Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > News > U.S. IPOs' Slide, Nanotech's Slump, Citi's Offer: David Wilson

March 13th, 2007

U.S. IPOs' Slide, Nanotech's Slump, Citi's Offer: David Wilson

Abstract:
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.

Source:
bloomberg.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

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

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals

Nano Ruffles in Brain Matter: Freiburg researchers decipher the role of nanostructures around brain cells in central nervous system function October 31st, 2014

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Device invented at Johns Hopkins provides up-close look at cancer on the move: Microscopic view of metastasis could give insight about how to keep cancer in check October 31st, 2014

Production of Biocompatible Polymers in Iran October 30th, 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