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Nanotechnology

A big future for small things? Global Investor Focus, 02/2005 Credit Suisse

A big future for small things?
Global Investor Focus, 02/2005
Credit Suisse

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GLOBAL INVESTOR FOCUS<br />

<strong>Nanotechnology</strong>—15<br />

“The impact of nanotechnology on the health, wealth,<br />

and lives of people will be at least the equivalent of the combined<br />

influences of microelectronics, medical imaging, computeraided<br />

engineering and man-made polymers developed in this<br />

century.” // Richard E. Smalley, 1996 Chemistry Nobel Laureate<br />

with a tenfold reduced power consumption and eventually even an<br />

elevator to space, as recently studied by NASA. <strong>Nanotechnology</strong> will<br />

also have potentially significant impacts on energy efficiency, storage<br />

and production. <strong>Nanotechnology</strong> could help revolutionize the energy<br />

industry, producing advances in solar power cell technology and the<br />

development of fuel cells.<br />

No nanotechnology without the right tools<br />

In 1981, Heinrich Rohrer and Gerd Binnig at IBM Research Laboratory<br />

in Zurich developed the scanning tunneling microscope, STM, a device<br />

that enables researchers to analyze and manipulate matter at the<br />

atomic scale. This invention laid the groundwork for further advances<br />

in nanotechnology. Further progression in nanotechnology generated<br />

a demand for new commercial instruments for routine use in the handling<br />

of nanostructures and nanodevices. A whole range of tools<br />

similar to the STM, such as the Atomic Force Microscope (AFM), and<br />

an entirely new generation of instruments has evolved to support microand<br />

nanotechnology. The emerging market of tools for nanotechnology<br />

will play a key role in the development of this industry.<br />

Do the benefits outweigh potential risks?<br />

While many believe that the influence of nanotechnology will be a<br />

universal cure-all, others have serious concerns about its social,<br />

political and economic effects. A primary fear is the use of nanotechnology<br />

will generate unwanted side effects, which could harm lives<br />

and the environment. It is impossible to avoid such effects completely,<br />

as almost any technology can be abused. However, internal<br />

control of scientific and technological developments in nanotechnology<br />

is inherently better than in other fields of high technology. This<br />

is due to the fact that an interdisciplinary group of scientists and<br />

engineers are ultimately responsible for their findings. Nevertheless,<br />

experts predict that governments may soon step in to create laws or<br />

regulations concerning nanotechnology.<br />

æ<br />

Miele’s easy clean ovens<br />

Oven cleaning is not a favorite<br />

chore for most people.<br />

It often gets put off until the task<br />

takes hours of scrubbing to<br />

remove burned-on grease. Knowing<br />

this, Miele has created<br />

PerfectClean enamel, a material<br />

treated with nanotechnology<br />

surface finishing that prevents<br />

food and grease particles<br />

from bonding with the oven cavity,<br />

racks and even its baking<br />

sheets. Spills also can’t burn on.<br />

This technology hasn’t abolished<br />

the need for oven cleaning,<br />

but made it significantly simpler.<br />

www.miele.de<br />

Source: Miele<br />

Hartchrom’s surface technology<br />

Hartchrom, Switzerland, and<br />

Nanogate Coating Systems,<br />

Germany, developed Nanochrome ® ,<br />

a surface technology that is<br />

antiadhesive, and corrosion- and<br />

temperature-resistant. The<br />

Nanochrome ® coating system has<br />

been used for web offset printing,<br />

and resulted in a reduction of<br />

cleaning effort for the paper guide<br />

rolls up to 85 percent. In comparison,<br />

customary paper guide<br />

rolls must be cleaned after<br />

333,000 rotations and Nanochrome<br />

® rolls require cleaning<br />

after only 850,000 to 1.3 million<br />

rotations. Nanochrome ® applications<br />

in other industrial fields,<br />

such as in paper and foil manufacturing,<br />

are being developed.<br />

www.hartchrom.com<br />

Table 1<br />

Estimated public funding of nanoscience<br />

and nanotechnology<br />

Source: Bundesministerium für Bildung und Forschung<br />

(in CHF million) 2000 2001 2002 2003 2004<br />

Europe 240 400 580 850 900<br />

Switzerland 20 25 25 27 30<br />

USA 360 500 680 920 1020<br />

Japan 330 720 900 950 950<br />

Others 180 250 540 600 650<br />

Source: Hartchrom, Switzerland

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