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QuantumSphere, Inc., Award Recipient, Frost & Sullivan’s 2005
Technology Innovation Award
Frost & Sullivan’s 2005 Technology Innovation of the Year Award in the field of metallic nanopowder technologies goes to QuantumSphere, Inc. in recognition of the company’s development of a novel automated vapor-deposition based process technology for the production of high-quality metallic nanopowders and alloys. These materials could ultimately replace platinum as the main catalyst in a variety of fuel cells and battery electrodes, in addition to being used in ‘traditional’ areas such as coatings, conductive inks, filtration membranes as well as for structural applications. Frost & Sullivan’s Excellence in Technology Award recognizes QuantumSphere, Inc.’s contributions towards developing high performance metallic nanopowders via a novel automated gas phase condensation process technology.
Frost & Sullivan’s Technology Innovation Award is bestowed upon a company (or individual) that has carried out new research; which has resulted in innovation(s) that have or are expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. This Award recognizes the quality and depth of a company’s research and development program as well as the vision and risk-taking that enabled it to undertake such an endeavor.
To choose the Award recipient, Frost & Sullivan’s analyst team tracks innovation in key hi-tech markets. The selection process includes primary participant interviews and extensive primary and secondary research via the bottom-up approach. The analyst team shortlists candidates on the basis of a set of qualitative and quantitative measurements. The analyst also considers the pace of research and technology innovation and the significance or potential relevance of the innovation to the overall industry. The ultimate Award recipient is chosen after a thorough evaluation of this research.
In addition of the methodology, there are specific criteria used to determine the final rankings. The recipient of this Award has excelled based on one or more of the following criteria:
• Significance of the innovation(s) in the industry, and across
industries (if applicable)
• Potential of the products of innovation(s) to become industry standard(s)
• Competitive advantage of innovation vis-à-vis other related ones
• Impact (or potential impact) of innovation(s) on company or
industry mindshare and/or company bottom line
• Breadth of intellectual property related to the innovation(s),
i.e. patents, scientific publications, papers in peer reviewed journals.
QuantumSphere is honored to have been bestowed such a prestigious industry award and congratulates the team here that has made this all possible.
Read Full Award Criteria and Description of QSI’s Scientific Contributions