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

Nanometrics Announces Upcoming Investor Events May 10th, 2016

ORIG3N Added to Companies Presenting at Harris & Harris Group's Annual Meeting, Tuesday June 7, 2016, the New York Genome Center April 27th, 2016

Aspen Aerogels to Present at the 28th Annual ROTH Conference March 14th, 2016

Harris & Harris Group Announces Formation of Co-Investment Fund for Accredited Investors March 9th, 2016

Nanomedicine

Automating DNA origami opens door to many new uses: Like 3-D printing did for larger objects, method makes it easy to build nanoparticles out of DNA May 30th, 2016

Simple attraction: Researchers control protein release from nanoparticles without encapsulation: U of T Engineering discovery stands to improve reliability and fabrication process for treatments to conditions such as spinal cord damage and stroke May 28th, 2016

Scientists illuminate a hidden regulator in gene transcription: New super-resolution technique visualizes important role of short-lived enzyme clusters May 27th, 2016

Supercrystals with new architecture can enhance drug synthesis May 24th, 2016

Sensors

The next generation of carbon monoxide nanosensors May 26th, 2016

Dartmouth team creates new method to control quantum systems May 24th, 2016

Electronic device detects molecules linked to cancer, Alzheimer's and Parkinson's: An inexpensive portable biosensor has been developed by researchers at Brazil's National Nanotechnology Laboratory with FAPESP's support May 20th, 2016

Making organs transparent to improve nanomedicine (video) May 13th, 2016

Materials/Metamaterials

Thermal modification of wood and a complex study of its properties by magnetic resonance May 26th, 2016

Finding a new formula for concrete: Researchers look to bones and shells as blueprints for stronger, more durable concrete May 26th, 2016

Revealing the nature of magnetic interactions in manganese oxide: New technique for probing local magnetic interactions confirms 'superexchange' model that explains how the material gets its long-range magnetic order May 25th, 2016

Diamonds closer to becoming ideal semiconductors: Researchers find new method for doping single crystals of diamond May 25th, 2016

Announcements

Fast, stretchy circuits could yield new wave of wearable electronics May 30th, 2016

Automating DNA origami opens door to many new uses: Like 3-D printing did for larger objects, method makes it easy to build nanoparticles out of DNA May 30th, 2016

Simple attraction: Researchers control protein release from nanoparticles without encapsulation: U of T Engineering discovery stands to improve reliability and fabrication process for treatments to conditions such as spinal cord damage and stroke May 28th, 2016

Scientists illuminate a hidden regulator in gene transcription: New super-resolution technique visualizes important role of short-lived enzyme clusters May 27th, 2016

Military

Doubling down on Schrödinger's cat May 27th, 2016

Nanoscale Trojan horses treat inflammation May 24th, 2016

Programmable materials find strength in molecular repetition May 23rd, 2016

Rice de-icer gains anti-icing properties: Dual-function, graphene-based material good for aircraft, extreme environments May 23rd, 2016

Energy

Harnessing solar and wind energy in one device could power the 'Internet of Things' May 26th, 2016

Gigantic ultrafast spin currents: Scientists from TU Wien (Vienna) are proposing a new method for creating extremely strong spin currents. They are essential for spintronics, a technology that could replace today's electronics May 25th, 2016

Light can 'heal' defects in new solar cell materials: Defects in some new electronic materials can be removed by making ions move under illumination May 24th, 2016

Technique improves the efficacy of fuel cells: Research demonstrates a new phase transition from metal to ionic conductor May 18th, 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