Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > NanoMech Receives Department of Energy Grant to Expand Nanolubricant Production

Abstract:
Funds will prepare the way for large-scale manufacture of environmentally friendly lubricant

NanoMech Receives Department of Energy Grant to Expand Nanolubricant Production

Springdale, AR | Posted on May 11th, 2010

The Office of Science in the Department of Energy (DOE) has awarded NanoMech, LLC a grant for $150,000 to demonstrate the viability of large-scale manufacturing of NanoGlide®. NanoGlide is a platform technology lubricant with unique properties that significantly reduces friction and mechanical component wear in extreme pressure conditions in applications ranging from earth movers to helicopters and automobiles. Created from nanoparticle research at the University of Arkansas under the direction of NanoMech CTO and UA professor Dr. Ajay P. Malshe, NanoMech has an exclusive license to commercialize this patent-pending technology.

Friction is one of the major reasons for failure of vital engineering components and systems used in aerospace, military, and industrial applications. The annual cost of friction and wear-related energy and material losses is estimated to be over $700 billion - 5% to 7% of the United State's $14 trillion gross national product.

"NanoMech has proven its NanoGlide product can reduce friction and wear in key applications thereby improving productivity and reducing cost," said Neil Canter, a lubricant industry expert and a Contributing Editor to the industry's widely-read Tribology and Lubrication Technology magazine. "This contract will enable NanoMech to develop the capability to produce NanoGlide in commercial quantities."

"This grant, along with the recently announced contract with the Office of Naval Research, will allow NanoMech to accelerate the commercialization and market acceptance of this disruptive material. In addition to the jobs created from this scale-up activity, we are excited to be expanding Arkansas' first nanomanufacturing facility with such a significant new product," said Keith Blakely, NanoMech's Chief Executive Officer.

When scale-up is completed, NanoMech will be able to produce these advanced lubricants and related products in a variety of forms such as an additive for oils or greases, a paste, or an aerosol spray.

Added Jim Phillips, NanoMech's Chairman, "NanoMech continues to gain nationwide recognition for applying breakthrough technology to solving major real world problems. The grant from the Department of Energy is the latest example of NanoMech's unique ability to address important issues with national energy and environmental implications."

The grant is part of a Phase I Small Business Innovation Research (SBIR) award funded by the American Recovery and Reinvestment Act of 2009. If this project is successful, it could lead to a Phase II grant of up to $1 million.

####

About NanoMech
NanoMech, a technology company based in Springdale, Ark., is a designer and manufacturer of innovative application-specific nanoparticle additives, nanoparticle-based coatings and coating deposition systems. The company was recently recognized for “Excellence in Innovation” by the U.S. Department of Commerce.

CEO Keith Blakely will be a keynote speaker at the Nano Renewable Energy Summit in Denver, Colorado on May 24, 2010.

For more information, please click here

Contacts:
Bob Fink
479-582-2521


John Riggins
501-765-4999

Copyright © NanoMech

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

SEMATECH to Showcase Innovation and Advances in Manufacturing at SEMICON Japan 2014: SEMATECH experts will share the latest techniques, emerging trends and best practices in advanced manufacturing strategies and methodologies November 26th, 2014

Australian startup creates world’s first 100% cotton hydrophobic T-Shirts November 26th, 2014

The mysterious 'action at a distance' between liquid containers November 26th, 2014

'Giant' charge density disturbances discovered in nanomaterials: Juelich researchers amplify Friedel oscillations in thin metallic films November 26th, 2014

Announcements

SEMATECH to Showcase Innovation and Advances in Manufacturing at SEMICON Japan 2014: SEMATECH experts will share the latest techniques, emerging trends and best practices in advanced manufacturing strategies and methodologies November 26th, 2014

Australian startup creates world’s first 100% cotton hydrophobic T-Shirts November 26th, 2014

The mysterious 'action at a distance' between liquid containers November 26th, 2014

'Giant' charge density disturbances discovered in nanomaterials: Juelich researchers amplify Friedel oscillations in thin metallic films November 26th, 2014

Patents/IP/Tech Transfer/Licensing

Dicerna Announces License Agreement with Tekmira to Advance Dicerna’s PH1 Development Program November 17th, 2014

First genetic-based tool to detect circulating cancer cells in blood: NanoFlares light up individual cells if breast cancer biomarker is present November 17th, 2014

Ki-Bum Lee Patents Technology To Advance Stem Cell Therapeutics November 13th, 2014

'Direct writing' of diamond patterns from graphite a potential technological leap November 5th, 2014

Automotive/Transportation

Purdue 3-D printing innovation capable of making stronger, lighter metal works for auto, aerospace industries November 20th, 2014

OCSiAl Builds Worldwide Partnership Network November 12th, 2014

NEI Development Update on NANOMYTE® TC-5001, a Protective Coating for Zinc-Plated and Galvanized Steel November 8th, 2014

ORNL thermomagnetic processing method provides path to new materials November 6th, 2014

Grants/Awards/Scholarships/Gifts/Contests/Honors/Records

Renishaw receives Queen's Award for spectroscopy developments November 25th, 2014

A*STAR SIMTech wins international award for breaking new ground in actuators: SIMTech invention can be used in an array of industries, and is critical for next generation ultra-precision systems November 24th, 2014

SUNY Poly Student Awarded Fellowship with the U.S. Department of Energy's Postgraduate Research Program: Ph.D. Candidate Accepts Postmaster's Appointment To Conduct Research At Albany NanoTech Complex November 13th, 2014

MEMS Industry Group's 10th Annual Executive Conference Showcases Rapid Innovation in MEMS/Sensors: Emphasizes Spirit of Collaboration, Supporting First Open-Source Algorithm Community, New Standardization Efforts November 10th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE