Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

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

Animal study shows flexible, dissolvable silicon device promising for brain monitoring: Other applications include post-operative observation for vascular, cardiac, and orthopaedic procedures, finds Penn study May 5th, 2016

Speedy ion conduction in solid electrolytes clears road for advanced energy devices May 5th, 2016

Engineers create a better way to boil water -- with industrial, electronics applications May 5th, 2016

Clues on the path to a new lithium battery technology: Charging produces highly reactive singlet oxygen in lithium air batteries May 5th, 2016

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

ORIG3N Added to Companies Presenting at Harris & Harris Group's Annual Meeting, Tuesday June 7, 2016, the New York Genome Center April 27th, 2016

Philadelphia Mathematician Robert Clark Turns to Crowdfunding to Support Nanotechnology Research That Could Lead to ‘Flying’ Cars and Space Elevator April 4th, 2016

Harris & Harris Group Announces Formation of Co-Investment Fund for Accredited Investors March 9th, 2016

Clinatec Announces €30M Fundraising Campaign to Speed Research In Treatment of Neurodegenerative Diseases, Cancer and Motor Disabilities February 24th, 2016

Announcements

Speedy ion conduction in solid electrolytes clears road for advanced energy devices May 5th, 2016

Engineers create a better way to boil water -- with industrial, electronics applications May 5th, 2016

Clues on the path to a new lithium battery technology: Charging produces highly reactive singlet oxygen in lithium air batteries May 5th, 2016

Unique nano-capsules promise the targeted drug delivery: Russian scientists created unique nano-capsules for the targeted drug delivery May 5th, 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