Uptick Newswire Features Quantum Materials Corp. to Discuss Their Advancements with Quantum Dots and Their Recent Production and Licensing Deal
SAN MARCOS, TX / ACCESSWIRE / November 27, 2018 / Uptick Newswire featured Quantum Materials Corp. (OTCQB: QTMM), a leading American cadmium-free quantum dot and nanomaterials manufacturer, on their Stock Day Podcast to discuss the Company's growing applications of their latest technology. Chairman and CEO, Stephen Squires, joined host Everett Jolly to provide insight on their most recent quantum dot advancements, as well as upcoming plans for the Company.
Jolly began the interview by asking Squires to provide background on himself and the Company. Squires explained that although always having been an entrepreneur, his background revolves around advanced materials in the aerospace field. Now his focus has shifted to the cutting-edge technology offered by quantum dots.
Jolly then asked Squires to elaborate on quantum dots and inquired about his plans for marketing this technology going forward. Squires explained, "Quantum dots are basically atomic crystals. They are a semiconductor material, that allows you to manipulate light very efficiently. They don't work as a filter, but rather as a converter." Squires explained that the Company has actually been able to make this technology more environmentally friendly and appropriate for consumer products by eliminating the use of cadmium.
Squires shared that the Quantum dots represent the next generation of device displays. For example, mobile devices, televisions, and nearly everything with a similar type of displayrequires one of several types of color rendering technologies to function properly, and Quantum dots offer increased color quality in a safer way.
Squires further explained that the Company has also created a more cost-effective way for industries to utilize this technology and added, "This is really a breakthrough."
Currently, the few companies that have been able to incorporate quantum dots into their displays have done so through the use of an expensive film. Squires explained that the high cost of this film is further exaggerated by the expense of the quantum dots that are needed to make this method work. However, Squires stated that Quantum Materials Corp. has developed a way to use quantum dots without the need for the film, while also reducing the amount of these crystals that are needed. This makes their application of the product much more affordable.
Squires continued, "We're talking about 50%-80% less cost to implement than what the current technology is." Meanwhile, the technology also offers higher performance and a reduced environmental impact.
Jolly then asked Squires to share the current state of the Company. Squires responded, "The Company has recently signed and announced a licensing agreement with a company that is establishing quantum dot production in Assam, India. Their focus is going to be producing quantum dots, and they have also licensed our quantum dot solar cell technology." Squires explained that this area of technology is extremely well-valued in India and shared the solar applications of quantum dots and the benefits they offer to this industry.
Squires closed by adding that an advanced materials company may take longer to get into the market, but once they do it can turn into a steadily growing long-term investment.
To learn more about Quantum Materials Corp., listen to the full podcast, here: https://upticknewswire.com/featured-interview-ceo-stephen-squires-of-quantum-materials-corp-otcqb-qtmm/
ABOUT QUANTUM MATERIALS CORP.
Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energyand lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally sound displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com
QUANTUM MATERIALS CORP CONTACTS:
Toshi Ando
Sr. Director of Business Development for Asia/Pacific
510.300.4021
toshi@qmcdots.com
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at http://www.sec.gov/ or from our website. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.
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SOURCE: Uptick Newswire
