By Jim Stafford Business Writer
The Oklahoman
Five Oklahoma businesses that want to use nanotechnology in their
manufacturing processes have been awarded almost $1.25 million in
the first Oklahoma Nanotechnology Applications Project awards,
officials said Friday.
The winners include two companies that are focused on
manufacturing nanotechnology particles for industrial and medical
use, a designer of prosthetic technology, the maker of
high-pressure valves and a company that makes products for use in
medical related endoscopic equipment. The winners and their amounts
were:
SouthWest NanoTechnologies, Norman,
$430,000: SouthWest Nano-Technologies Inc. manufactures high
quality carbon nanotubes for use in a variety of industries. With
new OCAST funding and new manufacturing techniques developed at the
University of Oklahoma, the company plans to diversify its
manufacturing processes and mass produce a commercial
grade of carbon nanotubes at a substantially lower price than
is currently possible.
We are investing the money to put in place a much
larger scale reactor that will run continuous and produce materials
that are tailored for composite applications, said David
Arthur, SouthWest NanoTechnologies chief executive.
Thats a billion dollar market opportunity for us, and
having this larger scale manufacturing line will allows us to
support customers we already have and bring on a number of other
key customers.
In addition to the states nanotech award, SouthWest
NanoTechnologies is raising a capital round that is approximately
10 times that number, Arthur said. When the new reactor is in place
it will have the capability to produce 1,000 grams of nanoparticles
per day as opposed to the few grams per day of which it is now
capable.
XetaComp Nanotechnologies, Edmond,
$250,000: In conjunction with an equipment manufacturer, XetaComp
has developed a proprietary manufacturing process to produce
titanium dioxide nanoparticles. A subsidiary of Nanobiomagnetics,
Xeta-Comp is developing the technology with the goal of lowering
costs. The company plans to manufacture the nanoparticles in a
planned Lawton facility and use it in sunscreens.
Rupture Pin Technology, Oklahoma City,
$150,000: Rupture Pin plans to use nanotechnology to build pressure
relief valves that can be used in high pressure situations, founder
Julian Taylor said. He owns two companies that produce pressure
valves, but the problem is the valves will break if subjected to
high pressures.
"That will let me increase my business, I can easily
double it if I can overcome that, because I can take on more
difficult jobs, Taylor said.
Access Optics, Broken Arrow, $165,000:
Access Optics makes components and complete sub-assemblies for
medical related endoscopic equipment. It is done using small
particles of ceramic or metal to form a seal between the lens and
metal encasement. During normal use, the product is subjected to
extensive autoclave cleanings and therefore significant wear occurs
on the seals. The company will use nanoparticles to improve the
glass to metal seal for the lens.
Martin Bionics, Oklahoma City, $250,000: A
relatively new company, Martin Bionics is focused on state of the
art research in the field of prosthetics and the commercialization
of new prosthetics innovations. Its research is focused on a
nanoparticle platform technology capable of producing multiple
products for amputees.
The awards were made this week by the governing board of the
Oklahoma Center for the Advancement of Science and Technology. The
program is designed to provide financial support and technical
services for the use of nanotechnology in Oklahomas
manufacturing and business community.
Two OCAST partners, the Oklahoma Alliance for Manufacturing
Excellence and i2E were contracted to help implement the new
program.
There were 26 applications for the nanotechnology applications
awards, said Michael Carolina, center executive director. The
recipients were selected through a competitive, peer-reviewed
process, he said.
Our goal is to establish Oklahoma as a key player in
nanotechnology and create an environment conducive to the rapid
development and commercialization of nanontechnology,
Carolina said.
More Oklahoma Nanotechnology Applications Project funding is
available through OCASTs Oklahoma Applied Research Support
program specifically targeted to the later stage development of
nanotechnology.
That money is expected to be awarded before the end of June,
Carolina said.
Copyright 2007, The Oklahoma Publishing Company



