Nanocrystal electricity is a technology that converts heat, light, and other forms of energy into electricity. By using microscopic particles, this electricity provides us with potential opportunities to revolutionize the energy industry.
With that said, here’s a look at some of the best nanocrystal electricity stocks to buy into now.
Best Nano Crystal Electricity Stocks To Track
Energous (NASDAQ: WATT)
Based in San Jose, California, Energous is a nanocrystal electricity stock that has recently garnered much attention with its innovative application of piezoelectricity.
Energous creates RF-based power transfer solutions that function wirelessly. While wireless power transfer is not new, Energous has taken it a step further with its over-the-air charging capability.
The company birthed the award-winning WattUp power solution, which offers both contact and contactless charging.
WattUp has many applications, and Energous has over 200 patents and a first-of-its-kind FCC part 18 certification for this over-the-air charging technology.
Energous has been exploring using nanocrystals in its WattUp technology to enable devices to charge from a distance using light energy.
The company developed a prototype that uses nanocrystals in electricity generation. The device used ambient light sources to transform light into electrical energy.
This nanocrystal electricity technology has several applications and can be used in several fields spanning the military medical, industrial, and consumer sectors. It can be used in factories, tools, automobiles, IoT systems, and even wearables.
It eliminates the need for industrial equipment cables or ports and has generated much interest in recent years.
WATT currently has a year-over-year revenue growth rate of 12.49% and a forward growth rate of 249%.
As of March, the stock is trading at about $0.55 per share.
Nanoco Group PLC (OTCMKTS: NNOCF)
Nanoco Group, formerly Evolutec Group Plc, is a UK-based multinational technology company operating in Holland, France, Taiwan, Canada, Japan, the US, and the UK.
It is widely regarded as one of the world’s foremost nanotech stocks.
Together with its subsidiaries, the company is known for developing, licensing, and popularizing cadmium-free quantum dots, also known as nanocrystals.
These nanocrystals have several applications and are used in solar cells, lighting, and medical imaging.
Therefore, the development of nanocrystal electricity signals impressive potential growth for the company.
It signifies substantial innovation and expansion of the product portfolio in its existing quantum dot technology.
Nanoco also offers CFQD quantum dots technology, which uses fluorescent semiconductor nanoparticles for OLED color conversion, security tagging, and QD-EL.
AAC Technologies (OTCMKTS: AACAY)
AAC Technology is an investment holding company that provides solutions for smart devices.
The company was founded in 1993 and is headquartered in Shenzhen, the People’s Republic of China.
It describes itself as a “leader in sensory experience solutions, with the corporate goal of creating the future of sensory experience technology.”
AAC provides technological solutions for smart devices in Mainland China, Europe, the United States, Taiwan, and Hong Kong.
The company has several offerings, including acoustics products for smartphones, smart watches, tablets, and automobiles.
It also provides optics offerings such as occupant and driver monitoring systems, camera modules, and optical image stabilizer solutions.
AAC Technology has eighteen research and development centers globally with over 6,000 researchers.
Piezoelectric solutions are also one of AAC Technology’s offerings, as they are used in cell phones for vibration feedback due to their low power consumption and quick response ability.
AACAY is roughly trading at $2 per share with a market cap of $2.5 billion.
LG Chem Ltd (OTCMKTS: LGCLF)
As a leading supplier of batteries, lighting products, and electronic storage systems, LG Chem stands a lot to gain from nanocrystal electricity.
The company has also shown substantial interest in researching and developing the technology.
In its battery production, LG Chem has attempted to improve performance and efficiency by exploring nanocrystal coatings on battery electrodes. This can contribute to its battery products’ lifespan, density, and charging rates.
Nanocrystal electricity enables efficient power generation; thus, the technology can also contribute largely to LG Chem’s energy storage products.
The company has already begun exploring the use of these nanocrystals in its energy products.
LG Chem has reportedly partnered with research institutions such as the Korea Advanced Institute of Science and Technology (KAIST) in developing new products using nanocrystal technology.
The company’s recent NanoCell display panel technology already uses nanocrystal technology to filter impure colors from light wavelengths, improving the number of colors and viewing angles.
SunPower Corporation (NASDAQ: SPWR)
Headquartered in San Jose, California, SunPower Corporation is a company that provides high-efficiency solar panels and battery energy storage products.
Although the company has not directly ventured into nanocrystal electricity, it has shown a keen interest in innovation and technology development. It also stands to benefit a lot from this emerging technology.
One of SunPower Corporation’s major solutions- solar panel production will likely experience considerable growth in efficiency by incorporating nanocrystals into its solar cell structure.
Its energy storage systems can also undergo growth in efficiency and performance. This will also enable it to offer more cost-effective solutions to its customers.
The company has also recently ventured into the manufacture of LED lighting products. The potential impact of nanocrystal technology in this area is also very promising.
Over the past year, SPWR earnings have grown significantly, and experts project it to grow at 28.3% per year. In the past five years, it has risen by more than four times in stock price since 2018.
Toyota Motor Corp (NYSE: TM)
The Japanese multinational automobile manufacturer will benefit immensely from developing the nanocrystal electricity field.
Toyota, along with other notable companies in the automobile industry, has pitched its tent in extensive research and development of the Electronic Vehicle sector (EV).
While lithium is the primary source of Electric Vehicle batteries, the human right and environmental hazard concern indicates that a switch to nano electricity-powered batteries is on the cards.
Toyota has already begun research in the nanomaterial technology field.
The principal scientist with Toyota Research Institute North America noted that the technology was developed to work on next-generation magnetic materials to create hybrid and electric vehicle motors and power systems.
As a company heavily invested in sustainable technology, nanocrystal technology stands to help Toyota enhance its sustainability by improving energy efficiency, reducing energy consumption, and ultimately reducing the effect on the environment.
It’s currently trading at $137 per share as of March 2023.
Quantum Materials Corp (OTCMKTS: QTMM)
Headquartered in San Marcos, Texas, Quantum Materials Corp (QMC) is a company that manufactures semiconductors and high-performance nano-materials.
Quantum Materials Corp has been involved in developing nanocrystal technology for various applications.
The company uses luminescent semiconductor nanocrystals known as quantum dots to cater to the electronics, lighting, and display industries.
QMC also developed tetrapod quantum dots (TQDs), a variant of quantum dots that perform at a higher level.
TQDs have a range of applications ranging from optoelectronics to lighting, life sciences, and sensors, and can be used to generate electricity when exposed to light.
Therefore, developing nanocrystal electricity for QMC will allow the company to expand its production capacity and portfolio beyond its quantum dots technology while also expanding its revenue stream and access to new markets.
The development of nanocrystal technology is expected to let the company access new partnerships and collaborations that will enable an increase in technological transfer.
Quantum Materials Corp is also leaning increasingly towards sustainable and clean energy. The company’s development of nanocrystal technology is set to enable it to establish itself as a leader in green energy.
As of March 2023, Quantum Materials Corp is currently trading at $0.04 per share.
Samsung Electronics Co. Ltd (OTCMKTS: SNLF)
Samsung Electronics is a multinational South Korean company specializing in consumer electronics and device solutions.
Headquartered in Yeongtong-gu, the company is one of the world’s largest IT and electronics companies.
It has shown significant interest in quantum dot technology in past years. Quantum dot technology is an emerging innovation that uses semiconductor nanocrystals to enhance live imaging by converting a spectrum of life into different colors.
The company’s subsidiary Samsung Institute of Technology (SAIT), has also invested in quantum dot materials. In 2018, the institute introduced a novel method of producing this technology on a large scale for various applications.
Samsung is also a major player in the energy sector and has invested in various battery technologies.
It has also shown substantial interest in renewable sources like wind and solar energy, which nanocrystal electricity is set to transform.
As a major manufacturer of displays, incorporating nanocrystal electricity will enable the company to power more energy-efficient displays.
Nanocrystal electricity will also allow the company to wirelessly power its wearables and IoT products.
The electronic giant is roughly trading at $40 per share with a market cap of $302 billion.
Tesla (NASDAQ: TSLA)
Billionaire Elon Musk’s Tesla stock has been a monster stock for the better part of its lifespan.
The company is focused on accelerating the world’s transition into renewable energy.
The world’s leading company in the Electronic Vehicle (EV) sector, Tesla is designing sustainable systems that are massively scalable—resulting in the most significant environmental benefit possible.
During its terrific run from mid-2019 to late 2021, the stock hit a bear market low of $101.84 on January 6. TSLA stock roared back but, as predicted, is sliding again.
Moreso, Tesla’s affiliations with nanocrystal electricity makes the stock even more appealing. Tesla has, in time past, conducted research in the nanocrystal electricity field.
The nanocrystal concept was originally proved by Nikolas Tesla in the early 1900s. However, since the death of Nikolas Tesla, it has seen little or no development until recently.
Tesla’s flagship product, its electronic vehicle, is expected to benefit greatly from nanocrystal development.
Competitors like Toyota Motors, Ford, and General Motors have all been touted in researching the electronic vehicle field.
Nanocrystal electricity will also enhance the company’s storage solutions by increasing potential energy storage capacity.
The technology aligns with Tesla’s commitment to alternative energy sources and sustainability.
Breakthroughs in this technology could see Tesla stock soar once more. As of March, the stock is trading at around $179 with a market cap of $552 billion.
Are Nano Crystal Electricity Stocks a Good Investment?
Nanocrystals are tiny particles that are 100-1000 times smaller than the width of human hair.
They can convert heat, light, and other forms of energy into electricity.
This electricity can then be repurposed in a slew of ways, from powering everyday electronics like light bulbs to more commercial applications like powering electric vehicles.
Many of the technological advances with regard to electricity can be traced back to Nikola Tesla, who experimented with the transmission of electrical energy from 1891 to 1898.
Investing in nanocrystal electricity stocks provides investors with the opportunity to tap into the wealth that’s flowing within the industry on a daily basis.
The technology is quickly developing, and the demand for nanocrystal electricity is expected to increase significantly in the coming years.
This presents its investors with great potential to benefit from the industry’s growth.
In other words, nanocrystal electricity has great potential to revolutionize the world of energy, and investing in stocks related to it can be a great way to benefit from its advancements.
FAQs
What Is Nanocrystal Electricity?
To put it simply, nanocrystal electricity revolves around using silicon-based electricity generating nanocrystals to create a radio frequency that’s powerful enough to power electronic devices with an electrical current. These devices include an electric guitar, personal computers, and more.
What Are The Best Electric Energy Stocks To Buy Now?
Many electric energy stocks could be worth buying, some of these include – NextEra Energy, Inc. (NEE), Duke Energy Corporation (DUK), and The Southern Company (SO). Alternatively, you can also buy nanotechnology stocks to tap into the energy market, as they currently represent the future of the renewable energy sector.
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