Category Archives: investment

Symposium on “Enabling the Nanotechnology Revolution” on October 10, 2023, in-person in Washington, DC or virtual

It’s the 20th anniversary of the US National Nanotechnology Initiative (NNI) and, now, scientists and policymakers will be celebrating and analyzing the results on October 10, 2023 according to a September 18, 2023 post on the JD Supra Nano and Other Emerging Chemical Technologies blog, Note: A link has been removed,

On October 10, 2023, the National Nanotechnology Coordination Office (NNCO) will host a symposium entitled “Enabling the Nanotechnology Revolution: Celebrating the 20th Anniversary of the 21st Century Nanotechnology Research and Development Act” at the National Academies of Sciences, Engineering, and Medicine. Experts will address the importance of nanotechnology in microelectronics, optics, advanced polymers, quantum engineering, medicine, education, manufacturing, and more. Discussions will also focus on the environmental, health, and safety implications of nanomaterials, as well as the National Nanotechnology Initiative (NNI) community’s efforts around inclusion, diversity, equity, and access.

You can register and find more information on the National Nanotechnology Initiative (NNI) anniversary symposium webpage, Note: A link has been removed,

Scientists and engineers across many fields and disciplines are united by their work at the nanoscale. Their diverse efforts have helped produce everything from faster microchips to powerful mRNA vaccines. The transformative impact of this work has been spurred by the coordination and focus on U.S. nanotechnology established by the 21st Century Nanotechnology Research and Development Act in 2003. Celebrating such a broad impact and envisioning the future can be quite challenging, but this event will bring together voices from across the emerging technology landscape. There will be experts who can speak on the importance of nanotechnology in quantum engineering, optics, EHS, plastics, DEIA, microelectronics, medicine, education, manufacturing, and more. We can’t predict what will emerge from this lively discussion between researchers, policymakers, members of industry, educators, and the public, but the conversation can only benefit from including more diverse perspectives – especially yours.

You have the option of registering in-person attendance or for virtual attendance.

Here’s the:

AGENDA

9:00-9:05   Welcome and Introduction

9:05-9:30   Opening Remarks on the NNI

9:30-10:15  Morning Keynote

10:15-10:30  Coffee Break

10:30-11:15  Panel: Responsible Development

11:15-12:00  Panel: Fundamental Research

12:00-1:00  Lunch and Networking

1:00-1:45  Keynote Panel: The Future of Nanotechnology

1:45-2:30  Panel: Workforce Development

2:30-2:45  Break

2:45-3:30  Panel: Infrastructure

3:30-4:15  Panel: Commercialization

4:15-5:00  Closing Keynote

Reception to follow

If you’re curious about the panelists and speakers, you will find a list with pictures and links to profile pages on the NNI’s anniversary symposium webpage.

The Storywrangler, tool exploring billions of social media messages, could predict political & financial turmoil

Being able to analyze Twitter messages (tweets) in real-time is amazing given what I wrote in this January 16, 2013 posting titled: “Researching tweets (the Twitter kind)” about the US Library of Congress and its attempts to access tweets for scholars,”

At least one of the reasons no one has received access to the tweets is that a single search of the archived (2006- 2010) tweets alone would take 24 hours, [emphases mine] …

So, bravo to the researchers at the University of Vermont (UVM). A July 16, 2021 news item on ScienceDaily makes the announcement,

For thousands of years, people looked into the night sky with their naked eyes — and told stories about the few visible stars. Then we invented telescopes. In 1840, the philosopher Thomas Carlyle claimed that “the history of the world is but the biography of great men.” Then we started posting on Twitter.

Now scientists have invented an instrument to peer deeply into the billions and billions of posts made on Twitter since 2008 — and have begun to uncover the vast galaxy of stories that they contain.

Caption: UVM scientists have invented a new tool: the Storywrangler. It visualizes the use of billions of words, hashtags and emoji posted on Twitter. In this example from the tool’s online viewer, three global events from 2020 are highlighted: the death of Iranian general Qasem Soleimani; the beginning of the COVID-19 pandemic; and the Black Lives Matter protests following the murder of George Floyd by Minneapolis police. The new research was published in the journal Science Advances. Credit: UVM

A July 15, 2021 UVM news release (also on EurekAlert but published on July 16, 2021) by Joshua Brown, which originated the news item, provides more detail abut the work,

“We call it the Storywrangler,” says Thayer Alshaabi, a doctoral student at the University of Vermont who co-led the new research. “It’s like a telescope to look — in real time — at all this data that people share on social media. We hope people will use it themselves, in the same way you might look up at the stars and ask your own questions.”

The new tool can give an unprecedented, minute-by-minute view of popularity, from rising political movements to box office flops; from the staggering success of K-pop to signals of emerging new diseases.

The story of the Storywrangler — a curation and analysis of over 150 billion tweets–and some of its key findings were published on July 16 [2021] in the journal Science Advances.

EXPRESSIONS OF THE MANY

The team of eight scientists who invented Storywrangler — from the University of Vermont, Charles River Analytics, and MassMutual Data Science [emphasis mine]– gather about ten percent of all the tweets made every day, around the globe. For each day, they break these tweets into single bits, as well as pairs and triplets, generating frequencies from more than a trillion words, hashtags, handles, symbols and emoji, like “Super Bowl,” “Black Lives Matter,” “gravitational waves,” “#metoo,” “coronavirus,” and “keto diet.”

“This is the first visualization tool that allows you to look at one-, two-, and three-word phrases, across 150 different languages [emphasis mine], from the inception of Twitter to the present,” says Jane Adams, a co-author on the new study who recently finished a three-year position as a data-visualization artist-in-residence at UVM’s Complex Systems Center.

The online tool, powered by UVM’s supercomputer at the Vermont Advanced Computing Core, provides a powerful lens for viewing and analyzing the rise and fall of words, ideas, and stories each day among people around the world. “It’s important because it shows major discourses as they’re happening,” Adams says. “It’s quantifying collective attention.” Though Twitter does not represent the whole of humanity, it is used by a very large and diverse group of people, which means that it “encodes popularity and spreading,” the scientists write, giving a novel view of discourse not just of famous people, like political figures and celebrities, but also the daily “expressions of the many,” the team notes.

In one striking test of the vast dataset on the Storywrangler, the team showed that it could be used to potentially predict political and financial turmoil. They examined the percent change in the use of the words “rebellion” and “crackdown” in various regions of the world. They found that the rise and fall of these terms was significantly associated with change in a well-established index of geopolitical risk for those same places.

WHAT’S HAPPENING?

The global story now being written on social media brings billions of voices — commenting and sharing, complaining and attacking — and, in all cases, recording — about world wars, weird cats, political movements, new music, what’s for dinner, deadly diseases, favorite soccer stars, religious hopes and dirty jokes.

“The Storywrangler gives us a data-driven way to index what regular people are talking about in everyday conversations, not just what reporters or authors have chosen; it’s not just the educated or the wealthy or cultural elites,” says applied mathematician Chris Danforth, a professor at the University of Vermont who co-led the creation of the StoryWrangler with his colleague Peter Dodds. Together, they run UVM’s Computational Story Lab.

“This is part of the evolution of science,” says Dodds, an expert on complex systems and professor in UVM’s Department of Computer Science. “This tool can enable new approaches in journalism, powerful ways to look at natural language processing, and the development of computational history.”

How much a few powerful people shape the course of events has been debated for centuries. But, certainly, if we knew what every peasant, soldier, shopkeeper, nurse, and teenager was saying during the French Revolution, we’d have a richly different set of stories about the rise and reign of Napoleon. “Here’s the deep question,” says Dodds, “what happened? Like, what actually happened?”

GLOBAL SENSOR

The UVM team, with support from the National Science Foundation [emphasis mine], is using Twitter to demonstrate how chatter on distributed social media can act as a kind of global sensor system — of what happened, how people reacted, and what might come next. But other social media streams, from Reddit to 4chan to Weibo, could, in theory, also be used to feed Storywrangler or similar devices: tracing the reaction to major news events and natural disasters; following the fame and fate of political leaders and sports stars; and opening a view of casual conversation that can provide insights into dynamics ranging from racism to employment, emerging health threats to new memes.

In the new Science Advances study, the team presents a sample from the Storywrangler’s online viewer, with three global events highlighted: the death of Iranian general Qasem Soleimani; the beginning of the COVID-19 pandemic; and the Black Lives Matter protests following the murder of George Floyd by Minneapolis police. The Storywrangler dataset records a sudden spike of tweets and retweets using the term “Soleimani” on January 3, 2020, when the United States assassinated the general; the strong rise of “coronavirus” and the virus emoji over the spring of 2020 as the disease spread; and a burst of use of the hashtag “#BlackLivesMatter” on and after May 25, 2020, the day George Floyd was murdered.

“There’s a hashtag that’s being invented while I’m talking right now,” says UVM’s Chris Danforth. “We didn’t know to look for that yesterday, but it will show up in the data and become part of the story.”

Here’s a link to and a citation for the paper,

Storywrangler: A massive exploratorium for sociolinguistic, cultural, socioeconomic, and and political timelines using Twitter by Thayer Alshaabi, Jane L. Adams, Michael V. Arnold, Joshua R. Minot, David R. Dewhurst, Andrew J. Reagan, Christopher M. Danforth and Peter Sheridan Dodds. Science Advances 16 Jul 2021: Vol. 7, no. 29, eabe6534DOI: 10.1126/sciadv.abe6534 DOI: 10.1126/sciadv.abe6534

This paper is open access.

A couple of comments

I’m glad to see they are looking at phrases in many different languages. Although I do experience some hesitation when I consider the two companies involved in this research with the University of Vermont.

Charles River Analytics and MassMutual Data Science would not have been my first guess for corporate involvement but on re-examining the subhead and noting this: “potentially predict political and financial turmoil”, they make perfect sense. Charles River Analytics provides “Solutions to serve the warfighter …”, i.e., soldiers/the military, and MassMutual is an insurance company with a dedicated ‘data science space’ (from the MassMutual Explore Careers Data Science webpage),

What are some key projects that the Data Science team works on?

Data science works with stakeholders throughout the enterprise to automate or support decision making when outcomes are unknown. We help determine the prospective clients that MassMutual should market to, the risk associated with life insurance applicants, and which bonds MassMutual should invest in. [emphases mine]

Of course. The military and financial services. Delightfully, this research is at least partially (mostly?) funded on the public dime, the US National Science Foundation.

Canada’s ‘Smart Cities’ will need new technology (5G wireless) and, maybe, graphene

I recently published [March 20, 2018] a piece on ‘smart cities’ both an art/science event in Toronto and a Canadian government initiative without mentioning the necessity of new technology to support all of the grand plans. On that note, it seems the Canadian federal government and two provincial (Québec and Ontario) governments are prepared to invest in one of the necessary ‘new’ technologies, 5G wireless. The Canadian Broadcasting Corporation’s (CBC) Shawn Benjamin reports about Canada’s 5G plans in suitably breathless (even in text only) tones of excitement in a March 19, 2018 article,

The federal, Ontario and Quebec governments say they will spend $200 million to help fund research into 5G wireless technology, the next-generation networks with download speeds 100 times faster than current ones can handle.

The so-called “5G corridor,” known as ENCQOR, will see tech companies such as Ericsson, Ciena Canada, Thales Canada, IBM and CGI kick in another $200 million to develop facilities to get the project up and running.

The idea is to set up a network of linked research facilities and laboratories that these companies — and as many as 1,000 more across Canada — will be able to use to test products and services that run on 5G networks.

Benjamin’s description of 5G is focused on what it will make possible in the future,

If you think things are moving too fast, buckle up, because a new 5G cellular network is just around the corner and it promises to transform our lives by connecting nearly everything to a new, much faster, reliable wireless network.

The first networks won’t be operational for at least a few years, but technology and telecom companies around the world are already planning to spend billions to make sure they aren’t left behind, says Lawrence Surtees, a communications analyst with the research firm IDC.

The new 5G is no tentative baby step toward the future. Rather, as Surtees puts it, “the move from 4G to 5G is a quantum leap.”

In a downtown Toronto soundstage, Alan Smithson recently demonstrated a few virtual reality and augmented reality projects that his company MetaVRse is working on.

The potential for VR and AR technology is endless, he said, in large part for its potential to help hurdle some of the walls we are already seeing with current networks.

Virtual Reality technology on the market today is continually increasing things like frame rates and screen resolutions in a constant quest to make their devices even more lifelike.

… They [current 4G networks] can’t handle the load. But 5G can do so easily, Smithson said, so much so that the current era of bulky augmented reality headsets could be replaced buy a pair of normal looking glasses.

In a 5G world, those internet-connected glasses will automatically recognize everyone you meet, and possibly be able to overlay their name in your field of vision, along with a link to their online profile. …

Benjamin also mentions ‘smart cities’,

In a University of Toronto laboratory, Professor Alberto Leon-Garcia researches connected vehicles and smart power grids. “My passion right now is enabling smart cities — making smart cities a reality — and that means having much more immediate and detailed sense of the environment,” he said.

Faster 5G networks will assist his projects in many ways, by giving planners more, instant data on things like traffic patterns, energy consumption, variou carbon footprints and much more.

Leon-Garcia points to a brightly lit map of Toronto [image embedded in Benjamin’s article] in his office, and explains that every dot of light represents a sensor transmitting real time data.

Currently, the network is hooked up to things like city buses, traffic cameras and the city-owned fleet of shared bicycles. He currently has thousands of data points feeding him info on his map, but in a 5G world, the network will support about a million sensors per square kilometre.

Very exciting but where is all this data going? What computers will be processing the information? Where are these sensors located? Benjamin does not venture into those waters nor does The Economist in a February 13, 2018 article about 5G, the Olympic Games in Pyeonchang, South Korea, but the magazine does note another barrier to 5G implementation,

“FASTER, higher, stronger,” goes the Olympic motto. So it is only appropriate that the next generation of wireless technology, “5G” for short, should get its first showcase at the Winter Olympics  under way in Pyeongchang, South Korea. Once fully developed, it is supposed to offer download speeds of at least 20 gigabits per second (4G manages about half that at best) and response times (“latency”) of below 1 millisecond. So the new networks will be able to transfer a high-resolution movie in two seconds and respond to requests in less than a hundredth of the time it takes to blink an eye. But 5G is not just about faster and swifter wireless connections.

The technology is meant to enable all sorts of new services. One such would offer virtual- or augmented-reality experiences. At the Olympics, for example, many contestants are being followed by 360-degree video cameras. At special venues sports fans can don virtual-reality goggles to put themselves right into the action. But 5G is also supposed to become the connective tissue for the internet of things, to link anything from smartphones to wireless sensors and industrial robots to self-driving cars. This will be made possible by a technique called “network slicing”, which allows operators quickly to create bespoke networks that give each set of devices exactly the connectivity they need.

Despite its versatility, it is not clear how quickly 5G will take off. The biggest brake will be economic. [emphasis mine] When the GSMA, an industry group, last year asked 750 telecoms bosses about the most salient impediment to delivering 5G, more than half cited the lack of a clear business case. People may want more bandwidth, but they are not willing to pay for it—an attitude even the lure of the fanciest virtual-reality applications may not change. …

That may not be the only brake, Dexter Johnson in a March 19, 2018 posting on his Nanoclast blog (on the IEEE [Institute of Electrical and Electronics Engineers] website), covers some of the others (Note: Links have been removed),

Graphene has been heralded as a “wonder material” for well over a decade now, and 5G has been marketed as the next big thing for at least the past five years. Analysts have suggested that 5G could be the golden ticket to virtual reality and artificial intelligence, and promised that graphene could improve technologies within electronics and optoelectronics.

But proponents of both graphene and 5G have also been accused of stirring up hype. There now seems to be a rising sense within industry circles that these glowing technological prospects will not come anytime soon.

At Mobile World Congress (MWC) in Barcelona last month [February 2018], some misgivings for these long promised technologies may have been put to rest, though, thanks in large part to each other.

In a meeting at MWC with Jari Kinaret, a professor at Chalmers University in Sweden and director of the Graphene Flagship, I took a guided tour around the Pavilion to see some of the technologies poised to have an impact on the development of 5G.

Being invited back to the MWC for three years is a pretty clear indication of how important graphene is to those who are trying to raise the fortunes of 5G. But just how important became more obvious to me in an interview with Frank Koppens, the leader of the quantum nano-optoelectronic group at Institute of Photonic Sciences (ICFO) just outside of Barcelona, last year.

He said: “5G cannot just scale. Some new technology is needed. And that’s why we have several companies in the Graphene Flagship that are putting a lot of pressure on us to address this issue.”

In a collaboration led by CNIT—a consortium of Italian universities and national laboratories focused on communication technologies—researchers from AMO GmbH, Ericsson, Nokia Bell Labs, and Imec have developed graphene-based photodetectors and modulators capable of receiving and transmitting optical data faster than ever before.

The aim of all this speed for transmitting data is to support the ultrafast data streams with extreme bandwidth that will be part of 5G. In fact, at another section during MWC, Ericsson was presenting the switching of a 100 Gigabits per second (Gbps) channel based on the technology.

“The fact that Ericsson is demonstrating another version of this technology demonstrates that from Ericsson’s point of view, this is no longer just research” said Kinaret.

It’s no mystery why the big mobile companies are jumping on this technology. Not only does it provide high-speed data transmission, but it also does it 10 times more efficiently than silicon or doped silicon devices, and will eventually do it more cheaply than those devices, according to Vito Sorianello, senior researcher at CNIT.

Interestingly, Ericsson is one of the tech companies mentioned with regard to Canada’s 5G project, ENCQOR and Sweden’s Chalmers University, as Dexter Johnson notes, is the lead institution for the Graphene Flagship.. One other fact to note, Canada’s resources include graphite mines with ‘premium’ flakes for producing graphene. Canada’s graphite mines are located (as far as I know) in only two Canadian provinces, Ontario and Québec, which also happen to be pitching money into ENCQOR. My March 21, 2018 posting describes the latest entry into the Canadian graphite mining stakes.

As for the questions I posed about processing power, etc. It seems the South Koreans have found answers of some kind but it’s hard to evaluate as I haven’t found any additional information about 5G and its implementation in South Korea. If anyone has answers, please feel free to leave them in the ‘comments’. Thank you.

Cellulose- and chitin-based biomaterial to replace plastics?

Although the term is not actually used in the news release, one of the materials used to create a new biomaterial could safely be described as nanocellulose. From a Sept. 20, 2017 Pennsylvania State University (Penn State) news release (also on EurekAlert) by Jeff Mulhollem,

An inexpensive biomaterial that can be used to sustainably replace plastic barrier coatings in packaging and many other applications has been developed by Penn State researchers, who predict its adoption would greatly reduce pollution.

Completely compostable, the material — a polysaccharide polyelectrolyte complex — is comprised of nearly equal parts of treated cellulose pulp from wood or cotton, and chitosan, which is derived from chitin — the primary ingredient in the exoskeletons of arthropods and crustaceans. The main source of chitin is the mountains of leftover shells from lobsters, crabs and shrimp consumed by humans.

These environmentally friendly barrier coatings have numerous applications ranging from water-resistant paper, to coatings for ceiling tiles and wallboard, to food coatings to seal in freshness, according to lead researcher Jeffrey Catchmark, professor of agricultural and biological engineering, College of Agricultural Sciences.

“The material’s unexpected strong, insoluble adhesive properties are useful for packaging as well as other applications, such as better performing, fully natural wood-fiber composites for construction and even flooring,” he said. “And the technology has the potential to be incorporated into foods to reduce fat uptake during frying and maintain crispness. Since the coating is essentially fiber-based, it is a means of adding fiber to diets.”

The amazingly sturdy and durable bond between carboxymethyl cellulose and chitosan is the key, he explained. The two very inexpensive polysaccharides — already used in the food industry and in other industrial sectors — have different molecular charges and lock together in a complex that provides the foundation for impervious films, coatings, adhesives and more.

The potential reduction of pollution is immense if these barrier coatings replace millions of tons of petroleum-based plastic associated with food packaging used every year in the United States — and much more globally, Catchmark noted.

He pointed out that the global production of plastic is approaching 300 million tons per year. In a recent year, more than 29 million tons of plastic became municipal solid waste in the U.S. and almost half was plastic packaging. It is anticipated that 10 percent of all plastic produced globally will become ocean debris, representing a significant ecological and human health threat.

crab shells

The material is comprised of cellulose pulp from wood or cotton, and chitosan, derived from chitin, the primary ingredient in the exoskeletons of arthropods and crustaceans. The main source of chitin is shells from lobsters, crabs and shrimp. Image: © iStock Photo OKRAD

The polysaccharide polyelectrolyte complex coatings performed well in research, the findings of which were published recently in Green Chemistry. Paperboard coated with the biomaterial, comprised of nanostructured fibrous particles of carboxymethyl cellulose and chitosan, exhibited strong oil and water barrier properties. The coating also resisted toluene, heptane and salt solutions and exhibited improved wet and dry mechanical and water vapor barrier properties.

“These results show that polysaccharide polyelectrolyte complex-based materials may be competitive barrier alternatives to synthetic polymers for many commercial applications,” said Catchmark, who, in concert with Penn State, has applied for a patent on the coatings.

“In addition, this work demonstrates that new, unexpected properties emerge from multi-polysaccharide systems engaged in electrostatic complexation, enabling new high-performance applications.”

Catchmark began experimenting with biomaterials that might be used instead of plastics a decade or so ago out of concerns for sustainability. He became interested in cellulose, the main component in wood, because it is the largest volume sustainable, renewable material on earth. Catchmark studied its nanostructure — how it is assembled at the nanoscale.

He believed he could develop natural materials that are more robust and improve their properties, so that they could compete with synthetic materials that are not sustainable and generate pollution — such as the low-density polyethylene laminate applied to paper board, Styrofoam and solid plastic used in cups and bottles.

“The challenge is, to do that you’ve got to be able to do it in a way that is manufacturable, and it has to be less expensive than plastic,” Catchmark explained. “Because when you make a change to something that is greener or sustainable, you really have to pay for the switch. So it has to be less expensive in order for companies to actually gain something from it. This creates a problem for sustainable materials — an inertia that has to be overcome with a lower cost.”

lab vials

The amazingly sturdy and durable bond between carboxymethyl cellulose and chitosan is the key. The two very inexpensive polysaccharides, already used in the food industry and in other industrial sectors, have different molecular charges and lock together in a complex that provides the foundation for impervious films, coatings, adhesives and more. Image: Penn State

Funded by a Research Applications for Innovation grant from the College of Agricultural Sciences, Catchmark currently is working to develop commercialization partners in different industry sectors for a wide variety of products.

“We are trying to take the last step now and make a real impact on the world, and get industry people to stop using plastics and instead use these natural materials,” he said. “So they (consumers) have a choice — after the biomaterials are used, they can be recycled, buried in the ground or composted, and they will decompose. Or they can continue to use plastics that will end up in the oceans, where they will persist for thousands of years.”

Also involved in the research were Snehasish Basu, post-doctoral scholar, and Adam Plucinski, master’s degree student, now instructor of engineering at Penn State Altoona. Staff in Penn State’s Material Research Institute provided assistance with the project.

The U.S. Department of Agriculture supported this work. Southern Champion Tray, of Chattanooga, Tennessee, provided paperboard and information on its production for experiments.

Here’s a link to and a citation for the paper,

Sustainable barrier materials based on polysaccharide polyelectrolyte complexes by
Snehasish Basu, Adam Plucinski, and Jeffrey M. Catchmark. Green Chemistry 2017, 19, 4080-4092 DOI: 10.1039/C7GC00991G

This paper is behind a paywall. One comment, I found an anomaly on the page when I visited. At the top of the citation page, it states that this is issue 17 of Green Chemistry but the citation in the column on the right is “2017, 19 … “, which would be issue 19.

RUSNANO commended for its strategies

A June 29, 2016 Frost & Sullivan press release on PR Newswire provides an overview of RUSNANO’s (Russian Nanotechnologies Corporation) current status and a few brief historical notes,

Based on its recent analysis of the nanotechnology investment market, Frost & Sullivan recognizes RUSNANO with the 2015 Frost & Sullivan Award for Enabling Technology Leadership in Russia. RUSNANO has played a significant role in transforming scientific developments in nanotechnology to commercial businesses that attract private investments. By rolling out innovative nanotechnology-based products, it facilitates the diversification and modernization of the Russian economy.

“When investing in companies during their growth stage, RUSNANO may acquire a significant stake in the charter capital,” said Frost & Sullivan Best Practices Analyst Lidia Szypulska.  This allows its investment team, along with the management of the portfolio company, to define the strategic direction of the company’s development and take the steps required to improve its operational performance. RUSNANO executes its long-term business plan ahead of schedule. For the second year in a row, it has a profit (according to IFRS) despite the fact that it was not forecast to turn a profit before 2018, demonstrating high performance.

The combined turnover of RUSNANO’s portfolio companies was RUB 341 billion in 2015 while the overall Russian nanoindustry turnover was more than 1 trillion RUB, more than one-third of its total production. To extend its dominance, RUSNANO fosters relations with international investment funds and manufacturing companies in high-development locations such as the United States, Europe, Israel, Japan, India, and China.

“RUSNANO’s future strategy involves setting up 100 plants and R&D centres by 2020. It expects revenues from its portfolio companies to reach RUB 600 billion by the same time,” noted Szypulska. “Already, more than 20 of RUSNANO’s portfolio companies are applying nanotechnologies transferred to Russia from the US, France, Germany, the Netherlands, and Israel. RUSNANO also invests in several foreign companies that base their research or manufacturing in Russia.”

As for the history,

RUSNANO is one of the largest technology investors in Russia, focusing mainly on raising private capital to finance promising hi-tech enterprises that need capital to boost production or sales volume. In 2013 [emphasis mine], RUSNANO optimized its business model by separating the functions of asset management and asset ownership by incorporating a management company, RUSNANO Management Company LLC. The company aligns its priorities with the Russian government for developing the nanotechnology industry. With a significant government investment of RUB 101 billion, RUSNANO hopes to match global nanotechnology developments and lead the international hi-tech investment sector by 2020.

The most promising end-user sectors for nanotechnology are power production, nanomaterials, nanoelectronics and optoelectronics, telecommunications, healthcare, biotechnology, construction, mechanical and instrumental engineering, and chemically and petrolchemical industries. RUSNANO has so far invested in 105 projects and launched 68 plants and research and development (R&D) centres in 28 regions of Russia.

Yes, 2013 was an interesting year for RUSNANO as I noted in my May 17, 2013 post titled: Russia’s nanotechnology efforts falter? Apparently. Putin was not thrilled with RUSNANO’s results up to that time and there were rumblings. After all that, it must be nice to have the efforts be recognized. One minor niggle, I can’t tell whether or not RUSNANO is a client of Frost & Sullivan’s.

For anyone curious about Frost & Sullivan, from the About page (A Message from Our Chairman),

We’ve spent more than 50 years guiding our clients toward transformational growth strategies by focusing on innovation opportunities driven by disruptive technologies, mega trends, emerging markets and new business models. Today, more than ever before, companies must innovate, not only to survive, but thrive in the future. The risks of resisting change – the “innovator’s dilemma” – massively outweigh outweigh [sic] pursuing the safe and predictable. The consequences are too great to ignore.

Ooops (“outweigh outweigh” in the Chairman’s message)! Everyone makes mistakes.

Commercializing nanotechnology: Peter Thiel’s Breakout Labs and Argonne National Laboratories

Breakout Labs

I last wrote about entrepreneur Peter Thiel’s Breakout Labs project in an Oct. 26, 2011 posting announcing its inception. An Oct. 6, 2015 Breakout Labs news release (received in my email) highlights a funding announcement for four startups of which at least three are nanotechnology-enabled,

Breakout Labs, a program of Peter Thiel’s philanthropic organization, the Thiel Foundation, announced today that four new companies advancing scientific discoveries in biomedical, chemical engineering, and nanotechnology have been selected for funding.

“We’re always hearing about bold new scientific research that promises to transform the world, but far too often the latest discoveries are left withering in a lab,” said Lindy Fishburne, Executive Director of Breakout Labs. “Our mission is to help a new type of scientist-entrepreneur navigate the startup ecosystem and build lasting companies that can make audacious scientific discoveries meaningful to everyday life. The four new companies joining the Breakout Labs portfolio – nanoGriptech, Maxterial, C2Sense, and CyteGen – embody that spirit and we’re excited to be working with them to help make their vision a reality.”

The future of adhesives: inspired by geckos

Inspired by the gecko’s ability to scuttle up walls and across ceilings due to their millions of micro/nano foot-hairs,nanoGriptech (http://nanogriptech.com/), based in Pittsburgh, Pa., is developing a new kind of microfiber adhesive material that is strong, lightweight, and reusable without requiring glues or producing harmful residues. Currently being tested by the U.S. military, NASA, and top global brands, nanoGriptech’s flagship product Setex™ is the first adhesive product of its kind that is not only strong and durable, but can also be manufactured at low cost, and at scale.

“We envision a future filled with no-leak biohazard enclosures, ergonomic and inexpensive car seats, extremely durable aerospace adhesives, comfortable prosthetic liners, high performance athletic wear, and widely available nanotechnology-enabled products manufactured less expensively — all thanks to the grippy little gecko,” said Roi Ben-Itzhak, CFO and VP of Business Development for nanoGriptech.

A sense of smell for the digital world

Despite the U.S. Department of Agriculture’s recent goals to drastically reduce food waste, most consumers don’t realize the global problem created by 1.3 billion metric tons of food wasted each year — clogging landfills and releasing unsustainable levels of methane gas into the atmosphere. Using technology developed at MIT’s Swager lab, Cambridge, Ma.-based C2Sense(http://www.c2sense.com/) is developing inexpensive, lightweight hand-held sensors based on carbon nanotubes which can detect fruit ripeness and meat, fish and poultry freshness. Smaller than a half of a business card, these sensors can be developed at very low cost, require very little power to operate, and can be easily integrated into most agricultural supply chains, including food storage packaging, to ensure that food is picked, stored, shipped, and sold at optimal freshness.

“Our mission is to bring a sense of smell to the digital world. With our technology, that package of steaks in your refrigerator will tell you when it’s about to go bad, recommend some recipe options and help build out your shopping list,” said Jan Schnorr, Chief Technology Officer of C2Sense.

Amazing metals that completely repel water

MaxterialTM, Inc. develops amazing materials that resist a variety of detrimental environmental effects through technology that emulates similar strategies found in nature, such as the self-cleaning lotus leaf and antifouling properties of crabs. By modifying the surface shape or texture of a metal, through a method that is very affordable and easy to introduce into the existing manufacturing process, Maxterial introduces a microlayer of air pockets that reduce contact surface area. The underlying material can be chemically the same as ever, retaining inherent properties like thermal and electrical conductivity. But through Maxterial’s technology, the metallic surface also becomes inherently water repellant. This property introduces the superhydrophobic maxterial as a potential solution to a myriad of problems, such as corrosion, biofouling, and ice formation. Maxterial is currently focused on developing durable hygienic and eco-friendly anti-corrosion coatings for metallic surfaces.

“Our process has the potential to create metallic objects that retain their amazing properties for the lifetime of the object – this isn’t an aftermarket coating that can wear or chip off,” said Mehdi Kargar, Co-founder and CEO of Maxterial, Inc. “We are working towards a day when shipping equipment can withstand harsh arctic environments, offshore structures can resist corrosion, and electronics can be fully submersible and continue working as good as new.”

New approaches to combat aging

CyteGen (http://cytegen.com/) wants to dramatically increase the human healthspan, tackle neurodegenerative diseases, and reverse age-related decline. What makes this possible now is new discovery tools backed by the dream team of interdisciplinary experts the company has assembled. CyteGen’s approach is unusually collaborative, tapping into the resources and expertise of world-renowned researchers across eight major universities to focus different strengths and perspectives to achieve the company’s goals. By approaching aging from a holistic, systematic point of view, rather than focusing solely on discrete definitions of disease, they have developed a new way to think about aging, and to develop treatments that can help people live longer, healthier lives.

“There is an assumption that aging necessarily brings the kind of physical and mental decline that results in Parkinson’s, Alzheimer’s, and other diseases. Evidence indicates otherwise, which is what spurred us to launch CyteGen,” said George Ugras, Co-Founder and President of CyteGen.

To date, Breakout Labs has invested in more than two dozen companies at the forefront of science, helping radical technologies get beyond common hurdles faced by early stage companies, and advance research and development to market much more quickly. Portfolio companies have raised more than six times the amount of capital invested in the program by the Thiel Foundation, and represent six Series A valuations ranging from $10 million to $60 million as well as one acquisition.

You can see the original Oct. 6, 2015 Breakout Labs news release here or in this Oct. 7, 2015 news item on Azonano.

Argonne National Labs and Nano Design Works (NDW) and the Argonne Collaborative Center for Energy Storage Science (ACCESS)

The US Department of Energy’s Argonne National Laboratory’s Oct. 6, 2015 press release by Greg Cunningham announced two initiatives meant to speed commercialization of nanotechnology-enabled products for the energy storage and other sectors,

Few technologies hold more potential to positively transform our society than energy storage and nanotechnology. Advances in energy storage research will revolutionize the way the world generates and stores energy, democratizing the delivery of electricity. Grid-level storage can help reduce carbon emissions through the increased adoption of renewable energy and use of electric vehicles while helping bring electricity to developing parts of the world. Nanotechnology has already transformed the electronics industry and is bringing a new set of powerful tools and materials to developers who are changing everything from the way energy is generated, stored and transported to how medicines are delivered and the way chemicals are produced through novel catalytic nanomaterials.

Recognizing the power of these technologies and seeking to accelerate their impact, the U.S. Department of Energy’s Argonne National Laboratory has created two new collaborative centers that provide an innovative pathway for business and industry to access Argonne’s unparalleled scientific resources to address the nation’s energy and national security needs. These centers will help speed discoveries to market to ensure U.S. industry maintains a lead in this global technology race.

“This is an exciting time for us, because we believe this new approach to interacting with business can be a real game changer in two areas of research that are of great importance to Argonne and the world,” said Argonne Director Peter B. Littlewood. “We recognize that delivering to market our breakthrough science in energy storage and nanotechnology can help ensure our work brings the maximum benefit to society.”

Nano Design Works (NDW) and the Argonne Collaborative Center for Energy Storage Science (ACCESS) will provide central points of contact for companies — ranging from large industrial entities to smaller businesses and startups, as well as government agencies — to benefit from Argonne’s world-class expertise, scientific tools and facilities.

NDW and ACCESS represent a new way to collaborate at Argonne, providing a single point of contact for businesses to assemble tailored interdisciplinary teams to address their most challenging R&D questions. The centers will also provide a pathway to Argonne’s fundamental research that is poised for development into practical products. The chance to build on existing scientific discovery is a unique opportunity for businesses in the nano and energy storage fields.

The center directors, Andreas Roelofs of NDW and Jeff Chamberlain of ACCESS, have both created startups in their careers and understand the value that collaboration with a national laboratory can bring to a company trying to innovate in technologically challenging fields of science. While the new centers will work with all sizes of companies, a strong emphasis will be placed on helping small businesses and startups, which are drivers of job creation and receive a large portion of the risk capital in this country.

“For a startup like mine to have the ability to tap the resources of a place like Argonne would have been immensely helpful,” said Roelofs. “We”ve seen the power of that sort of access, and we want to make it available to the companies that need it to drive truly transformative technologies to market.”

Chamberlain said his experience as an energy storage researcher and entrepreneur led him to look for innovative approaches to leveraging the best aspects of private industry and public science. The national laboratory system has a long history of breakthrough science that has worked its way to market, but shortening that journey from basic research to product has become a growing point of emphasis for the national laboratories over the past couple of decades. The idea behind ACCESS and NDW is to make that collaboration even easier and more powerful.

“Where ACCESS and NDW will differ from the conventional approach is through creating an efficient way for a business to build a customized, multi-disciplinary team that can address anything from small technical questions to broad challenges that require massive resources,” Chamberlain said. “That might mean assembling a team with chemists, physicists, computer scientists, materials engineers, imaging experts, or mechanical and electrical engineers; the list goes on and on. It’s that ability to tap the full spectrum of cross-cutting expertise at Argonne that will really make the difference.”

Chamberlain is deeply familiar with the potential of energy storage as a transformational technology, having led the formation of Argonne’s Joint Center for Energy Storage Research (JCESR). The center’s years-long quest to discover technologies beyond lithium-ion batteries has solidified the laboratory’s reputation as one of the key global players in battery research. ACCESS will tap Argonne’s full battery expertise, which extends well beyond JCESR and is dedicated to fulfilling the promise of energy storage.

Energy storage research has profound implications for energy security and national security. Chamberlain points out that approximately 1.3 billion people across the globe do not have access to electricity, with another billion having only sporadic access. Energy storage, coupled with renewable generation like solar, could solve that problem and eliminate the need to build out massive power grids. Batteries also have the potential to create a more secure, stable grid for countries with existing power systems and help fight global climate disruption through adoption of renewable energy and electric vehicles.

Argonne researchers are pursuing hundreds of projects in nanoscience, but some of the more notable include research into targeted drugs that affect only cancerous cells; magnetic nanofibers that can be used to create more powerful and efficient electric motors and generators; and highly efficient water filtration systems that can dramatically reduce the energy requirements for desalination or cleanup of oil spills. Other researchers are working with nanoparticles that create a super-lubricated state and other very-low friction coatings.

“When you think that 30 percent of a car engine’s power is sacrificed to frictional loss, you start to get an idea of the potential of these technologies,” Roelofs said. “But it’s not just about the ideas already at Argonne that can be brought to market, it’s also about the challenges for businesses that need Argonne-level resources. I”m convinced there are many startups out there working on transformational ideas that can greatly benefit from the help of a place Argonne to bring those ideas to fruition. That is what has me excited about ACCESS and NDW.”

For more information on ACCESS, see: access.anl.gov

For more information on NDW, see: nanoworks.anl.gov

You can read more about the announcement in an Oct. 6, 2015 article by Greg Watry for R&D magazine featuring an interview with Andreas Roelofs.

Dunkin’ Donuts and nano titanium dioxide

It’s been a busy few days for titanium dioxide, nano and otherwise, as the news about its removal from powdered sugar in Dunkin’ Donuts products ripples through the nano blogosphere. A March 6, 2015 news item on Azonano kicks off the discussion with an announcement,

Dunkin’ Brands, the parent company of the Dunkin’ Donuts chain, has agreed to remove titanium dioxide, a whitening agent that is commonly a source of nanomaterials, from all powdered sugar used to make the company’s donuts. As a result of this progress, the advocacy group As You Sow has withdrawn a shareholder proposal asking Dunkin’ to assess and reduce the risks of using nanomaterials in its food products.

Here’s a brief recent history of Dunkin’ Donuts and nano titanium dioxide from my Aug. 21, 2014 posting titled, FOE, nano, and food: part two of three (the problem with research),

Returning to the ‘debate’, a July 11, 2014 article by Sarah Shemkus for a sponsored section in the UK’s Guardian newspaper highlights an initiative taken by an environmental organization, As You Sow, concerning titanium dioxide in Dunkin’ Donuts’ products (Note: A link has been removed),

The activists at environmental nonprofit As You Sow want you to take another look at your breakfast doughnut. The organization recently filed a shareholder resolution asking Dunkin’ Brands, the parent company of Dunkin’ Donuts, to identify products that may contain nanomaterials and to prepare a report assessing the risks of using these substances in foods.

Their resolution received a fair amount of support: at the company’s annual general meeting in May, 18.7% of shareholders, representing $547m in investment, voted for it. Danielle Fugere, As You Sow’s president, claims that it was the first such resolution to ever receive a vote. Though it did not pass, she says that she is encouraged by the support it received.

“That’s a substantial number of votes in favor, especially for a first-time resolution,” she says.

The measure was driven by recent testing sponsored by As You Sow, which found nanoparticles of titanium dioxide in the powdered sugar that coats some of the donut chain’s products. [emphasis mine] An additive widely used to boost whiteness in products from toothpaste to plastic, microscopic titanium dioxide has not been conclusively proven unsafe for human consumption. Then again, As You Sow contends, there also isn’t proof that it is harmless.

“Until a company can demonstrate the use of nanomaterials is safe, we’re asking companies either to not use them or to provide labels,” says Fugere. “It would make more sense to understand these materials before putting them in our food.”

As I understand it, Dunkin’ Donuts will be removing all titanium dioxide, nano-sized or other, from powdered sugar used in its products. It seems As You Sow’s promise to withdraw its July 2104 shareholder resolution is the main reason for Dunkin’ Donuts’ decision. While I was and am critical of Dunkin’ Donuts’ handling of the situation with As You Sow, I am somewhat distressed that the company seems to have acquiesced on the basis of research which is, at best, inconclusive.

Dr. Andrew Maynard, director of the University of Michigan Risk Science Centre, has written a substantive analysis of the current situation regarding nano titanium dioxide in a March 12, 2015 post on his 2020 Science blog (Note: Links have been removed),

Titanium dioxide (which isn’t the same thing as the metal titanium) is an inert, insoluble material that’s used as a whitener in everything from paper and paint to plastics. It’s the active ingredient in many mineral-based sunscreens. And as a pigment, is also used to make food products look more appealing.

Part of the appeal to food producers is that titanium dioxide is a pretty dull chemical. It doesn’t dissolve in water. It isn’t particularly reactive. It isn’t easily absorbed into the body from food. And it doesn’t seem to cause adverse health problems. It just seems to do what manufacturers want it to do – make food look better. It’s what makes the powdered sugar coating on donuts appear so dense and snow white. Titanium dioxide gives it a boost.

And you’ve probably been consuming it for years without knowing. In the US, the Food and Drug Administration allows food products to contain up to 1% food-grade titanium dioxide without the need to include it on the ingredient label. Help yourself to a slice of bread, a bar of chocolate, a spoonful of mayonnaise or a donut, and chances are you’ll be eating a small amount of the substance.

Andrew goes on to describe the concerns that groups such as You As Sow have (Note: Links have been removed),

For some years now, researchers have recognized that some powders become more toxic the smaller the individual particles are, and titanium dioxide is no exception. Pigment grade titanium dioxide – the stuff typically used in consumer products and food – contains particles around 200 nanometers in diameter, or around one five hundredth the width of a human hair. Inhale large quantities of these titanium dioxide particles (I’m thinking “can’t see your hand in front of your face” quantities), and your lungs would begin to feel it.

If the particles are smaller though, it takes much less material to cause the same effect.

But you’d still need to inhale very large quantities of the material for it to be harmful. And while eating a powdered donut can certainly be messy, it’s highly unlikely that you’re going to end up stuck in a cloud of titanium dioxide-tinted powdered sugar coating!

… Depending on what they are made of and what shape they are, research has shown that some nanoparticles are capable of getting to parts of the body that are inaccessible to larger particles. And some particles are more chemically reactive because of their small size. Some may cause unexpected harm simply because they are small enough to throw a nano-wrench into the nano-workings of your cells.

This body of research is why organizations like As You Sow have been advocating caution in using nanoparticles in products without appropriate testing – especially in food. But the science about nanoparticles isn’t as straightforward as it seems.

As Andrew notes,

First of all, particles of the same size but made of different materials can behave in radically different ways. Assuming one type of nanoparticle is potentially harmful because of what another type does is the equivalent of avoiding apples because you’re allergic to oysters.

He describes some of the research on nano titanium dioxide (Note: Links have been removed),

… In 2004 the European Food Safety Agency carried out a comprehensive safety review of the material. After considering the available evidence on the same materials that are currently being used in products like Dunkin’ Donuts, the review panel concluded that there no evidence for safety concerns.

Most research on titanium dioxide nanoparticles has been carried out on ones that are inhaled, not ones we eat. Yet nanoparticles in the gut are a very different proposition to those that are breathed in.

Studies into the impacts of ingested nanoparticles are still in their infancy, and more research is definitely needed. Early indications are that the gastrointestinal tract is pretty good at handling small quantities of these fine particles. This stands to reason given the naturally occurring nanoparticles we inadvertently eat every day, from charred foods and soil residue on veggies and salad, to more esoteric products such as clay-baked potatoes. There’s even evidence that nanoparticles occur naturally inside the gastrointestinal tract.

He also probes the issue’s, nanoparticles, be they titanium dioxide or otherwise, and toxicity, complexity (Note: Links have been removed),

There’s a small possibility that we haven’t been looking in the right places when it comes to possible health issues. Maybe – just maybe – there could be long term health problems from this seemingly ubiquitous diet of small, insoluble particles that we just haven’t spotted yet. It’s the sort of question that scientists love to ask, because it opens up new avenues of research. It doesn’t mean that there is an issue, just that there is sufficient wiggle room in what we don’t know to ask interesting questions.

… While there is no evidence of a causal association between titanium dioxide in food and ill health, some studies – but not all by any means – suggest that large quantities of titanium dioxide nanoparticles can cause harm if they get to specific parts of the body.

For instance, there are a growing number of published studies that indicate nanometer sized titanium dioxide particles may cause DNA damage at high concentrations if it can get into cells. But while these studies demonstrate the potential for harm to occur, they lack information on how much material is needed, and under what conditions, for significant harm. And they tend to be associated with much larger quantities of material than anyone is likely to be ingesting on a regular basis.

They are also counterbalanced by studies that show no effects, indicating that there is still considerable uncertainty over the toxicity or otherwise of the material. It’s as if we’ve just discovered that paper can cause cuts, but we’re not sure yet whether this is a minor inconvenience or potentially life threatening. In the case of nanoscale titanium dioxide, it’s the classic case of “more research is needed.”

I strongly suggest reading Andrew’s post in its entirety either here on the University of Michigan website or here on The Conversation website.

Dexter Johnson in a March 11, 2015 post on his Nanoclast blog also weighs in on the discussion. He provides a very neat summary of the issues along with these observations (Note Links have been removed),

With decades of TiO2 being in our food supply and no reports of toxic reactions, it would seem that the threshold for proof is extremely high, especially when you combine the term “nano” with “asbestos”.

As You Sow makes sure to point out that asbestos is a nanoparticle. While the average diameter of an asbestos fiber is around 20 to 90 nm, their lengths varied between 200 nm and 200 micrometers.

The toxic aspect of asbestos was not its diameter, but its length. …

In addition to his summary Dexter highlights As You Sows attempt to link titanium dioxide nanoparticles to asbestos. I suggest reading his post for an informed description of what made asbestos so toxic (here) and why the linkage seems specious at this time.

For anyone interested in how As You Sow managed to introduce asbestos toxicity issues into a discussion about nano titanium dioxide and food products, there’s this from As You Sow’s FAQs (frequently asked questions) about nanomaterials in food page,

Why are nanomaterials in food important to investors?

When technology is used before ensuring that it is safe for humans and the environment, and before regulatory standards exist, companies can be exposed to significant financial, legal, and reputational risk. The limited studies that exist on nanomaterials, including nanoscale titanium dioxide*, have indicated that ingestion of these particles may pose health hazards.

The inaction of regulators does not protect companies, especially when the regulators themselves warn of the dangers of nanoparticles’ largely unknown risks. Draft guidance issued by the U.S. Food and Drug Administration raises questions about the safety of nanoparticles and demonstrates the general lack of knowledge about the technology and its effects. (1)

Asbestos litigation is a good example of the risks that can arise from using an emerging technology before it is proven safe. Use of asbestos (a nanomaterial) has created the longest, most expensive mass tort in national history with total U.S. costs now standing at over $250 billion. (2) If companies been asked to investigate and minimize or avoid risks prior to adopting asbestos technology, a sad and expensive chapter in worker harm could have been avoided.

* Titanium dioxide is a common pigment and FDA-approved food additive. It is used as a whitener, a dispersant, and a thickener.

While I don’t particularly appreciate fear-mongering as a tactic, the strategy of targeting investors and their concerns, seems to have helped As You Sow win its way.

Global graphite market predictions

A Feb. 2, 2015 Persistence Market Research (PMR) news release about the worldwide graphite market found its way into my mailbox (on Mar. 2, 2015). Not being familiar with the business investment end of things or with Persistence Market Research I am cautiously interested in their market projections.

Here’s more from the news release,

According to a new market report published by Persistence Market Research “Global Market Study on Graphite: Battery Segment To Witness Highest Growth by 2020”, the global graphite market was valued at USD 13.62 billion in 2013 and is expected to grow at a CAGR [compound annual growth rate] of 3.7% from 2014 to 2020, to reach USD 17.56 billion in 2020.

Browse the full report with TOC at:
http://www.persistencemarketresearch.com/market-research/graphite-market.asp

Increasing the use of graphite in the automotive and battery industries is the major factor driving the demand for graphite. Graphite is an important material used in gaskets, clutch materials, motors, exhaust systems, and cylinder heads. In the past, asbestos was the main component of linings and disk brake pads. Graphite, with benefits such as low-noise braking, makes a good replacement for asbestos in brake pads. Moreover, it is an important element in the manufacture of ultra-lightweight carbon-fiber reinforced plastic (CFRP). Traditionally, CFRP was mainly used in the aerospace and Formula One car industries. However, CFRP is now gaining popularity in the passenger car industry due to its lightweight. This, in turn, helps reduce fuel consumption and CO2 emissions.

Asia-Pacific is the largest market for graphite globally. Rise of technologically advanced applications of graphite in pebble-bed nuclear reactors, fuel cells, solar power systems, and automotive and aerospace industries is driving the graphite market in the Asia Pacific region. China and India are the major markets for graphite in the region. Rising demand for steel and other metals has increased the demand for graphite electrodes in Asia Pacific. This, in turn, is driving the growth of the graphite market. China accounts for over 70% share of total graphite production in the world. According to China’s Twelfth Five-Year Plan, the government plans to have around 5.0 million battery-electric vehicles plying on the roads by 2020. This is expected to increase demand for graphite in the Asia Pacific market during the forecast period.

According to a research report, the sale of plug-in electric vehicles in North America is expected to rise at a CAGR of 30.0% from 2012 to 2020. The total sales of tablets in the U.S. market grew from 9.7 million in 2010 to 40.6 million in 2013. This growth in sales is expected to drive demand for lithium-ion batteries. Rising demand for electric vehicles and other electronic devices such as mobiles, tablets, laptops, and cameras offers huge potential for the growth of the lithium-ion battery industry. This, in turn, is further expected to boost demand for graphite in North America. Europe is the second-largest graphite market in the world. Growing use of carbon fiber instead of steel in the automotive and aerospace industries in Europe is leading to increasing demand for graphite. Graphite is considered as a key material for green technology. Due to this fact, it is widely used in many applications for energy storage, photovoltaics, and in various electronic products.

The graphite market is bifurcated on the basis of form (natural graphite and synthetic graphite). Synthetic graphite is further sub-segmented on the basis of form (graphite electrode, carbon fiber, graphite blocks, graphite powder, and others). Graphite market is also segmented on the basis of end-use (electrode, refractory, lubricant, foundry, battery, and others). All the segments provide market size and forecast by volume and by value. The synthetic graphite segment holds the largest share of USD 12.49 billion in the graphite market in 2013 and is expected to reach USD 16.06 billion by 2020 at a CAGR of 3.7% from 2014 to 2020.

In terms of revenue, the global graphite market grew from USD 12.30 billion in 2010 to USD 13.62 billion in 2013 at a CAGR of 3.4%. In terms of volume, the global graphite market grew from 2.19 million tons in 2010 to 2.68 million tons in 2013 at a CAGR of 7.1%. Under regional segment, the Asia Pacific graphite market (the largest market in 2013) increased by 3.8% CAGR during 2010–2013 to reach USD 9.17 billion in 2013.

Request Sample Report of Graphite Market:
http://www.persistencemarketresearch.com/samples/3367

I was intrigued to note Canadian businesses included in a list of the major companies in this field,

Some of the major companies operating in the global graphite market are Triton Minerals Ltd., Lamboo Resources Limited, Mason Graphite, Focus Graphite Inc., Energizer Resources Inc., Northern Graphite Corporation, Alabama Graphite Corp., Flinders Resources Ltd., Syrah Resources Limited, SGL Carbon SE, GrafTech International Holdings Inc, Graphite India Limited, Nippon Graphite Industries, Co., Ltd., Asbury Graphite Mills, Inc, Showa Denko K.K., and Tokai Carbon Co., Ltd.  [emphases mine]

The highlighted companies are Canadian and have been mentioned on this blog at least once in relation to graphite and/or graphene. One observation, Lomiko Metals (a British Columbia-based company mentioned here a few times) didn’t make the list.

Getting back to the PMR news release,

Related Published Report:

Global Market Study on Paints and Coatings: Industrial Paints and Coatings to Witness Highest Growth by 2020: http://www.persistencemarketresearch.com/market-research/paints-coatings-market.asp

Graphite Market, by Form

  • Natural graphite
  • Synthetic graphite

Synthetic Graphite Market, by Form

  • Graphite electrode
  • Carbon fiber
  • Graphite blocks
  • Graphite powder
  • Others

Graphite Market, by End Use

  • Electrode
  • Refractory
  • Lubricant
  • Foundry
  • Battery
  • Others

Graphite Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Browse PMR Chemicals and Materials Market Research Reports @
http://www.persistencemarketresearch.com/category/chemicals-and-materials.asp

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

Again, I cannot attest to the quality of the analysis but it’s safe to say it’s interesting.

For anyone as ignorant about business and investing terminology as I am, here’s a definition for CAGR (compound annual growth rate) from the Investopedia website,

CAGR isn’t the actual return in reality. It’s an imaginary number that describes the rate at which an investment would have grown if it grew at a steady rate. You can think of CAGR as a way to smooth out the returns.

Don’t worry if this concept is still fuzzy to you – CAGR is one of those terms best defined by example. Suppose you invested $10,000 in a portfolio on Jan 1, 2005. Let’s say by Jan 1, 2006, your portfolio had grown to $13,000, then $14,000 by 2007, and finally ended up at $19,500 by 2008.

Your CAGR would be the ratio of your ending value to beginning value ($19,500 / $10,000 = 1.95) raised to the power of 1/3 (since 1/# of years = 1/3), then subtracting 1 from the resulting number:

1.95 raised to 1/3 power = 1.2493. (This could be written as 1.95^0.3333).1.2493 – 1 = 0.2493Another way of writing 0.2493 is 24.93%. [sic]

Thus, your CAGR for your three-year investment is equal to 24.93%, representing the smoothed annualized gain you earned over your investment time horizon.

More about MUSE, a Canadian company and its brain sensing headband; women and startups; Canadianess

I first wrote about Ariel Garten and her Toronto-based (Canada) company, InteraXon, in a Dec. 5, 2012 posting where I featured a product, MUSE (Muse), then described as a brainwave controller. A March 5, 2015 article by Lydia Dishman for Fast Company provides an update on the product now described as a brainwave-sensing headband and on the company (Note: Links have been removed),

The technology that had captured the imagination of millions was then incorporated to develop a headband called Muse. It sells at retail stores like BestBuy for about $300 and works in conjunction with an app called Calm as a tool to increase focus and reduce stress.

If you always wanted to learn to meditate without those pesky distracting thoughts commandeering your mind, Muse can help by taking you through a brief exercise that translates brainwaves into the sound of wind. Losing focus or getting antsy brings on the gales. Achieving calm rewards you with a flock of birds across your screen.

The company has grown to 50 employees and has raised close to $10 million from investors including Ashton Kutcher. Garten [Ariel Garten, founder and Chief Executive Founder] says they’re about to close on a Series B round, “which will be significant.”

She says that listening plays an important role at InteraXon. Reflecting back on what you think you heard is an exercise she encourages, especially in meetings. When the development team is building a tool, for example, they use their Muses to meditate and focus, which then allows for listening more attentively and nonjudgmentally.

Women and startups

Dishman references gender and high tech financing in her article about Garten,

Garten doesn’t dwell on her status as a woman in a mostly male-dominated sector. That goes for securing funding for the startup too, despite the notorious bias venture-capital investors have against women startup founders.

“I am sure I lost deals because I am a woman, but also because the idea didn’t resonate,” she says, adding, “I’m sure I gained some because I am a woman, so it is unfair to put a blanket statement on it.”

Yet Garten is the only female member of her C-suite, something she says “is just the way it happened.” Casting the net recently to fill the role of chief operating officer [COO], Garten says there weren’t any women in the running, in part because the position required hardware experience as well as knowledge of working with the Chinese.

She did just hire a woman to be senior vice president of sales and marketing, and says, “When we are hiring younger staff, we are gender agnostic.”

I can understand wanting to introduce nuance into the ‘gender bias and tech startup discussion’ by noting that some rejections could have been due to issues with the idea or implementation. But the comment about being the only female in late stage funding as “just the way it happened” suggests she is extraordinarily naïve or willfully blind. Given her followup statement about her hiring practices, I’m inclined to go with willfully blind. It’s hard to believe she couldn’t find any woman with hardware experience and China experience. It seems more likely she needed a male COO to counterbalance a company with a female CEO. As for being gender agnostic where younger staff are concerned, that’s nice but it’s not reassuring as women have been able to get more junior positions. It’s the senior positions such as COO which remain out of reach and, troublingly, Garten seems to have blown off the question with a weak explanation and a glib assurance of equality at the lower levels of the company.

For more about gender, high tech companies, and hiring/promoting practices, you can read a March 5, 2015 article titled, Ellen Pao Trial Reveals the Subtle Sexism of Silicon Valley, by Amanda Marcotte for Slate.

Getting back to MUSE, you can find out more here. You can find out more about InterAxon here. Unusually, there doesn’t seem to be any information about the management team on the website.

Canadianness

I thought it was interesting that InterAxon’s status as a Canada-based company was mentioned nowhere in Dishman’s article. This is in stark contrast to Nancy Owano’s  Dec. 5, 2012 article for phys.org,

A Canadian company is talking about having a window, aka computer screen, into your mind. … InteraXon, a Canadian company, is focused on making a business out of mind-control technology via a headband device, and they are planning to launch this as a $199 brainwave computer controller called Muse. … [emphases mine]

This is not the only recent instance I’ve noticed. My Sept. 1, 2014 posting mentions what was then an upcoming Margaret Atwood event at Arizona State University,

… (from the center’s home page [Note: The center is ASU’s Center for Science and the Imagination]),

Internationally renowned novelist and environmental activist Margaret Atwood will visit Arizona State University this November [2014] to discuss the relationship between art and science, and the importance of creative writing and imagination for addressing social and environmental challenges.

Atwood’s visit will mark the launch of the Imagination and Climate Futures Initiative … Atwood, author of the MaddAddam trilogy of novels that have become central to the emerging literary genre of climate fiction, or “CliFi,” will offer the inaugural lecture for the initiative on Nov. 5.

“We are proud to welcome Margaret Atwood, one of the world’s most celebrated living writers, to ASU and engage her in these discussions around climate, science and creative writing,” …  “A poet, novelist, literary critic and essayist, Ms. Atwood epitomizes the creative and professional excellence our students aspire to achieve.”

There’s not a single mention that she is Canadian there or in a recent posting by Martin Robbins about a word purge from the Oxford Junior Dictionary published by the Guardian science blog network (March 3, 2015 posting). In fact, Atwood was initially described by Robbins as one of Britain’s literary giants. I assume there were howls of anguish once Canadians woke up to read the article since the phrase was later amended to “a number of the Anglosphere’s literary giants.”

The omission of InterAxon’s Canadianness in Dishman’s article for an American online magazine and Atwood’s Canadianness on the Arizona State University website and Martin Robbins’ initial appropriation and later change to the vague-sounding “Anglospere” in his post for the British newspaper, The Guardian, means the bulk of their readers will likely assume InterAxon is American and that Margaret Atwood, depending on where you read about her, is either an American or a Brit.

It’s flattering that others want to grab a little bit of Canada for themselves.

Coda: The Oxford Junior Dictionary and its excision of ‘nature’ words

 

Robbins’ March 3, 2015 posting focused on a heated literary discussion about the excision of these words from the Oxford Junior Dictionary (Note:  A link has been removed),

“The deletions,” according to Robert Macfarlane in another article on Friday, “included acorn, adder, ash, beech, bluebell, buttercup, catkin, conker, cowslip, cygnet, dandelion, fern, hazel, heather, heron, ivy, kingfisher, lark, mistletoe, nectar, newt, otter, pasture and willow. The words taking their places in the new edition included attachment, block-graph, blog, broadband, bullet-point, celebrity, chatroom, committee, cut-and-paste, MP3 player and voice-mail.”

I’m surprised the ‘junior’ dictionary didn’t have “attachment,” “celebrity,” and “committee” prior to the 2007 purge. By the way, it seems no one noticed the purge till recently. Robbins has an interesting take on the issue, one with which I do not entirely agree. I understand needing to purge words but what happens a child reading a classic such as “The Wind in the Willows’ attempts to look up the word ‘willows’?  (Thanks to Susan Baxter who in a private communication pointed out the problems inherent with reading new and/or classic books and not being able to find basic vocabulary.)

Nano and the NASDAQ

First, a caveat: I know very little about stock markets and investing so I’m not offering any comments about the quality of the investment advice offered in an April 23, 2014 article by StreetAuthority for the NASDAQ stock market website. The article is being featured here for informational purposes and because it focuses on nanotechnology (Note: A link has been removed),

A couple of months ago, the fund planners at Invesco PowerShares closed the book on one of the most unusual chapters in investing history, announcing a move to shut down the PowerShares Lux Nanotech Portfolio exchange-traded fund ( ETF ). A lack of interest was the main culprit in its demise.

… For many investors, the move signaled the end of the decade-long hype around nanotechnology stocks. Back in 2006, with nanotech mania in full bloom, Businessweek predicted that this emerging technology would represent a $2.6 trillion industry by 2014 .

That prediction overestimated the industry’s potential by at least $2.5 trillion.

StreetAuthority goes on to analyse some specific ‘nano’ stocks,

… A quick snapshot of where the remaining nanotech stocks trade in relation to their all-time highs paints a sobering picture. With the exception of FEI Co. (Nasdaq: FEIC ) , not one of these firms lived up to the hype.

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Just when you think all is lost the author finds reason for optimism (Note: Links have been removed),

Yet just as most investors have written off the notion of nano-investing, the underlying technology is being seeded in a widening range of applications. Many industrial firms such as 3M (NYSE: MMM ) already derive solid recurring revenue streams from nanotechnology and are spending heavily on new products , which bodes well for the companies that make the tools to help further this technology’s development.

FEI, for example, is expected to reach the $1 billion revenue mark this year for the first time. FEI’s equipment helps other firms analyze and develop nanotechnology-based products and chemistries, mostly in the semiconductor industry. The company has delivered on the promise of nanotech, but shares appear fully valued, as top-line growth is around 10% and shares trade for more than 20 times next year’s earnings.

A more intriguingly valued stock is Flamel Technologies (Nasdaq: FLML ) , a biotech firm that has developed a range of drug delivery methods to deliver nano-sized particles into the bloodstream. Though this firm could never live up to the nanohype of a decade ago — and a decade of annual operating losses will wilt any investor’s confidence — shares are starting to rebound as key products start to reach the market.

It’s nice to be able to supplement the information one gets from government reports on commercializing nanotechnology with some ‘stock market’ analysis. As for whether or not this is good advice, caveat emptor (buyer beware). I can say that the author does not seem to have a solid grasp of the term ‘nanotechnology’, e.g. “… a new and much-hyped technology known as graphene holds the same promise , and in a few years we may see huge sums of money chase after graphene companies, just as we saw with nanotechs.” [emphasis mine] Generally speaking, graphene is considered to be part of the ‘nanotechnology enterprise’.