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