Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Military Nanotech Spending Proves Difficult to Tap

Abstract:
U.S. Department of Defense has funded $195 million in small business nanotech grants since 2002, but only 6% made it past a first phase

Military Nanotech Spending Proves Difficult to Tap

Lux Research

New York, NY | Posted on February 27, 2006

With threats to the U.S. increasingly coming from terrorist organizations, rogue nations, and insurgencies, the military is driving a major effort to improve its capabilities – making it one of the best prospective buyers for applications of nanotechnology. But companies large and small that supply these nanotech solutions are failing to exploit the military market effectively because of mismatched development strategies, according to a new report from Lux Research entitled “Setting Supplier Strategies for Military Nanotech Applications.”

“Despite military and defense buyers’ deep pockets, diverse needs, and risk-friendly profile, many perils make selling to these clients tough going,” said Lux Research Senior Analyst Mark Bünger, author of the report. “When we examined the fate of suppliers that applied for the 809 small business grants from the Department of Defense, we found that long lead times, IP issues, and an inability to scale up make success hard to achieve.”

To assess military nanotech opportunities for commercial organizations, Lux Research identified 809 Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants totaling $195 million that were issued by the Department of Defense for nanotechnology applications. The grants were categorized in seven application domains: propellants and explosives, biomedical, sensors, electronics, power, structural materials and surfaces, and coatings and filters. In addition, Lux Research constructed an evaluation tool to assess 46 applications across the seven domains on price/performance, military priority, and commercial potential. Among the report’s highlights:

  • Nanotech applications in electronics, power, surfaces, coatings, and filters are good candidates for military and commercial co-development. They both meet high-priority military challenges and address large, near-term commercial markets.
  • Biomedical applications have stronger commercial opportunities then military ones, though military demand in many cases offer support for early-stage development.
  • Sensor and structural materials applications are unlikely to break out of a military niche – because military buyers value their performance enhancements enough to support higher costs, where most commercial entities do not.
  • Propellants and explosives applications fall by the wayside, lacking major commercial interest and ranking relatively low on military priority.

Suppliers of nanotechnology-driven solutions will need new approaches to make the military and defense market work for them. “Today, small suppliers seek SBIR grants for narrowly-defined components of larger systems that the military needs, and small and large suppliers both turn to systems integrators to incorporate their inventions into complete solutions,” said Bünger. “Suppliers should recognize the inherent risks in both paths and take appropriate steps to mitigate them – by focusing on commercial co-development early and avoiding over-reliance on military sources of revenue.”

“Setting Supplier Strategies for Military Nanotech Applications” contains analysis of a comprehensive set of Department of Defense SBIR and STTR grants from 1988 by sector, grant phase, and deal size. It also presents data from interviews with 17 government officials, start-ups, and large corporations working with the Department of Defense. The report and its underlying data set are available immediately to clients of Lux Research’s Nanotechnology Strategies advisory service. For information on how to become a client, contact Rob Burns, Vice President of Sales, at (646) 723-0708.

####

About Lux Research:
Lux Research is the world’s leading nanotechnology research and advisory firm. We help our clients make better decisions to profit from nanoscale science and technology, tapping into our analysts’ unique expertise and unrivaled network. Our clients include top decision makers at large corporations, portfolio managers and analysts at leading financial institutions, CEOs of the most innovative start-ups, and visionary public policy makers.

For more information, please click here.

Contact:
Lux Research Inc.
Peter Hebert
646-723-0702
peter.hebert@luxresearchinc.com

Copyright © Lux Research

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 News Press

Investments/IPO's/Splits

Harris & Harris Group Portfolio Company, Magic Leap, Raises $793.5 Million in New Funding February 3rd, 2016

Israel: A Nanotech Superpower: Did you know that Israel is a hotbed for nanotechnology research and development? February 1st, 2016

PEN Inc. Announces 1-for-180 Reverse Stock Split January 27th, 2016

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 2, 2016 January 13th, 2016

Nanomedicine

Nanoparticle therapy that uses LDL and fish oil kills liver cancer cells February 9th, 2016

Leading bugs to the death chamber: A kinder face of cholesterol February 8th, 2016

UTHealth research looks at nanotechnology to help prevent preterm birth February 7th, 2016

Scientists take key step toward custom-made nanoscale chemical factories: Berkeley Lab researchers part of team that creates new function in tiny protein shell structures February 6th, 2016

Sensors

Scientists have put a high precision blood assay into a simple test strip: Researchers have developed a new biosensor test system based on magnetic nanoparticles February 3rd, 2016

Nanosheet growth technique could revolutionize nanomaterial production February 1st, 2016

New record in nanoelectronics at ultralow temperatures January 28th, 2016

NBC LEARN DEBUTS SIX-PART VIDEO SERIES, “NANOTECHNOLOGY: SUPER SMALL SCIENCE” Produced by NBC Learn in partnership with the National Science Foundation, and narrated by NBC News/MSNBC’s Kate Snow, series highlights leading research in nanotechnology January 25th, 2016

Materials/Metamaterials

Chemical cages: New technique advances synthetic biology February 10th, 2016

Superconductivity: Footballs with no resistance - Indications of light-induced lossless electricity transmission in fullerenes contribute to the search for superconducting materials for practical applications February 9th, 2016

Making sense of metallic glass February 9th, 2016

A fast solidification process makes material crackle February 8th, 2016

Announcements

Chemical cages: New technique advances synthetic biology February 10th, 2016

New thin film transistor may lead to flexible devices: Researchers engineer an electronics first, opening door to flexible electronics February 10th, 2016

Superconductivity: Footballs with no resistance - Indications of light-induced lossless electricity transmission in fullerenes contribute to the search for superconducting materials for practical applications February 9th, 2016

SUNY Poly and GLOBALFOUNDRIES Announce New $500M R&D Program in Albany To Accelerate Next Generation Chip Technology: Arrival of Second Cutting Edge EUV Lithography Tool Launches New Patterning Center That Will Generate Over 100 New High Tech Jobs at SUNY Poly February 9th, 2016

Military

Scientists guide gold nanoparticles to form 'diamond' superlattices: DNA scaffolds cage and coax nanoparticles into position to form crystalline arrangements that mimic the atomic structure of diamond February 4th, 2016

Researchers develop completely new kind of polymer: Hybrid polymers could lead to new concepts in self-repairing materials, drug delivery and artificial muscles January 30th, 2016

Nano-coating makes coaxial cables lighter: Rice University scientists replace metal with carbon nanotubes for aerospace use January 28th, 2016

Scientists build a neural network using plastic memristors: A group of Russian and Italian scientists have created a neural network based on polymeric memristors -- devices that can potentially be used to build fundamentally new computers January 28th, 2016

Energy

New thin film transistor may lead to flexible devices: Researchers engineer an electronics first, opening door to flexible electronics February 10th, 2016

Canadian physicists discover new properties of superconductivity February 8th, 2016

Host-guest nanowires for efficient water splitting and solar energy storage February 7th, 2016

February 4th, 2016

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







Car Brands
Buy website traffic