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Home > News > US No Longer On Top When It Comes To Nanotechnology

March 26th, 2010

US No Longer On Top When It Comes To Nanotechnology

Abstract:
In a report issued to President Barack Obama on Thursday, his Council of Advisors on Science and Technology said that the United States needs to invest more in nanotechnology if it wants to maintain a global lead in the promising field.

The council reported that between 2003 and 2008, US public and private nanotechnology investments grew at about 18 percent annually, compared to 27 percent throughout the world.

To achieve strategic funding, NNI proposed a $2 million budget increase, up from the current $3 million. The funds would strengthen the National Nanotechnology Coordinating Office, which oversees the group. The report has also recommended that NNI increase its investment in manufacturing of nanomaterials by 100 percent over the next five years.

Source:
redorbit.com

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