Nanocomp recognized in federal nanotechnology report

President's Council of Advisors on Science and Technology calls Nanocomp's carbon nanotube sheet material a potentially "consequential technology."

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Nanocomp Technologies Inc. (Concord, N.H., USA), a developer of performance materials and component products from carbon nanotubes (CNTs), announced on April 19 that the company's progress in commercializing nanotube materials was presented as a success case in the U.S. President's Council of Advisors on Science and Technologyís (PCAST) "Report to the President and Congress on the Third Assessment of the National Nanotechnology Initiative (NNI)." The report delivered recommendations from leading academics and industry executives for maintaining the United States' leadership position in nanotechnology research and commercialization.

The report specifically discussed Nanocomp's light-weight CNT wiring and body armor as a technology that has "matured beyond early stages of development and represents significant progress toward the goal of delivering commercially consequential technology."

"This is a proud day for Nanocomp, and for the wider promise that nanotube technology brings to global defense and industry," said Peter Antoinette, president and CEO of Nanocomp Technologies. "From day one, our vision has been not only to provide a novel material technology that outperforms existing alternatives, but also to lay down a meaningful path to commercial delivery. As we turn our attention to scaling-up production, this recognition from the leaders of our nation is an incredible milestone."

PCAST is comprised of the nation's most prominent engineers from academia and industry to advise President Obama and the Office of Science and Technology Policy (OSTP). The NNI was established by the Clinton Administration as a government program to review research & development, education, health & safety, societal impact and commercialization of nanotechnology.