10/16/2007 1:06:17 PM
WESTWOOD, Mass.--(BUSINESS WIRE)--Nano-C, Inc., leading developer of nanostructured carbon materials, today announced the company has been selected by the National Institute of Standards and Technology (NIST) to develop a novel manufacturing process for nanostructured carbon materials, including fullerenes and single-walled carbon nanotubes (SWCNT), to dramatically increase yields and reduce costs, enabling wider application. The company was selected under the agency’s Advanced Technology Program (ATP). The project is expected to last three years with a projected $2.9 million in funding. The company is cost sharing approximately 30% of project.
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