Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > European Union Grants €11.6 M to ApNano Materials

Abstract:
FOREMOST project to research new ways of introducing ApNano Materials’ inorganic fullerene nanoparticles into surface coatings and lubricants

The European Union Grants €11.6 Million to Research ApNano Materials' Nanoparticles by a Pan- European Consortium

New York, NY | Posted on January 09, 2006

ApNano Materials, Inc. (www.apnano.com), a provider of nanotechnology-based products, today announced that the European Union Commission has approved a grant of €11.6 million to develop new composite coatings and lubricants based on ApNano Materials' nanoparticles – the inorganic fullerenes (IF) – which have unique friction and wear reducing properties. The four and half year, pan-European project, whose total budget is €18.9 million, is funded by the European Union’s Sixth Framework Program for Nanotechnologies and Nanosciences, Knowledge based Multifunctional Materials and New Production Processes and Devices.

The project, named FOREMOST (Fullerene-based Opportunities for Robust Engineering: Making Optimized Surfaces for Tribology) will research new ways of introducing ApNano Materials’ inorganic fullerene nanoparticles into surface coatings and lubricants. The new products will reduce friction and wear, save energy costs, extend operational life of mechanical parts, reduce maintenance and lower the environmental impact of a wide range of mechanical elements for the aerospace, automotive, power generation and manufacturing industrial sectors.

The FOREMOST project involves the establishment of a Pan-European consortium of 31 companies and research organizations, including Rolls-Royce, Renault, EADS (European Aeronautic Defence and Space Company EADS N.V.), Goodrich Corporation, Ion Bond, FUCHS PETROLUB AG, Nanomaterials Ltd. (the fully owned Israeli R&D company of Apnano Materials), and leading European universities and research institutes. The project is coordinated by Fundation TEKNIKER, based in Eibar, northern Spain.

The fullerenes are soccer ball-like clusters of atoms, named after R. Buckminster Fuller, the architect of the geodesic dome appearing at the 1967 Montreal World Exposition. ApNano Materials’ revolutionary nanoparticles are nested spheres of special metal inorganic compounds.

The inorganic fullerenes were first discovered in breakthrough work in nanotechnology performed at the Weizmann Institute of Science, Israel, by a group headed by Professor Reshef Tenne, currently the Head of the Institute's Department of Materials and Interfaces. Dr. Menachem Genut, ApNano Materials' CEO was a research fellow in the original research group which discovered the IF nanoparticles at the Weizmann Institute and first to synthesize the new material. Based on the inorganic fullerenes, ApNano Materials has developed the world's first nanotechnology-based solid lubricant – NanoLub.

Recently, Professor Reshef Tenne was awarded the prestigious Materials Research Society (MRS) medal "for realizing that nanoclusters of layered compound materials (e.g., MoS2, WS2) can be made to fold into hollow cage structures, in analogy to graphitic carbon. These structures, known as 'inorganic fullerenes,' constitute a materials class with exciting new properties.”

"The decision of European Union Commission is a recognition of NanoLub’s potential to enhance the performances of machines and moving parts, saving energy and reducing pollution." said Dr. Menachem Genut, President and CEO of ApNano Materials. "The health aspects of Nanolub where extensively studied and were recently completed. The research clearly shows that NanoLub is non-toxic and can be considered as an environmentally friendly material."

"The special properties of the IF nanostructures has attracted significant interest from industry around the world," said Aharon Feuerstein, co-Founder, Chairman and CFO of ApNano Materials. “To date large quantity production of the IF has been achieved by the company at its facility in the Weizmann Science Park, Nes Ziona, Israel and work is underway for a scaled-up semi-commercial unit to produce 100-200 kg/day which will be followed by a full industrial production facility to produce tons of material per day."

“NanoLub has been shown in numerous independent tests worldwide to reduce friction and wear significantly better than conventional lubricants, especially under extreme conditions such as very high loads” said Dr. Niles Fleischer, Vice President of Business Development and Vice President of Product Development of ApNano Materials. “NanoLub is used as an additive to enhance the lubricating properties of oils and greases, formulated as an anti-friction coating, and used for impregnating self-lubricating sintered metal parts.”

####

About ApNano Materials:
ApNano Materials is a private nanotechnology company founded in 2002 by Dr. Menachem Genut, President and CEO and Mr Aharon Feuerstein, Chairman and CFO. ApNano Materials was incorporated in the US and is headquartered in New York, USA. Its fully-owned Israeli subsidiary - NanoMaterials, Ltd., is located in the high tech science park adjacent to the Weizmann Institute campus in Ness Ziona, Israel. The company was granted an exclusive license by Yeda Research and Development Co. Ltd, the commercial arm of the Weizmann Institute of Science, Israel, to manufacture, commercialize and sell a new class of nanomaterials based on inorganic compounds that were discovered at the Institute. The shareholders of ApNano Materials, besides the founders, are Newton Technology VC Fund, Yeda Research and Development Co. LTD. (the commercial arm of the Weizmann Institute of Science), AYYT Technological Applications and Date Update LTD. (the commercial arm of Holon Academic Institute of Technology, Israel), and private European investors.

NanoLub, a green, environmentally friendly material, is a trademark of ApNano Materials, Inc.

For more information, please click here

Contact for ApNano Materials:
David Kanaan
Kanaan Public Relations
+972-3-5408188
david@kanaan.co.il

Contact for further information about the FOREMOST project and the organizations involved:
Alberto Alberdi
FOREMOST Coordinator
Fundacion Tekniker,
Avda. Otaola 20 · 20600 Eibar (Gipuzkoa), Spain,
Tel: +34 943 20 67 44
Fax: +34 943 20 27 57
aalberdi@tekniker.es

Copyright © ApNano Materials

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related Links

FOREMOST

Related News Press

Products

Nanovations Sets new Benchmark in Automotive Windscreen Coating Durability: Nanovations new automotive glass coating Vision Protect, sets new benchmark in glass coating durability March 23rd, 2014

Tawada CleanTech to show fabric duct and eco cool coating in MegaBuild March 21st, 2014

NEI Introduces Self-healing Anti-corrosion Coating for Zinc-Plated and Galvanized Steel March 14th, 2014

Cima NanoTech Announces Commercial Production of its SANTE(R) FS200 Touch Films for Large Format Touch Screens February 19th, 2014

Investments/IPO's/Splits

Harris & Harris Group Continues Its Blog Series to Highlight Most Impactful Portfolio Companies With Champions Oncology, Inc. April 17th, 2014

Nanometrics to Announce First Quarter Financial Results on April 29, 2014 April 9th, 2014

Harris & Harris Group Notes Mersana's Collaboration Agreement With Subsidiary of Takeda Pharmaceutical Co. April 8th, 2014

Harris & Harris Group Continues Its Blog Series to Highlight Most Impactful Portfolio Companies With Metabolon, Inc. April 7th, 2014

Materials/Metamaterials

INSCX™ exchange to present Exchange trade reporting mechanism for engineered nanomaterials (NMs) to UK regulation agencies, insurers and upstream/downstream users April 17th, 2014

Engineers develop new materials for hydrogen storage April 15th, 2014

Industrial Nanotech, Inc. Lands First Major Order from Pemex, Mexico’s State-Owned Oil and Gas Company April 14th, 2014

Properties of Coatings Used in Electrical Insulators Modified by Iranian Researchers April 14th, 2014

Announcements

High-temperature plasmonics eyed for solar, computer innovation April 17th, 2014

INSCX™ exchange to present Exchange trade reporting mechanism for engineered nanomaterials (NMs) to UK regulation agencies, insurers and upstream/downstream users April 17th, 2014

Transparent Conductive Films and Sensors Are Hot Segments in Printed Electronics: Start-ups in these fields show above-average momentum, while companies working on emissive displays such as OLED are fading, Lux Research says April 17th, 2014

Harris & Harris Group Continues Its Blog Series to Highlight Most Impactful Portfolio Companies With Champions Oncology, Inc. April 17th, 2014

Environment

Trees go high-tech: process turns cellulose into energy storage devices April 7th, 2014

Fabricating Nanostructures with Silk Could Make Clean Rooms Green Rooms March 31st, 2014

University of Waterloo Engineering to Showcase Student Design March 14th, 2014

Iran Applying Nanotechnology in Growing Number of Industries March 10th, 2014

Industrial

Shiny quantum dots brighten future of solar cells: Photovoltaic solar-panel windows could be next for your house April 14th, 2014

Industrial Nanotech, Inc. Lands First Major Order from Pemex, Mexico’s State-Owned Oil and Gas Company April 14th, 2014

Industrial Nanotech, Inc. Announces Certification for Use in Middle East for Buildings: Nansulate(R) Energy Saving Coatings to be used by Major Middle East Energy Company April 1st, 2014

Harper Government Announces Support for U of S Nanoscience Research: Uses for New Nanostructured Coatings Range from Biomedical to Oil Sand Sectors March 29th, 2014

NanoNews-Digest
The latest news from around the world, FREE







  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE