Construction and electronics business Amtronics India has announced that the Tech City facility in Assam is likely to begin producing quantum dots in Q1 2020, ahead of the completion of the entire facility. The Assam facility for large-scale, low-cost quantum dot production will also develop thin-film quantum dot solar cells, solid-state LED lighting and displays.
Amtronics will use US firm Quantum Materials Corp’s technology to develop, manufacture and commercialize quantum dots through joint venture Qamronics India, formed by Amtronics and the state-owned Assam Electronics Development Corp Ltd (AMTRON).
As part of the licensing deal with QMC, Amtronics will use the QDX trademark and technical data to support its marketing initiatives and Quantum will receive technology development funding, scheduled milestone payments and royalties on the quantum dots and solar cells produced.
Originally planned to occupy 20,000 sq.ft, the Tech City facility is now being constructed to a 75,000 sq.ft footprint, with redesigned waste management and recycling systems to support the multi-story quantum dot laboratory and factory complex.
“Production of QDX Dots is expected to begin in Q1 2020, ahead of the completion of the entire facility,” said Dr Tony Balchin, CEO of Amtronics India, which is coordinating the project and is the licensee of QMC’s QDX Reactor technology.
“Despite unprecedented monsoon rainfall in the region, our offsite prefabrication work has continued to allow for expedited installation onsite. Project funding is progressing as planned, which also allows us to advance onsite work,” he added.
QMC intends to upgrade the reactors at Tech City to connect them to its QDX Ledger blockchain platform. This will allow the volume of quantum dot production, which is expected to be higher than originally budgeted, to be monitored and appropriate royalties recovered.
“We are grateful to Dr Balchin and his team for their continued dedication to a timely completion of Tech City and look forward to hosting key Amtronics technical and laboratory staff for specialist training at QMC’s headquarter here in San Marcos, Texas,” said Stephen B. Squires, President and CEO of Quantum Materials Corp.
Once Tech City goes live, QMC expects to begin earning royalties from the licensing of its technology in addition to the current and continued revenues from the provision of its QDX Reactor systems and ancillary equipment and services.
Texas-based Quantum Materials Corp develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous flow production process. Combined with its proprietary blockchain technology, its unique quantum dots are also used in anti-counterfeit applications.
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