Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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 Issues Letter to Shareholders and Information for Shareholder Call on Tuesday, November 15, 2016 November 14th, 2016

Harris & Harris Group Issues Business Update and Reports Financial Statements as of September 30, 2016 November 9th, 2016

Forge Nano raises $20 million in Series A Funding: Nano coating technology innovator Forge Nano will use funding to expand manufacturing capacity and grow Lithium-Ion battery opportunities November 3rd, 2016

Harris & Harris Group Notes Announcements by Its Portfolio Companies During the Third Quarter of 2016 September 30th, 2016

Nanomedicine

UTSA study describes new minimally invasive device to treat cancer and other illnesses: Medicine diffusion capsule could locally treat multiple ailments and diseases over several weeks December 3rd, 2016

Nanobiotix Provides Update on Global Development of Lead Product NBTXR3: Seven clinical trials across the world: More than 2/3 of STS patients recruited in the “act.in.sarc” Phase II/III trial: Phase I/II prostate cancer trial now recruiting in the U.S. November 28th, 2016

From champagne bubbles, dance parties and disease to new nanomaterials: Understanding nucleation of protein filaments might help with Alzheimer's Disease and type 2 Diabetes November 24th, 2016

Nanopolymer-modified protein array can pinpoint hard-to-find cancer biomarker November 17th, 2016

Sensors

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Tip-assisted chemistry enables chemical reactions at femtoliter scale November 16th, 2016

'Back to the Future' inspires solar nanotech-powered clothing November 15th, 2016

Engineers develop new magnetic ink to print self-healing devices that heal in record time November 7th, 2016

Materials/Metamaterials

Inside tiny tubes, water turns solid when it should be boiling: MIT researchers discover astonishing behavior of water confined in carbon nanotubes November 30th, 2016

From champagne bubbles, dance parties and disease to new nanomaterials: Understanding nucleation of protein filaments might help with Alzheimer's Disease and type 2 Diabetes November 24th, 2016

Uncovering the secrets of friction on graphene: Sliding on flexible graphene surfaces has been uncharted territory until now November 23rd, 2016

2-D material a brittle surprise: Rice University researchers finds molybdenum diselenide not as strong as they thought November 14th, 2016

Announcements

UTSA study describes new minimally invasive device to treat cancer and other illnesses: Medicine diffusion capsule could locally treat multiple ailments and diseases over several weeks December 3rd, 2016

Novel Electrode Structure Provides New Promise for Lithium-Sulfur Batteries December 3rd, 2016

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Military

Quantum obstacle course changes material from superconductor to insulator December 1st, 2016

Physics, photosynthesis and solar cells: Researchers combine quantum physics and photosynthesis to make discovery that could lead to highly efficient, green solar cells November 30th, 2016

New method for analyzing crystal structure: Exotic materials called photonic crystals reveal their internal characteristics with new method November 30th, 2016

Inside tiny tubes, water turns solid when it should be boiling: MIT researchers discover astonishing behavior of water confined in carbon nanotubes November 30th, 2016

Energy

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Throwing new light on printed organic solar cells December 1st, 2016

Physics, photosynthesis and solar cells: Researchers combine quantum physics and photosynthesis to make discovery that could lead to highly efficient, green solar cells November 30th, 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