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January 8th, 2008

Will 2008 See Products, IPOs, From Nano Firms?

Abstract:


Could 2008 be the year when nanotechnology starts to impact on the semiconductor industry?

At the beginning of this decade, many VC-backed nanotech companies started and, mostly failed, without bringing a product to market.

Since then the US National Nanotech Initiative has handed out $8 billion in R&D grants for nanotechnology work.

Caltech recently held a forum in which a number of nanotech companies reported on their productisation and IPO plans.

NanoGram of Milpitas, said it is working on solar power and LED applications, has raised $27m and plans to go public in 2009.

Unidym of Menlo Park is working on touch-screens with nanotech technology which is claimed to make the screens brighter and more robust. It is also aiming to IPO next year.

Source:
electronicsweekly.com

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