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March 24th, 2005
QinetiQ: A Future Nanotech Investment?
While reading a recent report about pSivida, the Australian-based biotechnology company focused on biomedical applications of nanotechnology, I was reminded that QinetiQ, the United Kingdom-based defense laboratory, may go public in late 2005 (QinetiQ owns approximately 11 percent of pSivida). If it does, I would encourage investors of not only pSivida to take notice but investors of Altair and Nanophase as well. The reason is because the IPO would allow the latter investors the opportunity to invest in QinetiQ’s subsidiary, Qinetiq Nanomaterials—which is Europe’s leading manufacturer and supplier of nanopowders—and thus diversify their portfolios.
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