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October 24th, 2005
Nantero: Chasing the "Next Big Thing"
Anything "nano" turns heads in the engineering world, but Nantero, a Boston area startup, may well be one of the first to make big money in the burgeoning nanotechnology field. The company already has attracted more than $31 million from five leading venture capital firms, whose managers are smitten by Nantero's patents and development work in a new type of computer memory that harnesses carbon nanotubes.
(co-founder Thomas) Rueckes claims that NRAM will be faster and denser than DRAM, consume substantially less energy than DRAM or flash, and be highly resistant to environmental forces, such as heat, cold, and magnetism. The Nantero founders also see it being used as a "universal memory" chip that can replace DRAM, SRAM (static RAM), flash memory, and eventually hard disk stories. The potential payoff is enormous, with the annual market for memory devices estimated at $100 billion.
(Ed.'s note: about 1/2 way down the page you'll find the piece on Nantero.)
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