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Posted: Sep 03, 2008
Nano-Titanium Technology Yields Lighter, Stronger Metals for Airplanes and Cars
(Nanowerk News) Manhattan Scientifics announced today that a video of its July 2, 2008 press conference regarding the acquisition of Metallicum, Inc. is available at http://www.mhtx.com/media.htm. The video includes footage of U.S. Senator Jeff Bingaman, U.S. Representative Tom Udall, New Mexico Lt. Governor Diane Denish and Vice President of U.S. Industry Coalition, John Peel.
The company is pioneering the use of super strong metals using nanotechnology, which means that less material will be required for the same purpose, translating to lighter weight and significant fuel savings in cars, airplanes, trucks, trains and ships. Nanotechnology can trim thousands of pounds from airplanes and hundreds of pounds from cars without sacrificing structural strength or adding significant manufacturing cost.
The proprietary nanometal technology was created by former Russian scientists working with U.S. scientists at the Los Alamos National Laboratory (LANL). The patented technology is owned by LANL and licensed to Manhattan Scientifics/Metallicum. Manhattan Scientifics has initiated commercializing the technology.
The use of super stronger metals means less material is required for the same purpose, translating to lighter weight and reduced environmental impact. The proprietary technology is expected to trim thousands of pounds from airplanes and hundreds of pounds from cars without sacrificing structural strength or adding significant cost. The fuel savings to the American public could be significant. A New York Times article on June 11 titled To Save Fuel, Airlines Find No Speck Too Small further details how airlines are scrutinizing every step of their operations, searching for new ways to cut fuel bills.
The company's nanostructured metals also have wide implications for use in the medical device and prosthetics industries including cardiovascular stents, dental implants, and replacements for hips, shoulders and knees. Clinical studies have shown that bone integrates with these new metals up to 20 times faster than with conventional metals. This means faster healing after surgery and ultimately longer lifetime for nanostructured metal implants.
After touring Metallicum's Albuquerque factory, Senator Bingaman said, "This is a great occasion - an example where government-funded research is in fact generating jobs in the private sector. That is very encouraging, and is greatly benefiting the civilian sector."
About Manhattan Scientifics
Manhattan Scientifics, Inc., http://www.mhtx.com/, is located in New Mexico, New York, and Montreal. It is developing and plans to acquire technologies that are environmentally and people friendly.