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

HZO Teams With Deutsche Telekom to Unveil the Waterproof Tolino Vision 2 eReader: The New HZO Protected eReader Ushers in a New Era of Waterproof Electronics, Providing a Seamless User Experience Without the Risk of Using Port Doors and Mechanical Seals October 10th, 2014

7th Nanotechnology Festival, Exhibition Kicks Off Work in Iran October 7th, 2014

Next-Gen Luxury RV From Global Caravan Technologies Will Offer MagicView Roof and Windshield Using SPD-SmartGlass Technology From Research Frontiers: Recreational Vehicle Manufacturer Global Caravan Technologies (GCT) Features 28 Square Feet of MagicView™ SPD-SmartGlass September 17th, 2014

Fonon at Cutting-Edge of 3D Military Printing: Live-Combat Scenarios Could See a Decisive Advantage with 3D Printing September 15th, 2014

Investments/IPO's/Splits

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

Arrowhead Issues Open Letter to Shareholders October 9th, 2014

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

Aspen Aerogels, Inc. to Present at Barclays CEO Energy-Power Conference August 27th, 2014

Materials/Metamaterials

New solar power material converts 90 percent of captured light into heat: SunShot Project aims to make solar cost competitive October 29th, 2014

Watching the hidden life of materials: Ultrafast electron diffraction experiments open a new window on the microscopic world October 27th, 2014

Polymeric Scaffold Recreates Bladder Tissue October 27th, 2014

Iran to Hold 3rd Int'l Engineering Materials, Metallurgy Conference October 25th, 2014

Announcements

New solar power material converts 90 percent of captured light into heat: SunShot Project aims to make solar cost competitive October 29th, 2014

Tiny carbon nanotube pores make big impact October 29th, 2014

Microrockets fueled by water neutralize chemical and biological warfare agents October 29th, 2014

Nanosafety research – there’s room for improvement October 29th, 2014

Environment

Microrockets fueled by water neutralize chemical and biological warfare agents October 29th, 2014

Nanoparticles Display Ability to Improve Efficiency of Filters October 28th, 2014

Iranian, Malaysian Scientists Study Nanophotocatalysts for Water Purification October 23rd, 2014

Imaging electric charge propagating along microbial nanowires October 20th, 2014

Industrial

Researchers patent a nanofluid that improves heat conductivity October 22nd, 2014

New Nanocomposites Help Elimination of Toxic Dyes October 15th, 2014

Perpetuus Carbon Group Receives Independent Verification of its Production Capacity for Graphenes at 140 Tonnes per Annum: Perpetuus Becomes the First Manufacturer in the Sector to Allow Third Party Audit October 7th, 2014

Bilbao (Spain) to welcome 1500 delegates at international event: ImagineNano 2015 and Graphene 2015 under the same roof October 2nd, 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