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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (6059)5/8/2003 10:07:43 AM
From: dantecristo  Read Replies (2) | Respond to of 25522
 
Are AMAT's bathrooms safe
now that Susan B. Felch is around?
geocities.com



To: Proud_Infidel who wrote (6059)5/8/2003 2:41:42 PM
From: Proud_Infidel  Read Replies (2) | Respond to of 25522
 
Nanotechnology bill approved in the House

By George Leopold
EE Times
(05/08/03 11:45 a.m. EST)

WASHINGTON — The U.S. House of Representatives overwhelmingly approved oversight legislation on Wednesday (May 7) authorizing a national nanotechnology research and development program.

By a vote of 405-19, House members approved a three-year spending plan totaling $2.36 billion for nanotechnolgy R&D programs for the National Science Foundation, the departments of Commerce and Energy and the Environmental Protection Agency. The Defense Department is also spending millions on nanotechnology research.

The House bill is designed to coordinate research among the different agencies and promote commercialization of nanotechnology applications. "Nanotechnology has the potential to become a $1 trillion global market in a little over 10 years, and as such, countries around the world are in a race to develop their nanotechnology industries," said Rep. Mike Honda, D-Calif, a chief sponsor of the legislation.

The President's Council of Advisors on Science and Technology is preparing a nanotechnology game plan that calls for delivering a set of primary objectives for a U.S. research program by the end of the summer. The strategy would include recommendations on "grand challenges" and strategic goals that could be used in developing a fiscal 2005 budget request. The recommendations would not cover spending levels, only how federal funds should be spent.

The group said it would continue to monitor the initiative through the summer of 2004. It is working with a National Nanotechnology Coordination Office to formulate the plan.

Similar nanotechnology legislation introduced in the Senate is expected to be approved shortly.