Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Nanostart increases investment in cleantech company Namos GmbH

Abstract:
Shareholding rises from 15 to 26 percent
Cleantech breakthrough based on nanotechnology
Saves 50 percent of precious metals in production of automotive catalytic converters

Nanostart increases investment in cleantech company Namos GmbH

Frankfurt / Dresden | Posted on January 5th, 2010

Nanostart AG, the leading nanotechnology investment company, is raising its shareholding in Namos GmbH, the pioneering cleantech developer based in the eastern German city of Dresden, from 15 to 26 percent. The ERP Start Fund, which is a joint program of the Kreditanstalt für Wiederaufbau (KfW), the German government-owned development bank, and the German Federal Ministry of Economics and Technology, is likewise increasing its shareholding.

Marco Beckmann, CEO of Nanostart AG, commented on the investment increase: "The technology from Namos is nothing short of revolutionary. It substantially reduces the consumption of precious metals, thus saving enormous costs in the production of catalytic converters. With more than one quarter of this company now belonging to Nanostart, we are in an extremely favorable position."

The new technology developed by Namos should enable the savings of about one half of all precious metals currently required for the production of automotive catalytic converters. The proprietary process from Namos is based on a bionanotechnological coating which is applied to the ceramic substrate used in catalytic converters. Approx. 230 metric tons of "new," non-recycled precious metals are currently consumed each year to produce automotive catalytic converters, corresponding to an annual value of USD 8.3 billion. Roughly half of this amount, more than USD 4 billion, could be saved through the new technology from Namos.

The additive used in the process can be produced at minimal cost using bionanotechnology. Because it does not remain in the finished catalytic converters, it cannot have any negative long-term effects. It contains no harmful chemicals and has a shelf life of several years.

Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of offers to purchase or subscribe to securities. There will be no public offering of securities of Nanostart AG in conjunction with the existing listing of its shares in the "Entry Standard" segment of the regulated unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This notice does not constitute a securities prospectus. Neither this notice nor the information contained within is intended for direct or indirect distribution within the United States of America, Canada, Australia or Japan.

####

About Nanostart
Nanostart AG is the world’s leading nanotechnology investment company. The Frankfurt-based company provides venture capital financing for nanotechnology companies in various growth phases. It also provides the benefits of its experience and expertise to developers of financial instruments and to investors in the nanotechnology sector.

About Namos

Namos GmbH develops highly innovative coatings based on aqueous solutions, with a focus on nanostructured surfaces which offer uniquely advantageous characteristics. Rather than producing these with a large number of complex process steps, these are produced using biomolecules which use their inherent “intelligence” to organize themselves in certain ways into the desired structures. The company has long maintained intensive contacts with leading-edge research centers, particularly within the area of Dresden. The customers and cooperation partners of Namos include renowned major corporations as well as smaller and specialized companies. For further information, please visit www.namos.de.

For more information, please click here

Contacts:
Media contact:
Nanostart AG
Public Relations
Dr. Hans Joachim Dürr
Goethestrasse 26-28
D-60313 Frankfurt
Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 122

Copyright © Nanostart

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Ageing can drive progress: Population ageing is likely to boost medicine, nanotechnology and robotics, but increase political risks July 27th, 2016

WSU researchers 'watch' crystal structure change in real time: Breakthrough made possible by new Argonne facility July 27th, 2016

Enhancing molecular imaging with light: New technology platform increases spectroscopic resolution by 4 fold July 27th, 2016

Chemistry

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

New reaction for the synthesis of nanostructures July 21st, 2016

Pushing a single-molecule switch: An international team of researchers from Donostia International Physics Center, Fritz-Haber Institute of the Max Planck Society, University of Liverpool, and the Polish Academy of Sciences has shown a new way to operate a single-molecule switch July 19th, 2016

Rice's 'antenna-reactor' catalysts offer best of both worlds: Technology marries light-harvesting nanoantennas to high-reaction-rate catalysts July 18th, 2016

Govt.-Legislation/Regulation/Funding/Policy

WSU researchers 'watch' crystal structure change in real time: Breakthrough made possible by new Argonne facility July 27th, 2016

Enhancing molecular imaging with light: New technology platform increases spectroscopic resolution by 4 fold July 27th, 2016

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

New lithium-oxygen battery greatly improves energy efficiency, longevity: New chemistry could overcome key drawbacks of lithium-air batteries July 26th, 2016

Possible Futures

Ageing can drive progress: Population ageing is likely to boost medicine, nanotechnology and robotics, but increase political risks July 27th, 2016

Enhancing molecular imaging with light: New technology platform increases spectroscopic resolution by 4 fold July 27th, 2016

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

New lithium-oxygen battery greatly improves energy efficiency, longevity: New chemistry could overcome key drawbacks of lithium-air batteries July 26th, 2016

Investments/IPO's/Splits

Nanometrics Announces Upcoming Investor Events July 20th, 2016

Keystone Nano selected as a top scoring company by NCI investor review panel July 19th, 2016

Arrowhead Pharmaceuticals to Present at Cantor Fitzgerald's 2nd Annual Healthcare Conference July 6th, 2016

Nanometrics to Participate in the 8th Annual CEO Investor Summit: Investor Event Held Concurrently with SEMICON West 2016 in San Francisco June 22nd, 2016

Announcements

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Ageing can drive progress: Population ageing is likely to boost medicine, nanotechnology and robotics, but increase political risks July 27th, 2016

WSU researchers 'watch' crystal structure change in real time: Breakthrough made possible by new Argonne facility July 27th, 2016

Enhancing molecular imaging with light: New technology platform increases spectroscopic resolution by 4 fold July 27th, 2016

Financial Reports

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

Nanometrics to Announce First Quarter Financial Results on April 26, 2016 April 5th, 2016

Environment

A 'smart dress' for oil-degrading bacteria July 24th, 2016

News from Quorum: The College of New Jersey use the Quorum Cryo-SEM preparation system in a project to study ice crystals in high altitude clouds July 19th, 2016

Researchers improve catalyst efficiency for clean industries: Method reduces use of expensive platinum July 8th, 2016

Electronic nose smells pesticides and nerve gas July 6th, 2016

Automotive/Transportation

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

New lithium-oxygen battery greatly improves energy efficiency, longevity: New chemistry could overcome key drawbacks of lithium-air batteries July 26th, 2016

Researchers improve catalyst efficiency for clean industries: Method reduces use of expensive platinum July 8th, 2016

Artificial synapse rivals biological ones in energy consumption June 21st, 2016

Nanobiotechnology

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Scientists test nanoparticle drug delivery in dogs with osteosarcoma July 26th, 2016

Accurate design of large icosahedral protein nanocages pushes bioengineering boundaries: Scientists used computational methods to build ten large, two-component, co-assembling icosahedral protein complexes the size of small virus coats July 25th, 2016

New remote-controlled microrobots for medical operations July 23rd, 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