Reduction in Cash Burn
Nanoco reduced its cash burn by approximately 30%, extending its cash runway and allowing reinvestment in business development.
Joint Development Agreements
Signed a second joint development agreement in spring 2025 and extended the first agreement by an additional 3 years, marking important milestones in company development.
Advancements in Image Sensor Market
Nanoco achieved best-in-class performance with indium arsenide technology and is positioned as a leader in the image sensor market.
Stable Financial Position
End-of-year cash position at GBP 14 million with a stable ongoing cash cost base of GBP 0.5 million per month.
Order Book Stability
Order book of GBP 7.6 million matches FY '25 revenue, providing a solid foundation for potential financial outperformance.