Noctiluca is at the heart of every OLED
Noctiluca is a designer and producer of OLED emitters – a chemical compound that emits light upon application of electricity. This component is a vital part of any OLED display and determines its parameters of color, contrast, lifetime. Best in class TV today is OLED, best in class iPhone, Samsung Galaxy and Xiaomi are all OLED and most innovation in display technology is headed to OLED. The OLED (Organic Light Emitting Diode) display stack is made up of thin layers of organic materials. One of these layers, and perhaps the most important one, is the emitter – which actually converts electricity into visible light. This emitter and the rest of the organic materials together form a sub-pixel, the basic building block of an OLED display.
What we do
We are a technology company that develops the next-generation OLED emitting materials – chemical compounds that form the fundamental basis of OLED displays. They are used in televisions, smartphones, mobile devices and many other consumer devices.
Market
Our target market are the materials used in OLED industry
With OLED overtaking the entire Display market and potentially revolutionising Lighting market, the long term prospects of Noctiluca are very promising.
36.7 billion
The Global OLED Market size was estimated at USD 36.71 billion in 2020, is expected to reach USD 41.94 billion in 2021, and projected to grow at a CAGR of 14.57% reaching USD 83.06 billion by 2026 Source
14.6 percent
OLED market CAGR Source
100 kg
Noctiluca has the capacity to manufacture up to 100 kg of high-performance materials yearly
118.3 billion
The global lighting market size was $118.33 billion in 2019 & is projected to reach $163.72 billion by 2027, exhibiting a CAGR of 4.3% during forecast period. Source
148.4 billion
The global display market size was valued at USD 148.4 billion in 2021 and is projected to reach USD 177.1 billion by 2026. It is expected to grow at a CAGR of 3.6% Source
Pelagia noctiluca is one of the most fascinating marine organisms due to its bioluminescence ability
An ability to produce and emit light by a living organism. In Latin nocti is the combining form of nox “night” and lux means “light”.As a market challenger, we see ourselves in this tiny sea creature, providing light from organic compounds for the photonics industry. Since emissive layers are the heart of every OLED, therefore we chose the heart of pelagia noctiluca to be our brand symbol.