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QuantumSphere, Inc. Leverages Strong Business Fundamentals, Funds University
Research Proposals with High Commercial Potential to Enable New Markets
and Sources of Revenue for OEMs
Santa Ana, CA, U.S.A. – April 12, 2007 – QuantumSphere,
a leading manufacturer of nanoscale metals and alloys for applications in
portable power, renewable energy, electronics, aerospace, defense and other
markets demanding advanced materials, today announced its second year launch
of a major program to fund innovative research that will provide breakthrough
capabilities for QuantumSphere and its global base of customers and partners.
QuantumSphere recently posted a Call for QSI-Nano® Research Grant Proposals
to facilitate partnerships with universities and help bridge the gap between
university research and real-world commercial applications by sponsoring
individual and group research through prototype phase using QSI-Nano® metals
and alloys. The end result of this research will further accelerate validation
and commercialization of QuantumSphere’s advanced nanomaterials in
consumer and industrial applications.
”QuantumSphere’s Call for Research Grant Proposals and funding
of new research initiatives takes a fresh approach on traditional research
methodologies,” said Kevin Maloney, CEO, QuantumSphere, Inc. “Many
research projects focus on the development of abstract experiments in the
laboratory. However, QuantumSphere will only fund research that demonstrates
commercial potential and a clear path to the validation and development of
products that can be manufactured and used in consumer and industrial applications.
It’s truly a four-way win scenario; the researcher(s), universities,
QuantumSphere, and the consumers will ultimately benefit from funded proposals
that lead to commercial breakthroughs and end-use applications. The response
to the 2006 Call for Research Grant Proposals Program was overwhelming and
two solid proposals were funded. This year we’ve expanded the program
from universities within California to universities nationwide. We’ve
also allocated additional research dollars and expect to fund up to five
projects in 2007,” Maloney added.
QSI-Nano® Research Grant Proposals Program Guidelines and Requirements.
-
Funding is open to all graduate
students and postdoctoral students involved in full-time
research within colleges and universities in the
United
States during the 2007 – 2008 academic year
- Proposed research will investigate catalytic, conductive,
magnetic, or anti-microbial applications utilizing
QSI-Nano® Iron, Copper, Silver,
Nickel, Cobalt, and Manganese metals and alloys for commercially viable
applications
- Proposals must contain an explanation of the capability to execute
a research plan beginning from dry, unfunctionalized metal/metal-oxide particles
to prototype product, which encompasses:
- an introduction of the proposed research initiative
and how the use of QuantumSphere’s
nanometals should improve performance of the product/device
- a definition of the current challenges/issues
in the marketplace, and how these challenges/issues
can potentially be resolved with the use
of QSI-Nano® metals
- a summary of the research plan’s timeline that shows a clear path for
validation and potential commercialization beginning with QSI-Nano® metals
to final prototype device and its relevance to an end-use in a commercially
viable application
- a thorough discussion that explains the target
market and potential commercial impact of a successful
prototype
QuantumSphere will fund research
initiatives over a 9 to12 month period. Deadline for
submissions will be June 30, 2007, and award recipients
will be notified by October 1, 2007. More information
about the QSI-Nano® Research Grant Proposals Program
Guidelines and Requirements can be found at: http://qsinano.com/partners_proposals.php.
About QuantumSphere, Inc
QuantumSphere is a manufacturer of nanoscale catalyst materials for applications
in portable power, renewable energy, electronics, aerospace, defense and
other markets demanding advanced materials. QuantumSphere’s proprietary
technology enables the production of ultra-pure, highly uniform nanometals
and alloys less than 100 nanometers in high volume at commercial prices
with the potential to be utilized in a large number of new applications.
QuantumSphere has also created an extensive intellectual property portfolio
around its process capabilities and end-use commercial applications. QuantumSphere
seeks to leverage its market position to manufacture and ship QSI-Nano® catalyst
materials and electrode devices for clean-energy applications such as high-performance
batteries and micro fuel cells for portable power, and hydrogen generation
through electrolysis, among others. The current global catalyst market
is in excess of $10 billion, annually.
QuantumSphere also works closely with industry experts, national labs,
and leading universities to validate QSI-Nano® catalyst materials and
generate licensing rights to intellectual property for high-value commercial
applications. For more information, visit www.qsinano.com or phone 714-545-6266.
