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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 307.20+2.0%3:59 PM EST

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To: Proud_Infidel who wrote (10980)7/24/2004 8:32:47 AM
From: Proud_Infidel  Read Replies (1) of 25522
 
DoD spending bill includes nanotechnology funds

Silicon Strategies
07/23/2004, 6:00 PM ET


WASHINGTON — Congress approved funding this week included in a military appropriations bill to continue nanotechnology research at the University of Oregon.

The Pentagon spending bill approved Thursday (July 22) included $8 million in nanotechnology research funding earmarked for the University of Oregon (Eugene). Of that total, $5 million will go towards continuing research at the Oregon Nanoscience and Microtechnologies Institute.

The funding includes $2.5 million for research on developing environmentally-friendly nanotechnology materials and manufacturing processes and $2.5 million for development of miniaturized energy systems with broad applications, the university said.

Funding for specific technology projects is often tucked away in large federal spending legislation. The military spending bill for fiscal 2005 totaled $417.5 billion.
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