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NanoKTN Returns 82 Fold Increase on Investment from Technology Strategy Board

The Nanotechnology Knowledge Transfer Network (NanoKTN), one of the UK’s primary knowledge-based networks for Micro and Nanotechnologies, has announced details of the significant commercial activity that resulted from an outward mission to Germany in March 2008.

In conjunction with the Science & Innovation Network (DIUS), the NanoKTN organised a mission on nano-enabled clean energy technologies through which innovative nanotechnology companies in the UK met with German organisations to discuss the application of nanotechnology to the needs of the energy and environment sector. Led by Dr Martin Kemp of the NanoKTN, the UK delegates included representatives of Ilika, Begbroke, Oxford University, Surrey Nanosystems Ltd, Diamond Hard Surfaces, TwentyNinety and the National Physical Laboratory (NPL). The delegation met initially with around 40 delegates at a high-profile workshop and networking event held in the British Embassy Berlin.

Alec Reader, NanoKTN Director said, "Whilst some positive feedback was received immediately after the mission, it often takes months, in some cases years for contacts to turn into contracts. We have been in regular contact with the mission participants and can now report that 18 months after the mission, some significant commercial activity has resulted for each of the UK companies."

"The total costs to the NanoKTN were estimated to be £6.2k, which was converted into £510k of income to participants and represents an 82 times return on Technology Strategy Board funds invested. This income was split between £245k of sales won and £275k of research funding.

Surrey Nanosystems Ltd

Following the mission, the company secured an order for manufacturing equipment from LudwigMaximilians University (LMU) (value £200k) to support fundamental research into the fabrication of hybrid solar cells.

Diamond Hard Surfaces

Joint development agreement initiated between Diamond Hard Surfaces and an undisclosed German company. The company has already received several orders and with combined technology is considering a product launch in late 2009.

National Physical Laboratory (NPL)

Following the mission, NPL collaborated with BASF on a Nanotoxicology EU proposal on metrology which was successful and resulted in £25k funding.

TwentyNinety

A large international JV photovoltaic manufacturer who attended the Berlin Embassy sessions has agreed to provide its modules to TwentyNinety for product testing prior to initiating formal product testing at its manufacturing and development site in Germany.

Ilika

Following the mission Ilika has had on-going interactions with a number of large German chemical companies and materials companies.

Begbroke, Oxford University

Begbroke secured a number of outcomes including lecturer secondments and student exchanges, speaker invitations to workshops and events in Germany and the university was awarded the contract to manage the second British-German Nanotechnology Forum.

Further information on the NanoKTN can be found on the website at www.nanoktn.com.

Established by the Technology Strategy Board, the NanoKTN is managed by Centre for Process Innovation Ltd, a leading technology development and consulting company.

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