NNI Supplement to the President’s FY 2008 Budget Request

Subject Area:
NNI Budget
Author: NSTC/NNI/NSET
Publication Date: Jul. 31 2007

Description:

Describes activities underway in 2007 and planned for 2008 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 2007 and requested investments for 2008 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

Nanotechnology is used in many commercial products and processes, for example, nanomaterials are used to manufacture lightweight, strong materials for applications such as boat hulls, sporting equipment, and automotive parts. Nanomaterials are also used in sunscreens and cosmetics.

Nanostructured products are used to produce space-saving insulators which are useful when size and weight is at a premium—for example, when insulating long pipelines in remote places, or trying to reduce heat loss from an old house. Nanostructured catalysts make chemical manufacturing processes more efficient, by saving energy and reducing waste.

In healthcare, nanoceramics are used in some dental implants or to fill holes in diseased bones, because their mechanical and chemical properties can be “tuned” to attract bone cells from the surrounding tissue to make new bone. Some pharmaceutical products have been reformulated with nanosized particles to improve their absorption and make them easier to administer. Opticians apply nanocoatings to eyeglasses to make them easier to keep clean and harder to scratch and nanoenabled coatings are used on fabrics to make clothing stain-resistant and easy to care for.

Almost all high-performance electronic devices manufactured in the past decade use some nanomaterials. Nanotechnology helps build new transistor structures and interconnects for the fastest, most advanced computing chips.

All told, nanotechnologies are estimated to have impacted $251 billion across the global economy in 2009. This is estimated to grow to $2.4 trillion by 2015 (Lux Research, 2010).

For more information, see Benefits and Applications.

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