The National Nanotechnology Initiative: Research and Development Leading to a Revolution in Technology and Industry, Supplement to the President's FY 2006, March 2005

Subject Area:
NNI Budget
Author: NSTC/NNI/NSET
Publication Date: Mar. 21 2005

Description:

Describes activities underway in 2005 and planned for 2006 by Federal agencies participating in the National Nanotechnology Initiative (NNI), primarily from a programmatic and budgetary perspective.  It is based on the NNI Strategic Plan released in December 2004 and reports estimated investments for FY 2006 by Program Component Area (PCA), as called for under provisions of the 21st Century Nanotechnology Research and Development Act (Public Law 108-153).


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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