General Nanotechnology Investment Thesis
"Nanotechnology will replace our entire manufacturing base with a new, radically more precise, radically less expensive, and radically more flexible way of making products."
"The anticipated payoff for mastering this technology is beyond any human accomplishment thus far."
Rarely does a new field of science and technology emerge that is not merely evolutionary, but promises revolution in many aspects of our lives. NANOTECNOLOGY is emerging as a new field that has the potential to transform health care and medicine, biotechnology, manufacturing, energy, and information processing. The essence of nanotechnology is the creation or utilization of materials and devices at the level of atoms and molecules and the exploitation of unique properties and phenomena at the nanoscale level.
Quotes about Nanotechnology:
zyvex.com
Nobel Laureate Dr. Richard Smalley, testifying before Congress during a hearing on nanotechnology on June 22, 1999, said:
"The impact of nanotechnology on health, wealth, and lives of people will be at least the equivalent of the combined influences of microelectronics, medical imaging, computer-aided engineering, and man-made polymers developed in this century."
Dr. Ralph Merkle, then with Xerox PARC, now Principal Fellow at Zyvex, also testified, stating:
"Nanotechnology will replace our entire manufacturing base with a new, radically more precise, radically less expensive, and radically more flexible way of making products."
Dr. Eugene Wong, Assistant Director of the Engineering Directorate at National Science Foundation, told the committee:
"Recent discoveries at this scale are promising to revolutionize biology, electronics, materials, and all their applications. We're seeing inventions and discoveries that were unimaginable only a short time ago."
The Chair of this subcommittee, Congressman Nick Smith (R-Michigan) stated:
"Nanotechnology holds great promise for breakthroughs in health, manufacturing, agriculture, energy use, and national security." Congressman Smith also noted that the United States does not dominate nanotechnology, saying: "A significant amount of research is underway in Europe, and, especially, Japan."
"Mankind is close to having the technology to take the next step to true molecular nanotechnology; atomically precise manufacturing using arrays of billions of molecular machines. It is an understatement to say this will transform the world more than the semiconductor revolution."
President Clinton announced in January his National Nanotechnology Initiative, including $500 million for nanotechnology research and education in his 2000 fiscal budget.
"Imagine the possibilities: Materials with 10 times the strength of steel and only a small fraction of the weight, shrinking all the information housed at the Library of Congress into a device the size of a sugar cube," Clinton said at the California Institute of Technology when announcing the plan.
SUMMATION:
NANOTECHNOLOGY is the true paradigm that will shift all segments of society and marks a departure from all historic economic, societal and political relationships creating tremendous changes across all sectors of life! Commercial applications are now being rolled out at this moment!
When approaching any area of industry from the nano-particle level, any product or device generated from the molecular or atomic level sets a brand new paradigm for that industry. Imagine the tremendous paradigm shift that nanotechnology is going to cause to ALL industries.
NATIONAL NANOTECHNOLOGY INITIATIVE
FOR IMMEDIATE RELEASE
FRIDAY, JANUARY 21, 2000
PRESIDENT CLINTON'S BUDGET MAKES INVESTMENTS IN NATIONAL NANOTECHNOLOGY INITIATIVE: LEADING TO THE NEXT INDUSTRIAL REVOLUTION January 21, 2000
WHITE HOUSE NEWS March 14, 2000
"A new $495 million National Nanotechnology Initiative. Nanotechnology - the ability to manipulate individual atoms and molecules - could revolutionize the 21st century in the same way that the transistor and the Internet led to the Information Age. Increased investments in nanotechnology could lead to breakthroughs such as molecular computers that can store the contents of the Library of Congress in a device the size of a sugar cube, and new materials as strong as steel but ten times lighter. " |
