Merger Creates Nanotechnology Powerhouse
16 May 2007Some industry analysts are speculating that the next Microsoft is around the corner—this one for the Nanotechnology industry—with the recent merger of Carbon Nanotechnologies, Inc and Unidym, Inc, two powerful players in the Nanotechnology market. The new company is called Unidym and is focusing on exploiting the commercial potential of carbon nanotubes.
Carbon nanotubes are cylindrical sheets of graphite with soccer-balled shaped caps at their ends. They are much sought after for their unique properties, useful for mechanical, electrical and optical applications. Stronger than steel, they are considerably lighter and can act as both conductors and insulators in a variety of settings.
Billions of dollars of investment money has been pouring into carbon nanotubes, but the manufacturing process has been, until recently, plagued by some thorny structural issues. CNI has successfully used laser ablation techniques to work around these problems and produce a high number of carbon nanotubes. Laser ablation uses laser pulses in a synthesis process to produce the nanotubes.
CNI was founded by Nobel Prize winner and chemist Richard Smalley, and the company currently serves as vendor of nanotubes to over 700 countries internationally. CNI is partnering with Unidym, which was founded to use carbon nanotubes as replacements for the transparent conducting oxide (TCO) films that are currently used in everything from flat panel displays to solar cells and light emitting diodes. TCO represents a more viable technology than the current ITO (indium tin oxide), which is hampered by limited supply and rising prices.
CNI and Unidym are a perfect match, and their combined resources and vision may very well make them a dominant player in the Nanotechnology products market.
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