Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > News > Nanotech Wins a Convert

April 18th, 2007

Nanotech Wins a Convert

Billionaire investor Wilbur Ross, who has made most of his money restructuring failed companies in such unglamorous industries as steel, coal, and most recently, textiles, is not the kind of guy to jump on the latest technology fad. Therefore, when someone like Ross begins investing in nanotechnology, I believe it serves as further validation that the technology is moving into the mainstream.

Yesterday, I had the opportunity to hear Ross deliver a keynote presentation at the sixth NanoBusiness Alliance conference in New York City. In his talk, he explained how he pretty much stumbled into nanotechnology when he acquired Burlington Industries, a textile manufacturer, in a bankruptcy deal a few years ago. As part of that deal, he also acquired Nano-Tex, which Burlington then owned.


Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) March 20th, 2018

Nanometrics to Present at the 30th Annual ROTH Conference February 27th, 2018

180 Degree Capital Corp. Reports Net Asset Value per Share of $2.60 as of December 31, 2017; A Decrease of 3.0% From Prior Quarter and an Increase of 11.1% From December 31, 2016 February 27th, 2018

Nanowire LED Innovator Aledia Announces 30 ($36M) Million Series-C Financing: Intel Capital Joins Existing Investors to Commercialize Certain Nanowire-LED Technologies for Mobile Displays January 29th, 2018

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

Graphene oxide nanosheets could help bring lithium-metal batteries to market March 23rd, 2018

Piezomagnetic material changes magnetic properties when stretched March 22nd, 2018

Design approach developed for important new catalysts for energy conversion and storage: New method could aid in design of pharmaceuticals and optical and data storage materials March 21st, 2018

Leti and Inac Show Path to Creating Building Blocks of Quantum Processors With 28Si isotope in a CMOS Line: Fabrication of Isotopically Enriched, Industry-Compatible Wafers Points Way To Realizing Silicon Spin Quantum Bits with Enhanced Fidelity March 20th, 2018


Candy cane supercapacitor could enable fast charging of mobile phones August 17th, 2017

Carbodeon demonstrates NanoDiamond nickel coatings with enhanced tribological properties June 7th, 2017

New ultrafast flexible and transparent memory devices could herald new era of electronics April 1st, 2017

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

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project