Home > News > Nanotechnology Venture Deal Signed
October 15th, 2008
Nanotechnology Venture Deal Signed
Abstract:
The State Nanotechnology Corporation, engine builder Saturn and Gazprombank signed a contract Wednesday to create a joint venture that will build equipment for the aviation and engineering industries.
The agreement, worth an estimated 1 billion rubles ($38.3 million), is the first deal for the nanotechnology corporation since President Dmitry Medvedev asked former UES chief Anatoly Chubais to head the company, also known as Rosnano, last month.
"This project will be highly effective financially," Rosnano managing director Sergei Polikarpov said in a statement. "The creation of a metal-cutting tool with a nanostructure covering marks a significant contribution to the competitiveness of Russian engine building."
The special coating will allow the tools to be used up to a dozen times, while going through more than double the amount of metal they are normally able to cut, the statement said.
Source:
moscowtimes.ru
Bookmark:
| Related News Press |
News and information
Electrifying results shed light on graphene foam as a potential material for lab grown cartilage June 6th, 2025
Quantum computers simulate fundamental physics: shedding light on the building blocks of nature June 6th, 2025
A 1960s idea inspires NBI researchers to study hitherto inaccessible quantum states June 6th, 2025
VC/Funding/Angel financing/Loans/Leases/Crowdfunding
Graphene Flagship start-up Bedimensional closes a second €10 million investment round February 10th, 2023
180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021
Announcements
Electrifying results shed light on graphene foam as a potential material for lab grown cartilage June 6th, 2025
Quantum computers simulate fundamental physics: shedding light on the building blocks of nature June 6th, 2025
A 1960s idea inspires NBI researchers to study hitherto inaccessible quantum states June 6th, 2025
Aerospace/Space
Onion-like nanoparticles found in aircraft exhaust May 14th, 2025
Flexible electronics integrated with paper-thin structure for use in space January 17th, 2025
The National Space Society Congratulates SpaceX on Starship’s 7th Test Flight: Latest Test of the Megarocket Hoped to Demonstrate a Number of New Technologies and Systems January 17th, 2025
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||