Nanoco Group plc Signs Contract Extension to Deliver Additional Services and Materials to an Undisclosed US Company
January 25, 2019 at 07:00 am
Nanoco Group plc announced that it has signed a contract extension to deliver additional services and materials to an undisclosed US Company. The contract extension runs from January 2019 to December 2019. During that period, Nanoco will carry out stress testing and process optimization on the new production facility. The majority of revenue is expected to be earned during the period of the agreement, with limited deferrals, and with no contingent or milestone based payments.