The U.S. Department of Energy (DOE) has awarded NanoMech Inc. a grant for $1 million to develop and test a pilot-scale production facility for the manufacturing of NanoGlide.
NanoGlide is a family of next-generation lubricant additives engineered at nano scale to increase performance by reducing friction and wear in extreme pressure conditions, according to the company. Its applications include wind turbines, earth movers and trucking fleets.
NanoGlide was developed from nanoparticle research at the University of Arkansas (UA) under the direction of NanoMech chief technology officer and UA professor Ajay P. Malshe. This patent-pending technology is exclusively licensed to NanoMech Corp.
The DOE's Small Business Innovation Research Phase II grant follows an earlier Phase I project that NanoMech recently completed. The grant is funded by the American Recovery and Reinvestment Act of 2009 and administered through the DOE.
SOURCE: NanoMech Inc.