Nanotechnology to Boost Space Industry | NDN
 

Nanotechnology to Boost Space Industry

Summary posted by Meridian on 4/7/2008
Source: Russia Today
Author: n/a

The Russian Federal Space Agency and Russian technology company Rosnanotekh are partnering to promote nanotechnology in Russia’s critical industries, beginning with the space industry. Leonid Melamed of Rosnanotekh said: “The current task is to create competitive advantages for Russia`s space agency using nanotechnology. This will help our space industry not only to maintain its current market position but also to enter other international markets.” According to the article, Russian businesses have been slow to adopt innovations by Russian researchers because of the delay in profits from investing in new technologies. Insurance analyst Evgeny Shago explained that the Russian government is the only entity poised to invest in such projects as nanotechnology. According to the article, Russia is also interested in remaining competitive against China and India, both of which are exploring nanotechnology. The article can be viewed online at the link below.

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