Applied Nanotech Holdings Receives Phase I SBIR Grant from U.S. Department of Energy

Applied Nanotech Holdings, a research and commercialization organization, claimed that it will be developing ultra-lightweight hydrogen fuel tanks using carbon nanotube reinforcement, using the Phase I SBIR grant in the amount of $149,426 from the U.S. Department of Energy.

A recent survey stated that the sales of composite pressure vessels are expected to reach $250 million by 2013 and upwards of $560 million by the end of the decade

In building natural gas vehicles, carbon fiber is prominently used because of the material’s lightweight nature and it has a lighter density. But natural gas vehicles cost high because of carbon fiber. And by embracing nanotechnology enhanced resins in high pressure hydrogen storage vessels one can realize huge commercial benefits.

Officials with Applied Nanotech asserted that they are pleased to see that their nano-composite technology, first commercialized for sporting goods – badminton racquets and golf club shafts – with Yonex Corporation, is starting to gain traction in other commercial applications with very large market potential.

Applied Nanotech claimed that by integrating its carbon nanotubes into the resin matrix, it can make the resin itself absorb much load currently absorbed by the carbon fiber reinforcement which in turn decreases the dependence on carbon fiber. This will only result in lower material costs and lighter pressure vessels, enabling a more streamlined manufacturing and supply chain process and ultimately a more efficient vehicle.

The company at present is working with its partners to develop newer substances that are tailored to enhance the underlying products of its potential customers. The company also claimed that its carbon nanotubes have a three dimensional network that provides excellent stability, promotes enhanced enzyme loading and provides increased analyte exposure. The nanotubes have the ability to provide improved mechanical strength for sporting goods equipment and windmill blades. 

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.