National Nanotechnology Initiative; Research and Development Supporting the Next Industrial Revolution, Supplement to President’s FY 2004 Budget, August 2003

Subject Area:
NNI Budget
Author: NSTC/NNI/NSET
Publication Date: Aug. 29 2003

Description:

Provides a summary of the organization and management of the National Nanotechnology Initiative (NNI), highlights recent accomplishments, and outlines the challenges and vision for the coming fiscal year and beyond.


Nanotechnology Fact

Yes, nanotechnology is becoming ubiquitous in our daily lives and has found its way into many commercial products, for example, strong, lightweight materials for better fuel economy; targeted drug delivery for safer and more effective cancer treatments; clean, accessible drinking water around the world; superfast computers with vast amounts of storage; self-cleaning surfaces; wearable health monitors; more efficient solar panels; safer food through packaging and monitoring; regrowth of skin, bone, and nerve cells for better medical outcomes; smart windows that lighten or darken to conserve energy; and nanotechnology-enabled concrete that dries more quickly and has sensors to detect stress or corrosion at the nanoscale in roads, bridges, and buildings. By some estimates, revenue from the sale of nanotechnology-enabled products made in the United States has grown more than six-fold from 2009 through 2016 and is projected to exceed $500 billion in 2016.

For more information, see Benefits and Applications.

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