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

Chemical cages: New technique advances synthetic biology February 10th, 2016

New thin film transistor may lead to flexible devices: Researchers engineer an electronics first, opening door to flexible electronics February 10th, 2016

Making sense of metallic glass February 9th, 2016

Electron's 1-D metallic surface state observed: A step for the prediction of electronic properties of extremely-fine metal nanowires in next-generation semiconductors February 9th, 2016

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

Harris & Harris Group Portfolio Company, Magic Leap, Raises $793.5 Million in New Funding February 3rd, 2016

Israel: A Nanotech Superpower: Did you know that Israel is a hotbed for nanotechnology research and development? February 1st, 2016

Nanostart AG: Capital increase and realignment December 31st, 2015

Google Announces Results From Two Years of Testing on Quantum Computers Made by Harris & Harris Group Portfolio Company, D-Wave Systems December 9th, 2015

Announcements

Chemical cages: New technique advances synthetic biology February 10th, 2016

New thin film transistor may lead to flexible devices: Researchers engineer an electronics first, opening door to flexible electronics February 10th, 2016

Superconductivity: Footballs with no resistance - Indications of light-induced lossless electricity transmission in fullerenes contribute to the search for superconducting materials for practical applications February 9th, 2016

SUNY Poly and GLOBALFOUNDRIES Announce New $500M R&D Program in Albany To Accelerate Next Generation Chip Technology: Arrival of Second Cutting Edge EUV Lithography Tool Launches New Patterning Center That Will Generate Over 100 New High Tech Jobs at SUNY Poly February 9th, 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