Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > 3M Invests in GoNano Technologies Inc.

Abstract:
3M, through its New Ventures Business, has invested in GoNano Technologies Inc., a developer and manufacturer of high surface area nanomaterials for pollution control, catalysis, composites and sensory technologies headquartered in Moscow, Idaho. Terms of the transaction were not disclosed.

3M Invests in GoNano Technologies Inc.

Moscow, ID | Posted on May 18th, 2011

GoNano Technologies applies its versatile silica-based Nanospring technology to solve problems for customers seeking high surface area next generation solutions such as catalytic converters, Carbon Capture & Recycle™ and continuous flow reactors. GoNano Technologies was founded in 2007 for the purpose of commercializing the Nanospring technology platform, which was developed over a decade long collaboration between Washington State University and University of Idaho.

"GoNano Technologies' unique technology platform offers significant performance improvements for chemical flow reactions that benefit from large surface areas," Stefan Gabriel, president, 3M New Ventures, said. "The combination of this potentially game-changing nanomaterial with our technology platforms further stimulates disruptive innovation and creates new business opportunities in the catalytic conversion space for 3M."

"3M is recognized as a global technology leader in the materials industry," said Tim Kinkeade, Chief Executive Officer of GoNano Technologies Inc. "We are excited to partner with a company that shares our strong commitment to innovation and we look forward to working with 3M to advance transformational products and processes based on the Nanospring platform."

Forward-Looking Statements
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the future plans, strategies and objectives of management. Other risks, uncertainties and assumptions are described in 3M's SEC reports, including but not limited to the risks described under "Risk Factors" in Part I, Item 1A of the Annual Report on Form 10-K for its fiscal year ended December 31, 2010 and in Part II, Item 1A in the Quarterly Reports on Form 10-Q for the fiscal quarter ended September 30, 2010. 3M assumes no obligation and does not intend to update these forward-looking statements.

Nanospring is a trademark of GoNano Technologies Inc.

####

About GoNano Technologies, Inc.
GoNano Technologies develops and manufactures environmentally friendly high surface area nanomaterials for pollution control, catalysis, composites and sensory technologies. The company's patent-pending nanomaterials provide a scalable, industry compatible, low cost platform for highly efficient solutions. More information may be found at www.gonano-9.com. GoNano Technologies, Inc can be reached at 208-892-2000. GoNano Technologies is privately held and is headquartered in Moscow, Idaho.

About 3M

3M captures the spark of new ideas and transforms them into thousands of ingenious products. Our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3M is the innovation company that never stops inventing. With $27 billion in sales, 3M employs about 80,000 people worldwide and has operations in more than 65 countries. For more information, visit www.3M.com or follow @3MNews on Twitter.

Contacts:
GoNano Technologies, Inc.
Aziz Makhani, 208-892-2000
Director of Marketing and Sales

or
3M Media Contact:
Donna Fleming Runyon
651-736-7646
or
3M Investor Contacts:
Matt Ginter, 651-733-8206

Copyright © Business Wire

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

CubeSat Structures Competition Opens Space Design to Students of the World December 16th, 2017

Record high photoconductivity for new metal-organic framework material December 15th, 2017

Error-free into the quantum computer age December 15th, 2017

Leti Will Demonstrate First 3D Anti-Crash Solution for Embedding in Drones: Fitted on a Mass-Market Microcontroller, 360Fusion Software Technology Detects any Dynamic Obstacle and Helps Guide Drones Away from Collisions December 15th, 2017

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

180 Degree Capital Corp. Leads Investment in TheStreet, Inc.; Investment Enables Removal of Capital Structure Overhang November 14th, 2017

180 Degree Capital Corp. Appoints Investment Banking Veteran Parker Weil to Its Board of Directors August 2nd, 2017

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Sensors

Record high photoconductivity for new metal-organic framework material December 15th, 2017

Leti Will Demonstrate First 3D Anti-Crash Solution for Embedding in Drones: Fitted on a Mass-Market Microcontroller, 360Fusion Software Technology Detects any Dynamic Obstacle and Helps Guide Drones Away from Collisions December 15th, 2017

Leti to Demo Wristband with Embedded Sensors to Diagnose Sleep Apnea: APNEAband, Which Will Be Demonstrated at CES 2018, Also Monitors Mountain Sickness, Dehydration, Dialysis Treatment Response and Epileptic Seizures December 12th, 2017

Leti Develops World’s First Micro-Coolers for CERN Particle Detectors: Leti Design, Fabrication and Packaging Expertise Extends to Very Large Scientific Instruments December 11th, 2017

Materials/Metamaterials

Record high photoconductivity for new metal-organic framework material December 15th, 2017

A new product to help combat mouldy walls, thanks to technology developed at the ICN2 December 14th, 2017

Creating a new kind of metallic glass December 7th, 2017

Copper will replace toxic palladium and expensive platinum in the synthesis of medications: The effectiveness of copper nanoparticles as a catalyst has been proven December 5th, 2017

Announcements

CubeSat Structures Competition Opens Space Design to Students of the World December 16th, 2017

Record high photoconductivity for new metal-organic framework material December 15th, 2017

Error-free into the quantum computer age December 15th, 2017

Leti Will Demonstrate First 3D Anti-Crash Solution for Embedding in Drones: Fitted on a Mass-Market Microcontroller, 360Fusion Software Technology Detects any Dynamic Obstacle and Helps Guide Drones Away from Collisions December 15th, 2017

Automotive/Transportation

Sandia researchers make solid ground toward better lithium-ion battery interfaces: Reducing the traffic jam in batteries December 13th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Chinese market opens up for Carbodeon nanodiamonds: Carbodeon granted Chinese Patent for Nanodiamond-containing Thermoplastic Thermal Compounds December 4th, 2017

The next generation of power electronics? Gallium nitride doped with beryllium: How to cut down energy loss in power electronics? The right kind of doping November 9th, 2017

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