United States based firm Quantum Materials Corporation (QMC) has signed an agreement with Amtronics CC for development and commercial manufacture of ultra-high definition display panels (UHDTV), solid state lighting (SSL) LEDs and quantum dot driven thin-film solar cells (QDSC) in Assam, Mercom India has reported.
The necessary bank guarantees for moving the project to completion is being provided by Assam Electronics Development Corporation Limited (AMTRON), a public sector undertaking of Assam government.
Under the terms of the agreement, QMC will get an immediate upfront license fee of $1 million in addition to technology development funding, scheduled milestone payments and royalties on all quantum dots solar cells production.
Amtronics CC and AMTRON have formed a joint venture, Qamronics India PVT, for the production of quantum dots solar cells, with its operations based in Assam. Read More
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