Dec 20 2012
Quantum Materials Corporation (QMC), the first manufacturer of Tetrapod Quantum Dots by a mass production continuous flow chemistry process, has been honored with Frost & Sullivan's 2012 North American Enabling Technology Award for Advanced Quantum Dot Manufacturing. QMC's "enabling technology" overcomes all quantum dot industry problems by delivering high-quality, lower-cost, and uniform quantum dots in commercial quantities for the reliable supply necessary for industrial production commitments.
F&S QMC Advanced QD Manufacturing Award. (PRNewsFoto/Quantum Materials Corporation)
"QMC is grateful for this exceptional recognition by Frost & Sullivan of our technologies, innovative manufacturing abilities, and focus to bring quantum dot commercialization forward in partnership with other advanced technology companies," stated Stephen B. Squires , Quantum Materials Corp CEO and founder. "We are developing solid working relationships with like-minded companies, exploring this new ability to go from drawing board into production years before any recent forecast has predicted it would be possible."
Frost & Sullivan rated QMC higher than competitors in all criteria, specifically highlighting QMC's low cost of manufacture, mass-production capability, potential for market acceptance, and variety of hybrid quantum dots before concluding, "QMC's QD technology is poised for large-scale adoption in diverse fields, such as lighting, displays, solar energy, sensors, optoelectronics, and flexible electronics."
Frost & Sullivan Senior Research Analyst Shyam Krishnan said, "There is no question that the future is very bright for quantum dots. Their ability to interact with photons, electrons, and chemicals to make useful energy, light or other nanoscale actions is as yet unmatched among nanoparticles. Quantum Materials Corporation's patented quantum dot synthesis that allows scalable mass production will allow them to service a multitude of industries in the near future. That is the reason they have earned the Frost & Sullivan 2012 North America Enabling Technology Award for Advanced Quantum Dot Manufacture."
Frost & Sullivan is in its 50th year in business with a global research organization of 1,800 analysts and consultants who monitor more than 300 industries and 250,000 companies. The company's research philosophy originates with the CEO's 360-Degree Perspective™, which serves as the foundation of its TEAM Research™ methodology. This unique approach enables us to determine how best-in-class companies worldwide manage growth, innovation and leadership.
The total market for quantum dots is expected to reach $7.48 billion by 2022, at a CAGR of 55.2 percent from 2012 to 2022 according to the market research report, "Quantum Dots Market – Global Forecast & Analysis (2012–2022)" by MarketsandMarkets.