Nanotechnology Now |
Home > News > For A123, Government Funding Brings Both Job Creation and Innovation, CEO Says
May 6th, 2010
For A123, Government Funding Brings Both Job Creation and Innovation, CEO Says
Abstract:
A123Systems president and CEO David Vieau says some investors have questioned whether the company's aggressive pursuit of federal funding for lithium-ion battery production is a sign that the company doesn't have a sustainble business without government support.
But for A123 (NASDAQ: AONE), "it really is about jobs," Vieu said yesterday at a fireside chat-style discussion at the IdeaStream Symposium, put on by MIT's Deshpande Center for Technological Innovation. "We do feel a sense of social responsibility to create jobs to the extent that we can do it and give our shareholders a good return."
A123, whose nanoscale electrode technology comes out of MIT, was initially funded in 2001 with a $100,000 grant from the U.S. Department of Energy, but grew over the last decade to pull off a $380 million IPO in September 2009.
Source:
xconomy.com
Bookmark:
| Related News Press |
News and information
Sound waves precisely position nanowires June 19th, 2013
Scientists Use Nanotechnology to Increase Thermal Stability of Essential Oils June 19th, 2013
Production of Bioactive Material for Quick Treatment of Bone Damages June 19th, 2013
Openings/New facilities/Groundbreaking/Expansion
American Graphite Technologies Inc. Announces New Manufacturing Facility for CTI Nanotechnologies LLC April 29th, 2013
Nanosponges soak up toxins released by bacterial infections and venom April 15th, 2013
Nanotechnology Industries Association launches new Website April 12th, 2013
Jobs
Govt.-Legislation/Regulation/Funding/Policy
Sound waves precisely position nanowires June 19th, 2013
3-D printing could lead to tiny medical implants, electronics, robots, more June 18th, 2013
Working backward: Computer-aided design of zeolite templates: Rice scientists apply drug-design lessons to production of industrial minerals June 17th, 2013
An Innovative material for the Green Earth: Simple and inexpensive process to make a material for CO2 adsorption June 17th, 2013
Investments/IPO's/Splits
Dr. Ben J. Lipps designated as Chairman of the Management Board and Chief Executive Officer of Nanostart-holding MagForce AG June 17th, 2013
Harris & Harris Group Notes Carl Zeiss' Planned Acquisition of Xradia June 13th, 2013
Energy
Polymer-coated catalyst protects "artificial leaf" June 17th, 2013
Efficient and inexpensive: Researchers develop catalyst material for fuel cells: Platinum-nickel nano-octahedra save 90 percent platinum June 17th, 2013
Nanoparticles helping to recover more oil June 15th, 2013
Nanoparticle Opens the Door to Clean-Energy Alternatives June 14th, 2013
Automotive/Transportation
Efficient and inexpensive: Researchers develop catalyst material for fuel cells: Platinum-nickel nano-octahedra save 90 percent platinum June 17th, 2013
Filmmaking magic with polymers June 12th, 2013
'Popcorn' particle pathways promise better lithium-ion batteries June 11th, 2013
Battery Technology/Capacitors/Generators/Piezoelectrics
Sound waves precisely position nanowires June 19th, 2013
3-D printing could lead to tiny medical implants, electronics, robots, more June 18th, 2013
Peratech's new QTC Ultra Touch Screen technology goes behind the display so there is no light loss and longer battery life June 18th, 2013
Unzipped nanotubes unlock potential for batteries: Rice University lab combines graphene nanoribbons with tin oxide for improved anodes June 13th, 2013
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
University Technology Transfer & Patents
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||
abbigliamento uomo
Computer Accessories
| © Copyright 1999-2013 7th Wave, Inc. All Rights Reserved | PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE |