ApNano Receives €11.6M from EU for Research on Nanoparticles

 
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PostPosted: Wed Jan 11, 2006 10:20 am    Post subject: ApNano Receives €11.6M from EU for Research on Nanoparticles Reply with quote

ApNano Materials Receives €11.6 Million from European Union to Research Composite Coatings and Lubricants Based on Nanoparticles

ApNano Materials, a provider of nanotechnology-based products, today announced that the European Union Commission has approved a grant of €11.6 million to develop new composite coatings and lubricants based on ApNano Materials' nanoparticles - the inorganic fullerenes (IF) - which have unique friction and wear reducing properties. The four and half year, pan-European project ,whose total budget is €18.9 million, is funded by the European Union’s Sixth Framework Program for Nanotechnologies and Nanosciences, Knowledge based Multifunctional Materials and New Production Processes and Devices.

The project, named FOREMOST (Fullerene-based Opportunities for Robust Engineering: Making Optimized Surfaces for Tribology) will research new ways of introducing ApNano Materials’ inorganic fullerene nanoparticles into surface coatings and lubricants. The new products will reduce friction and wear, save energy costs, extend operational life of mechanical parts, reduce maintenance and lower the environmental impact of a wide range of mechanical elements for the aerospace, automotive, power generation and manufacturing industrial sectors.

The FOREMOST project involves the establishment of a Pan-European consortium of 31 companies and research organizations, including Rolls-Royce, Renault, EADS (European Aeronautic Defence and Space Company EADS N.V.), Goodrich Corporation, Ion Bond, FUCHS PETROLUB AG, Nanomaterials Ltd. (the fully owned Israeli R&D company of Apnano Materials), and leading European universities and research institutes. The project is coordinated by Fundation TEKNIKER, based in Eibar, northern Spain.

The fullerenes are soccer ball-like clusters of atoms, named after R. Buckminster Fuller, the architect of the geodesic dome appearing at the 1967 Montreal World Exposition. ApNano Materials’ revolutionary nanoparticles are nested spheres of special metal inorganic compounds.

The inorganic fullerenes were first discovered in breakthrough work in nanotechnology performed at the Weizmann Institute of Science, Israel, by a group headed by Professor Reshef Tenne, currently the Head of the Institute's Department of Materials and Interfaces. Dr. Menachem Genut, ApNano Materials' CEO was a research fellow in the original research group which discovered the IF nanoparticles at the Weizmann Institute and first to synthesize the new material.. Based on the inorganic fullerenes, ApNano Materials has developed the world's first nanotechnology-based solid lubricant – NanoLub.

Recently, Professor Reshef Tenne was awarded the prestigious Materials Research Society (MRS) medal "for realizing that nanoclusters of layered compound materials (e.g., MoS2, WS2) can be made to fold into hollow cage structures, in analogy to graphitic carbon. These structures, known as 'inorganic fullerenes,' constitute a materials class with exciting new properties.”

"The decision of European Union Commission is a recognition of NanoLub’s potential to enhance the performances of machines and moving parts, saving energy and reducing pollution." said Dr. Menachem Genut, President and CEO of ApNano Materials. "The health aspects of Nanolub where extensively studied and were recently completed. The research clearly shows that NanoLub is non-toxic and can be considered as an environmentally friendly material."

"The special properties of the IF nanostructures has attracted significant interest from industry around the world," said Aharon Feuerstein, co-Founder, Chairman and CFO of ApNano Materials. “To date large quantity production of the IF has been achieved by the company at its facility in the Weizmann Science Park, Nes Ziona, Israel and work is underway for a scaled-up semi-commercial unit to produce 100-200 kg/day which will be followed by a full industrial production facility to produce tons of material per day."

“NanoLub has been shown in numerous independent tests worldwide to reduce friction and wear significantly better than conventional lubricants, especially under extreme conditions such as very high loads” said Dr. Niles Fleischer, Vice President of Business Development and Vice President of Product Development of ApNano Materials. “NanoLub is used as an additive to enhance the lubricating properties of oils and greases, formulated as an anti-friction coating, and used for impregnating self-lubricating sintered metal parts.”

Source: ApNano Materials.

URL: http://www.apnano.com/

This story was posted on 10 January 2006.
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