Nanotechnology in Iceland: Market Report

Topics Covered

Have we missed you? Are you a company, organisation or research group operating in this region and feel you warrant inclusion on this page? Also please feel free to help us keep this page up to date with the latest news or research from your organisation or suggest general edits. Shoot through an email and one of our editorial team will get back to you.

Nanotechnology Organisations
Nanotechnology Education and Research
Recent Developments


Iceland is an island country located northwest of the United Kingdom in Northern Europe. It covers an area of 103,000 km2 and had a population of 313,183 as of July 2012.

Iceland’s economy is a good mix of a capitalist structure coupled with free-market principles. The economy has moved from fisheries to manufacturing and service industries in the last 10 years. Biotechnology and software production have also contributed to the economy. The GDP of the nation in 2012 was $12.95 billion.

Nanotechnology Organisations

Iceland has an organisation that is involved with the promotion of nanoscience and exploring the challenges and future of nanotechnology. A brief outline is given below:

  • Icelandic Centre for Research (RANNIS) - The Icelandic Centre for Research (RANNIS) supports research, research studies, technical development and innovation in Iceland. RANNIS reports to the Ministry of Education, Science and Culture. An annual budget is specially allocated for the development of Nanoscience and Nanotechnology by RANNIS.

Nanotechnology Education and Research

Iceland is home to a few universities that offer research and educational opportunities in nanotechnology. Given below is a list of universities and academic institutions in Iceland and the academic courses or research opportunities offered by them.

  • Nano Physics Center – The Science Institute at the University of Iceland owns the nano physics center that is dedicated to the education of outstanding young scientists, research at the highest international level and focus on innovation and technology transfer to the industry.

  • Nano Physics Group - The nanophysics group conduct research, both theoretical and experimental. Their research interests include fabrication and growth of semiconductor samples, vacuum electronics based on semiconductor microstructures, spin and charge transports in semiconductor heterostructures and photonics and hyperfine interaction in semiconductor nanostructures. The group is  a part of the Reykjavík University.

  • University of Iceland - The Faculty of Physical Sciences promotes the research of Solid State Physics and nanophysics- Photonics.

Recent Developments

Global interest in the nanotechnology research activities at the University of Iceland has been increasing since they began expanding their activities in 2005. Over 200 research papers and articles have been published in various prestigious international journals such as Applied Physics Letters, Nature Photonics, Angewandte Chemie, Physical Review Letters, and PCCP. The research work has gained the University two Grants of Excellence from the Research Fund of Rannís. The University has now become a platform for world-class research in nanotechnology in Iceland.

Nanomedicine Conference 2012 was organized by the University of Delaware in August 16-17, 2012. It was the first international symposium on nanomedicine in drug delivery and cancer diagnosis. One of the key note speakers was Már Másson PhD from the School of Health Science, University of Iceland. The countries that participated in the Naomedicine Conference included USA, India, Iceland, Germany, and Slovenia.

The University of Icelend is a "mover and shaker" in the nanotechnology world. Their researchers are quite prolific in the publishing and their work is attracting the attention of both domestic and international bodies.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this article?

Leave your feedback