Galt Global Review

QFS 360

November 16, 2004
Big future for a small technology

Newtech Feature
by Esme Friesen


Nanoscience - a fast burgeoning technology - is micro-paving the way to a faster, cleaner future. Widely seen as having huge potential to bring benefits in areas as diverse as drug development, water decontamination, and information and communication technologies, it is also enabling the production stronger, lighter materials and attracting rapidly increasing investments from governments and businesses worldwide.

According to a July 2004 report by The Royal Academy of Engineering (RAE), the estimated total global investment in nanotechnologies is currently around €5 billion, with the number of published patents having increased fourfold from 1995 (531 patents) to 2001 (1976 patents) and having the potential to be worth a global market value of US$1trillion by 2011.

Yet, despite all the fervor amongst those researching and investing in the science and technology, most of us know very little about this little phenomenon.

In another study conducted by RAE in March of this year, an overwhelming majority of people had not even heard of nanotechnology, let alone understands its current applications or future implications.

The results of the opinion poll show that just 29% of the public claim they have heard of nanotechnology, while only 19% are able to give some definition of it, whether accurate or not. Of those who are able to offer a definition of nanotechnology, however, 68% said it would make things better in the future.

Commenting on the results, Professor Nick Pidgeon, a member of the study team, said: “Nanotechnology involves studying and working with matter at an ultra-small scale, and a nanometre is just one-millionth of a millimetre in length. It is not really a shock to discover that most people have not heard about nanotechnology, because it is still a relatively young field. But it is perhaps a little surprising that of those people who know something about nanotechnology, most think it will have a beneficial effect on the future, in view of some of the media reports about the potential dangers of nanoparticles and nanobots turning the world into ²grey goo.”

So, what is it?
Back in 1977, while an undergrad at MIT, Eric Drexler – considered the godfather of nanotechnology and the man who coined the term - came up with a seemingly impossible idea. He imagined a sea of miniature robots that could move molecules so quickly and position them so precisely that they could produce almost any substance out of ordinary ingredients in a matter of hours. In his earlier vision, you could start with a black box of so-called molecular assemblers, pour in a supply of cheap chemicals, and out would flow a profusion of gasoline, diamonds, rocket ships. In the body, tiny machines could cure diseases. In the air, they could remove pollutants. While Drexler's vision may not be entirely possible, it did inspire a whole new generation of chemists, computer scientists, and engineers dedicated to science at the nanoscale.

However, Drexler was not the first to envision this micro world of industry. In his famous 1959 speech, "There's Plenty of Room at the Bottom," physicist Richard Feynman articulated the same vision. Feynman proposed that mechanical systems (now termed molecular assemblers) could direct chemical reactions, building atomically precise products. This molecular manufacturing process, he thought, would enable digital control of the structure of matter. This molecular manufacturing has since been the focus of Drexler's work.

While the idea of tiny mechanical robots doing this work is a little too lofty, the excitement generated by the concept of nanoscience has led to big advances in nanotechnology. We now have faster processors due to our ability to create smaller faster microchip gateways. We can now create a fibre so strong it can ladder us to the moon. We can now detect, through miniature sensors, specific pollutants accidentally or deliberately released into the environment – or even remove them using nanoparticle filters. We can create more efficient fuel cells… the list goes on.

Table - Country investment in nanoscience and nanotechnologies

Europe
Current funding for nanotechnology R&D is about 1 billion euros, two-thirds of which comes from national and regional programmes.
Japan
Funding rose from $400M in 2001 to $800M in 2003 and is expected to rise by a further 20% in 2004.
USA
The USA’s 21st Century Nanotechnology Research and Development Act (passed in 2003) allocated nearly $3.7 billion to nanotechnology from 2005 to 2008 (which excludes a substantial defence-related expenditure). This compares with $750M in 2003.
Australia Australian companies and research institutions are at the forefront of nanotech fields. In the 2003–04 Budget, Australian Government support for science and innovation was $5.4 billion
UK
With the launch of its nanotechnology strategy in 2003, the UK Government pledged £45M per year from 2003 to 2009.
Canada
Generous Canadian government investments in education and research have resulted in nanotechnology activities at 25 universities, 7 institutes of the National Research Council Canada, and a history of well funded university research and infrastructure programs by the Canadian Institutes of Health Research and the Natural Sciences and Engineering Research Council of Canada.

Other Resources
www.nanotec.org.uk
www.nanovip.com
www.foresight.org
www.nanobusiness.ca
www.nanotechnology.com.au

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