Home > News > Tech firm files for Chapter 7 bankruptcy
July 28th, 2009
Tech firm files for Chapter 7 bankruptcy
NanoDynamics, once lauded for its high-tech job growth potential, is now headed for liquidation.
The Buffalo-based company on Monday filed for Chapter 7 bankruptcy, about a week after ceasing operations.
"The decision was made by Nano- Dynamics' board of directors as the company has been unable to raise the capital necessary for further development and commercialization of its products and technologies," the company said in a statement. "Chapter 7 will offer protection for the company's creditors as the bankruptcy process moves forward."
A subsidiary, NanoDynamics Energy, also filed for Chapter 7.
SUNY CNSE and Albany Law School Partner to Create First-of-its-Kind Nanotechnology Education and Training Program November 5th, 2013
US Court of Appeals characterizes Wyatt Technology Corporation Lanham Act claims as “groundless, unreasonable, vexatious or pursued in bad faith” May 31st, 2013
Fluidigm Files Lawsuit against NanoString’s Deceptive Marketing: Fluidigm Sues NanoString for False and Misleading Advertising under the Lanham Act November 8th, 2012
Photonic gels are colorful sensors: Rice, MIT researchers create thin-film polymer metamaterial with potential for many uses October 10th, 2012
Participate in the development of Malaysia’s National Graphene Action Plan 2020 October 10th, 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
SUNY Poly Welcomes DPS as the Global Engineering Firm Opens Its U.S. Advanced Technology Group Headquarters at Cutting-Edge ZEN Building November 20th, 2015
SUNY Poly CNSE Announces Milestone as M+W Group Opens U.S. Headquarters at Albany Nanotech Complex and Research Alliance Begins $105M Solar Power Initiative October 20th, 2015
UTSA study describes new minimally invasive device to treat cancer and other illnesses: Medicine diffusion capsule could locally treat multiple ailments and diseases over several weeks December 3rd, 2016
Novel Electrode Structure Provides New Promise for Lithium-Sulfur Batteries December 3rd, 2016
Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016
Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016
Harris & Harris Group Issues Business Update and Reports Financial Statements as of September 30, 2016 November 9th, 2016
Nanometrics Reports Second Quarter 2016 Financial Results July 26th, 2016
Nanobiotix revenue for Q2 2016 July 14th, 2016
Nanometrics to Announce Second Quarter Financial Results on July 26, 2016 July 6th, 2016