Inc., a developer of energy-saving component products and performance materials,
today announced it has received the 2008 Wall Street Journal Technology Innovation
Award for materials and base technologies.
Nanocomp Technologies received this award because of its unique processes to
create large sheets of fabric and lengths of yarn using carbon nanotubes. Previously,
the market hasn't been able to take full advantage of the special qualities
of carbon nanotubes because manufacturers could only produce tubes that were
a few microns long -- less than the diameter of a human hair -- limiting their
The Company's carbon nanotubes are widely recognized for their uniquely long
lengths -- up to one millimeter. As a result, Nanocomp Technologies' products
are significantly stronger, more conductive, and safer to use when compared
to competing short, powdery types of carbon nanotube alternatives.
"We are honored to be recognized by such a prestigious international publication
for the technical innovations that we have developed to deliver the world's
largest useful nanotechnology material formats," said Peter Antoinette,
co-founder, President and CEO of Nanocomp Technologies. "From its very
outset, our company has focused on developing high strength, highly conductive
materials and using these as building blocks to develop component products that
solve a wide range of problems in energy, aerospace, and commercial applications
with unprecedented performance and manufacturing scale."
"This award recognizes Nanocomp Technologies' underlying technology as
well as our unique capability to produce 21st century ultra-lightweight carbon
nanotube electrical wires, cables, and shields with the potential for major
fuel savings in aerospace and improved body armor leading to next generation
lightweight composites. Our Company's underlying technology and focus on creating
value-added components will result in exciting, real world products that can
change the game in performance and energy," Antoinette noted.
Now in its eighth year, The Wall Street Journal's Technology Innovation program
received more than 700 entries for this year's awards from around the world.
A Journal editor narrowed the field down to 162 nominees, which were then scored
by a panel of world leaders in business, investment, and technology. The judging
panel looked for innovations that broke new ground in their fields and that
demonstrated measurable impact. Winners were chosen representing the best in
16 different technology categories. The list of award winners is included in
the print editions of The Wall Street Journal dated September 29, 2008, and
on The Wall Street Journal's Web site at http://www.wsj.com/.
Nanocomp Technologies will be recognized at an awards ceremony and dinner October
21, 2008 at the Sofitel San Francisco Bay Hotel, in Redwood City, California.
The ceremony will be held in conjunction with the Dow Jones Alternative Energy
Posted October 14th, 2008