Home > News > Cambridge NanoTech protests stimulus funds going to Finland
May 16th, 2010
Cambridge NanoTech protests stimulus funds going to Finland
Abstract:
When Jill Becker received a notice last month that the company she founded, Cambridge NanoTech Inc., had not been awarded a government contract that was backed by stimulus funds, she was disappointed. When she saw that Sandia National Laboratories had awarded the contract to a company that is headquartered in Finland, she was stunned.
Cambridge NanoTech makes equipment for performing atomic layer deposition (ALD) - a method of very finely, at a nanoscale level, coating surfaces with a material. Sandia had sent out a request for quotations for ALD equipment, in a proposal titled "ARRA Funded: Atomic Layer Deposition System (ALD)." The equipment purchase for the New Mexico-based lab was being financed by funds from the American Recovery and Reinvestment Act.
The letter Sandia sent on April 9 informed Cambridge NanoTech that the award had gone to Picosun USA LLC, the Michigan-based North American headquarters of Finland's Picosun Oy. According to the website Recovery.org, the contract was valued at $364,290 and was just a part of an overall $3.6 million equipment upgrade program Sandia is undergoing using ARRA funds.
Source:
masshightech.com
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