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Central Texas’ strong concentration of companies focused on nanotechnologies should be excited about the recent news regarding Nanotailor Inc. The Austin-based company, focused on creating lower costs for nanomaterials, has licensed a NASA process for producing single-walled carbon nanotubes. Even more exciting is that he company plans on producing commercial quantities by the end of 2007. And, given that by 2014 the amount of products expected to be produced with nanotechnology is expected to be approximately $3 trillion, providing the supplies and materials to other nontechnology companies could be a very lucrative field, especially since, according to Reginald Parker, Nanotailor’s chief technology officer, "all industries currently using multiwalled tubes will be able to benefit from this technology."
September 10, 2007
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