- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
March 13th, 2007
Nanotechnology companies were all the rage in the U.S. stock market three years ago. The idea of working with particles smaller than 100 nanometers, or one 10-millionth of a meter, was enough to draw investors. Now it takes backing from the likes of Lockheed Martin Corp., the world's largest defense company, and AES Corp., a power producer, to get them excited even for a day.
Shares of Lumera Corp. surged 24 percent yesterday after the Bothell, Washington-based company signed an agreement to provide electro-optic materials, used in electronic equipment, to Lockheed Martin. Terms weren't disclosed.
The announcement was made a week after Altair Nanotechnologies Inc., a Reno, Nevada-based provider of nanotechnology for batteries and other products, said AES purchased a 1.5 percent stake for $3 million.
|Related News Press|
Arrowhead to Present at Jefferies 2015 Healthcare Conference May 27th, 2015
Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers
Stanford breakthrough heralds super-efficient light-based computers: Light can transmit more data while consuming far less power than electricity, and an engineering feat brings optical data transport closer to replacing wires May 29th, 2015