Nano profits?

Here's one that caught my eye. Perhaps for those of you not ploughing your hard earned cash in Nanotechnology yet this story might convince you. It was titled "Gidron, Petruschka founding nanotechnology start-up" Now these two guys are the guys who sold Chromatis Networks to Lucent Technologies for nearly five billion dollars. Then Lucent shut it down a year later. Now that was either worth getting rid of competition, (expensive) a big booboo(very expensive) or something else (still very expensive) They two gentlemen in question have reportedly started a Nanotechnology 'startup'. Why wouldn't they with all the cash they made.

"The Confederation of Indian Industry had recently signed a memorandum of understanding with the National Research Coucil of Canada, for cooperation between small and medium enterprises in the fields of life sciences, renewable energy and joint development of industrial nanotechnology.

It aims to help small enterprises in both countries to develop a link with research institutions for creation of new technologies and their commercial production." Excuse my ignorance but it looks like the native american peoples may yet have the last laugh.

Zyvex and Arkema today that they will jointly develop commercial nanomaterials applications. I got the story from the pr news wire but I am sure you can read about it on their respective sites.

Ok talk to all soon.