NANOTECH IS ALREADY A BILLION-DOLLAR INDUSTRY

Investment in nanotech anything but small
Last modified: March 8, 2004, 2:37 PM PST
By John G. Spooner
Staff Writer, CNET News.com

BOSTON--Nanotechnology is already a billion-dollar industry, and it's barely out of the lab.

The U.S. government plans to plow nearly $1 billion into nanotech research during fiscal 2004, and it'll add $3.7 billion more between fiscal 2005 and 2008, said Clayton Teague, director of the National Nanotechnology Coordinator Office, a government department that facilitates cooperation between academic researchers, corporations and other government offices. (full article)