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February 16th, 2010

Report highlights nanotech retreat

Abstract:
The number of Australian companies in a nanotechnology market likely to be worth trillions of dollars within a decade has plummeted, according to an Australian Academy of Science report.

Federal government reports previously put at about 80 the number of companies engaged in the technology underlying a burgeoning global market.

But now there are only 55 to 60, say nanotechnology experts cited in the academy report, to be released next week.

The report, titled Nanotechnology in Australia: Trends, Applications and Collaborative Opportunities, is due to be launched by Innovation, Industry, Science and Research Minister Kim Carr on Monday.

Source:
theaustralian.com.au

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