Nanotechnology is "shifting from discovery to commercialization," with more than $50 billion in nano-enabled products sold worldwide last year, according to Lux Research. In its recently released reference guide, The Nanotech Report, the emerging technologies advisory firm shares additional key findings, such as:
$11.8 billion funding for nanotechnology in 2006
13% increase in nanotechnology funding, 2005 to 2006
$699 million nanotechnology venture capital spending in 2006
Bio: Jill Jusko is executive editor for IndustryWeek. She has been writing about manufacturing operations leadership for more than 20 years. Her coverage spotlights companies that are in pursuit of world-class results in quality, productivity, cost and other benchmarks by implementing the latest continuous improvement and lean/Six-Sigma strategies. Jill also coordinatesIndustryWeek’s Best Plants Awards Program, which annually salutes the leading manufacturing facilities in North America.