Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > News > From a small town, the world's smallest technology

June 27th, 2008

From a small town, the world's smallest technology

Abstract:
To most Minnesotans, Rushford may be best known as the city nearly washed away by the flooding that ravaged the southeast corner of the state last summer.

But if Daniel Fox is successful, the rural community may soon be better known for a more positive - if unusual - word association: nanotechnology.

Nanotechnology involves the manipulation of matter at 100 nanometers or less on the atomic and molecular scale. To put that into perspective, a nanometer is one billionth of a meter; one meter is equivalent to 1.094 yards. Scientists say the size differential between a nanometer and a meter is like comparing a marble to the earth.

The idea is to think small, very small.

As it draws on a variety of disciplines, including physics, chemistry, materials science and mechanical engineering, nanotechnology has a broad range of applications: drug delivery, sensors in cars, coatings on medical devices such as artificial joints, to name just a few.

Fox, founder and CEO of Rushford Hypersonic, said his company will provide coating materials that can improve the performance of cutting tools such as knives and drill bits. Rushford Hypersonic, which is billed as the first rural nanotech startup in the state, licensed the technology from the University of Minnesota, where it was developed by faculty members.

In May, Rushford Hypersonic obtained a matching funds loan from the Rushford City Council for equipment purchases as much as $500,000, Fox said.

Why locate in Rushford?

The answer is largely due to the presence of the nonprofit Rushford Institute for Nanotechnology, which played a pivotal role in helping Fox license the technology from the University of Minnesota and get set up in the small town.

Kevin Klungtvedt, founder and chairman of the Rushford Institute for Nanotechnology, said the goal of the institute, which was conceived in 2001, is threefold: to establish small nano firms in the area, get them to share ideas for products in which they don't compete, and to educate the public about the technology.

Source:
finance-commerce.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

180 Degree Capital Corp. Leads Investment in TheStreet, Inc.; Investment Enables Removal of Capital Structure Overhang November 14th, 2017

180 Degree Capital Corp. Appoints Investment Banking Veteran Parker Weil to Its Board of Directors August 2nd, 2017

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Announcements

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

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