Quantum Materials Corp. announced that it has signed a License and Development agreement with Amtronics CC to allow for the establishment of large scale, low cost quantum dot production for the development and future commercial manufacture of: ultra-high definition display panels (UHDTV); solid state lighting (SSL) LED's; and quantum dot driven thin-film solar cells (QDSC). The Agreement provides Amtronics CC with the right to manufacture quantum dots and thin-film quantum dot solar cells for commercial supply in India, as well as the right to use the QDXTM trademark and technical data to support its marketing initiatives. Under the terms of the Agreement, QMC receives an immediate upfront license fee of $1,000,000 in addition to technology development funding, scheduled milestone payments and royalties on all quantum dots/solar cells produced. The 12,000 square feet nanotech-focused facility is being established as the anchor project within the recently announced Electronics Manufacturing Cluster in the Guwahati Tech City.