue to grow. Though the Assam India solar project, our licensee had delays due to weather and is now moving forward and back on track and projections for our licensees’ quantum dot production have increased which is welcome news. We have also identified additional regions in India and the Middle East who desire to license our technologies in the same way. We are working to upgrade micro reactor equipment to be more secure, handle greater demand and work more efficiently and with less maintenance.
On India
Our Assam licensees have assured us that they are working diligently to make up for time lost due to the recent historical flooding that the Assam region experienced. We have been informed that the site work is nearing completion and that some construction is being conducted offsite as prefabricated components. Our licensee has already made significant payments and additional payments are due to us once the reactors are setup and tested. This will allow us to recognize revenue once these benchmarks are met. We will also be delivering pre and post processing equipment this year.
On new funding
January '20 letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies, LLC.
On Blockchain
Another major development is the QDX platform and our integration of quantum dot production and DLT/blockchain. It has become clear that quantum dots have the potential to be used in many applications as markers to identify physical items in specific locations in time and space. Up until now there was no way to identify the dots uniquely or serialize the dots. The QDX platform for the first time in history bonds the physical and the digital in a tamper proof highly secure digital environment. For the first time dots will be “branded", registered and serialized as they are produced and associated with a cryptographic hash identifier in the blockchain.
In another industry first QDX Ledger incorporating the latest distributed ledger protocols including Hyperledger Sawtooth and DAML. We will be sharing more details as the development nears completion in the third quarter. In the meantime, we are seeking proof of concepts with a number of significant companies that see the benefits of being early adopters of industry use cases. This technology opens up a myriad of business use cases and opportunities to fight the global $1.2 trillion counterfeit and product liability problem we are all affected by. We are well positioned to be the first quantum dot enabled revenue producing use case in the global track and trace marketplace.
"QMC has just completed the stability testing of this product and anticipate introducing it to the market during 2020. In parallel to this effort we remain active in our effort to license our display technologies to one or more significant display industry companies."
demand for environmentally friendly quantum dots is exponentially higher than 12 months ago as evidenced by this headline: "Samsung to invest $11bn in cutting-edge quantum dot displays" - Nikkei Asian Review Moving into 2020. QMC is well positioned to take advantage of this new mass adoption of quantum dot displays and is hard at work to validate its next generation technology to the display screen marketplace.
On solar
Solar demand and opportunities continue to grow. Though the Assam India solar project, our licensee had delays due to weather and is now moving forward and back on track and projections for our licensees’ quantum dot production have increased which is welcome news. We have also identified additional regions in India and the Middle East who desire to license our technologies in the same way. We are working to upgrade micro reactor equipment to be more secure, handle greater demand and work more efficiently and with less maintenance.
On India
Our Assam licensees have assured us that they are working diligently to make up for time lost due to the recent historical flooding that the Assam region experienced. We have been informed that the site work is nearing completion and that some construction is being conducted offsite as prefabricated components. Our licensee has already made significant payments and additional payments are due to us once the reactors are setup and tested. This will allow us to recognize revenue once these benchmarks are met. We will also be delivering pre and post processing equipment this year.
On new funding
January '20 letter of intent signed for $2M equity investment and Joint Venture to form Quantum Materials Vertical Technologies, LLC.
On Blockchain
Another major development is the QDX platform and our integration of quantum dot production and DLT/blockchain. It has become clear that quantum dots have the potential to be used in many applications as markers to identify physical items in specific locations in time and space. Up until now there was no way to identify the dots uniquely or serialize the dots. The QDX platform for the first time in history bonds the physical and the digital in a tamper proof highly secure digital environment. For the first time dots will be “branded", registered and serialized as they are produced and associated with a cryptographic hash identifier in the blockchain.
In another industry first QDX Ledger incorporating the latest distributed ledger protocols including Hyperledger Sawtooth and DAML. We will be sharing more details as the development nears completion in the third quarter. In the meantime, we are seeking proof of concepts with a number of significant companies that see the benefits of being early adopters of industry use cases. This technology opens up a myriad of business use cases and opportunities to fight the global $1.2 trillion counterfeit and product liability problem we are all affected by. We are well positioned to be the first quantum dot enabled revenue producing use case in the global track and trace marketplace.
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