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Nanostart AG invests in Nanosys, Inc.
Frankfurt am Main | Posted on January 09, 2006
Nanostart AG invests in the US company Nanosys Inc., which has its headquarters in Palo Alto, California in the heart of Silicon Valley. The company was founded in 2001 and has a unique platform technology that allows devices to be produced in nanometer dimensions for a broad range of applications and products. As a result of its platform technology, which is protected by more than 400 patents and patent applications, Nanosys ranks among the world’s leading nanotechnology companies.
Nanosys is developing its core technology to engineer and integrate the physical and functional characteristics of nanostructures for creating products. The centerpiece of the Nanosys platform technology is based on patented nanostructure synthesis, assembly and interface processes. In a controlled environment, structures are produced in nanometer dimensions from inorganic materials such as silicon, germanium or gallium to form functional devices equivalent to devices such as transistors, light emitters, or solar cells. As these structures are formed atom by atom they enable the experts at Nanosys to steer and specifically influence various physical, electrical, optical or chemical parameters as they are formed. They literally "program" the nanostructures to take on the desired device qualities and functions.
Nanosys has identified numerous growth-strong application fields for its technology and is collaborating with excellent partners such as Intel, Sharp and the US government. At the moment, the company is developing products for multiple industries including energy, defense, electronics, computing and life science. Nanosys is developing, among other things, thin film electronics for displays and phased array antennas, non-volatile memory for electronic devices, chemical analysis chips for pharmaceutical drug discovery, performance enhancers for solid state lighting, and solar cells and fuel cells for portable electronics. All of these products are based upon Nanosys’ common core technology.
By investing in Nanosys Inc., Nanostart AG is further expanding its presence in the US market. "The investment in Nanosys is of major significance for us," claims Marco Beckmann, CEO of Nanostart AG. "It demonstrates that, as a leading European nanotechnology investment company, we have access to the best companies of this young industry." Larry Bock, Nanosys founder and Executive Chairman of the Board of Directors adds: "We look forward to collaborating closely with our new German investor and hope to profit from Nanostart’s contacts in European industry as well as in the science and finance scene."
About Nanosys, Inc.:
Nanosys, Inc. is a leader in the development of nanotechnology based products utilizing high performance inorganic nanostructures. Nanosys has built one of the broadest technology platforms in the industry with more than 400 patents and patent applications covering fundamental areas of nanotechnology. Based in Palo Alto, California and privately held, Nanosys collaborates with industry leaders to develop revolutionary high-value, high-performance products for computing, optoelectronics, communications, energy and the life and physical sciences.
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About Nanostart AG:
Nanostart AG is a listed nanotechnology investment company whose activities are divided into two areas: one of its focuses is investing in fast-growing nanotechnology companies; its other key area of activity is advising companies in the financial industry on investments in the nanotechnology sector.
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This notification represents neither an offer to sell nor an invitation to submit an offer to buy or subscribe securities. The admission of the shares of Nanostart AG in the sub-segment of the Open Market of the Frankfurt Stock Exchange, the Entry Standard, does not constitute a public offer of securities. This notification does not represent a securities prospectus. This notification and the information contained therein is not intended to be passed on, whether directly or indirectly, to or within the United States of America, Canada, Australia or Japan.
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
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