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Sunday, 10/14/2007 11:28:55 AM

Sunday, October 14, 2007 11:28:55 AM

Post# of 1171
Why Nanotechnology?

Emerging technology with $2.6 Trillion in new products by 2015. Source: Lux Research.

Global market for nanotechnology products over $10 Billion in 2006 and to grow to about $25 Billion by 2011. Source: BCC Research.

$135 Billion market in 2007 to be $693 Billion in 2012 and $2.9 Trillion in 2015. Source: Cientifica Ltd.

"Next frontier of innovation across almost every sector is based on nanotechnology." Sean Murdock, Executive Director of Nano-Business Alliance

"Nanotechnoly development time is less than half that we expected. ...If a company does not enter nanotechnology now, in five years, it will be too late..." Mihail Roco, head of National Nanotechnology Initiative at the National Science Foundation.

"The best way I can describe it is if you close your eyes and dream. You could never be sick, have all the energy you need, all the water, all the food and no diseases. There is no aspect in the world economy or your personal life that is not assumed to be transformed by this new technology." Pat Mooney, head of the anti-technology activist organization ETC Group.


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