NANOBUSINESS NEWS
QuantumSphere Achieves Milestone: Nano-Nickel/Cobalt Alloy, Replaces Platinum
QuantumSphere, Inc. Achieves Performance and Validation Milestone With Proprietary High-Quality Nano-Nickel/Cobalt Alloy For Replacement Solution in Multi-Billion Dollar Platinum Electrode Market
Industry Milestone to Deeply Impact OEM and Consumer Marketplace While Reshaping the Platinum Group Metal Catalyst Landscape
QuantumSphere, Inc. [profile], the leading manufacturer of metallic nanopowders for applications in aerospace, defense, energy and other markets demanding advanced material applications, announced ("QSI- nano(tm) Ni/Co alloy") as a clear replacement solution for the platinum electrode market. QuantumSphere is the only supplier of the world’s highest quality metallic nanomaterials including QSI- nano(tm) Ni/Co and other proprietary alloys. Independent validation, provided by DoppStein Enterprises, Inc. (DSE) regarding this development, poses a serious issue for platinum suppliers in the platinum group metal catalyst market, as QSI- nano(tm) Ni/Co alloy will alleviate dependency on platinum as the main catalytic material in a variety of battery and fuel cell applications– while presenting tremendous business and cost savings advantages for companies.
GE’s Nanotechnology Future
Earlier this year, General Electric (NYSE: GE) [profile] pledged to increase earnings at a double-digit clip in both 2005 and 2006. For a company with a market capitalization of $360 billion and annual revenues exceeding $160 billion, it was a remarkably bold prediction and clearly separated it from some of its more conservative competitors, including 3M (NYSE: MMM), IBM (NYSE: IBM), DuPont (NYSE: DD), and United Technologies (NYSE: UTX). So far, the Connecticut-based company has backed up its prediction with admirable results. For the second quarter, total revenue growth was 13%, and 11 of its divisions reported double-digit growth. The big questions: Will this growth continue? Does GE continue to represent a good long-term investment? My answer to both questions is yes — and, if you’ll engage in a little "nanoimagination" with me, I think you’ll see why.
