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Home > News > Russian stake in firm grows

October 13th, 2007

Russian stake in firm grows

Smart Hydrogen's interest in Plug mirrors a similar interest by Russia's industrialists in technology, especially nanotechnology, a major focus of the Capital Region.

The Financial Times reported Oct. 2 that Prokhorov is planning to devote a portion of a new $17 billion investment fund to pay for nanotechnology research, especially for hydrogen-power fuel cells.


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