Russian scientists from Ural Federal University (UrFU), together with their colleagues from Institute of Metal Physics of the Ural Department of Russian Academy of Sciences, have studied fundamental characteristics of nickel oxide nanocrystals and found excitons on the light absorption edge for the first time. An exciton is an electron-hole pair bound with electrostatic coupling that migrates in a crystal and transmits energy within it. The presence of an exciton in this area allows for detailed research of edge parameters in permitted energy bands. This may be useful for the development of next-generation optoelectronic devices. The results of the study were published in Physica B: Physics of Condensed Matter journal.