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

Harris & Harris Group Notes Announcements by Its Portfolio Companies During the Third Quarter of 2016 September 30th, 2016

INVECAS to Enable ASIC Designs for Tomorrows Intelligent Systems on GLOBALFOUNDRIES' FDX Technology: INVECAS to Collaborate with GLOBALFOUNDRIES to Provide IP and End-to-End ASIC Design Services on 22FDX and 12FDX Technologies September 30th, 2016

How to power up graphene implants without frying cells: New analysis finds way to safely conduct heat from graphene to biological tissues September 30th, 2016

Innovation in Nanotechnology is Focus of Symposium: Annual event brings international experts to Northwestern Oct. 6 September 29th, 2016

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

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Announcements

Harris & Harris Group Notes Announcements by Its Portfolio Companies During the Third Quarter of 2016 September 30th, 2016

INVECAS to Enable ASIC Designs for Tomorrows Intelligent Systems on GLOBALFOUNDRIES' FDX Technology: INVECAS to Collaborate with GLOBALFOUNDRIES to Provide IP and End-to-End ASIC Design Services on 22FDX and 12FDX Technologies September 30th, 2016

How to power up graphene implants without frying cells: New analysis finds way to safely conduct heat from graphene to biological tissues September 30th, 2016

Innovation in Nanotechnology is Focus of Symposium: Annual event brings international experts to Northwestern Oct. 6 September 29th, 2016

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







Car Brands
Buy website traffic