Tag Archives: investments

Opalux, Inc., another Canadian company with an anti-counterfeiting strategy

On the heels (more or less) of my Jan. 17, 2011 posting about the Simon Fraser University-related start-up company, Nanotech Security, and its anti-counterfeiting technology based on the Morpho butterfly, I came across an article about a University of Toronto-related company, Oplaux, and its anti-counterfeiting technology which is based on opals and, again, the Morpho butterfly.  The Canada Foundation for Innovation article provides some details in the Fall/Winter 2009 issue of its Innovation Canada online magazine,

Inspired by the iridescent colours found in nature, such as butterfly wings, researchers at Opalux, a University of Toronto spin-off company, are recreating nature’s colours using nanotechnology. The “photonic colour” product that results can be switched on and off, offering applications in currency dyes and perishable food packaging. (p. 3)

The company is focused on more than anti-counterfeiting measures (as opposed to Nanotech Security) and food packaging, there’s also work being done on,

… a rechargeable battery whose changing surface colour indicates how much charge the battery currently holds and how much rechargeable life remains? (p. 3)

Opalux, derives its name and inspiration from opals (as well as, the Morpho butterfly mentioned previously). André Arsenault, one of Opalux’s co-founders and Chief Technology Officer, synthesized work from two researchers (Geoffrey Ozin and Ian Manners) at the University of Toronto to develop the notion of a ‘tunable and opal-like crystal’,

Ozin’s research involved the creation of synthetic nanostructures that, when exposed to light, mimic the visual qualities of an opal, the mineral renowned for its ability to appear as all colours of the rainbow. Manners was looking into producing artificial materials, particularly an iron-based polymer that could carry an electrical charge. For his thesis, Arsenault combined the two concepts to create a “tunable” opal-like crystal — a material in which you could control extremely rapid colour changes.

If you are interested in Opalux, the website is here. By contrast here’s a description of the work done by the researchers and nascent entrpreneurs at Simon Fraser University (SFU), from the Jan. 17, 2011 news release,

Imagine a hole so small that air can’t go through it, or a hole so small it can trap a single wavelength of light. Nanotech Security Corp., with the help of Simon Fraser University researchers, is using this type of nano-technology – 1,500 times thinner than a human hair and first of its kind in the world – to create unique anti-counterfeiting security features.

Landrock and Kaminska [Chris Landrock and Bozena Kaminska, SFU researchers) both continue their work as part of Nanotech’s scientific team. The company’s Nano-Optic Technology for Enhanced Security (NOtES) product stems from an idea originating in the purest form of nature – insects using colorful markings to identify themselves.

How this works is microscopic gratings composed of nanostructures interact with light to produce the shimmering iridescence seen on the Costa Rican morpho butterfly. The nanostructures act to reflect and refract light waves to produce the morpho’s signature blue wings and absorb other unwanted light.

There you have it, two different approaches to anti-counterfeiting and the beginnings of a possible case study about innovation in Canada.

Russia invests in Canadian nanotechnology? and flying microbots

There’s a delegation from RUSNANO (Russian Corporation of Nanotechnologies) making the rounds of Canadian nanotechnology firms in the hopes of finding some worthy investments. Officials from the company have also traveled to Finland, the US, Germany, Israel, and elsewhere as they search for companies to invest in. From the Nanowerk news article,

With $5 billion U.S. to work with, RUSNANO is one of the largest technology capital funds on the planet.

The company’s minimum investment will be $10M and they have an investment horizon of 10 years, contrasting strongly with private sector venture funds which often demand a faster return.

I gather this is a government funding agency since it has a  public policy focus,

The public policy imperative behind RUSNANO, which is only a year old, is to help Russia quickly build nano-production capacity to catch up to other powers, notably Japan and the United States, that have developed capacity in this area. “We lost a bit when our scientists when we were engaged in resolving our political problems and now we have to catch up rapidly,” said [Alexander] Losyukov [senior RUSNANO official].

Compare the $10M minimum investment from a $5B fund with Canada’s National Institute of Nanotechnology’s $20M annual budget, which is partly funded by the federal government. I know the federal government makes other investments but it all seems rather piecemeal when compared to other countries’ more unified and financially substantive approach to nanotechnology research and innovation.

In other news, a flying microbot has been created at the University of Waterloo (Ontario, Canada). It’s not precisely nano but it is pretty interesting. From Science Daily,

The microrobot defies the force of gravity by flying or levitating, powered by a magnetic field. It moves around and dexterously manipulates objects with magnets attached to microgrippers, remotely controlled by a laser-focusing beam.

There are more details here.

Healthy carbon nanotubes? or mesothelioma

It seems there are two studies that have been published about multiwalled, long carbon nanotubes having effects similar to asbestos on mice according to the International Council on Nanotechology’s backgrounder here. Short of looking up the articles in Nature Nanotechnology or the Journal of Toxicological Sciences, the briefing gives a pretty good description of the experimental methods used in each of the studies and some of the issues associated with each. For example, were there any possible contaminants and did they have any impact on the results? That’s the research process isn’t it? Testing an hyothesis, examining the results, and testing again as we add to the body of knowledge.

The study reported in Natural Nanotechnology is getting a lot of attention from different sectors, including the investment sector. According to the blog, 24/7 Wall St., the exchange-traded fund, PowerShares Lux Nanotech, experienced a dip shortly after the study was released.

It’s such early days yet, that’s it hard to know how to interpret any of this but it bears thinking about anyway, especially as I get ready to produce my nanotechnology wiki. (more about the wiki tomorrow)