Nanotecture wins Frost & Sullivan’s European Union Technology Innovation Award

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Nanotecture Ltd, an innovative company with patented nanoporous technologies for multiple applications such as energy storage in which Foresight is an investor, is delighted to announce it has won Frost & Sullivan’s 2010 European Union Technology Innovation Award in Nanomaterials. The award was presented to Nanotecture’s Chairman, Michael Stevens, at Frost & Sullivan’s Excellence in Best Practices Awards Banquet held in London last night.

Nanotecture was selected for the award, from a pool of 50 companies, for its unique nanoporous metals which are used to improve energy storage devices. Key to winning the award was the uniqueness of the technology, the impact on functionality and the relevance of the innovation to the energy industry.

Nanotecture’s innovation adopts an efficient nanopore technology, which makes it easier to manufacture and handle than other nano-particle and nano-sized material technologies. Nanoporous materials have a high surface area, vastly improving performance in a supercapacitor electrode, resulting in an asymmetric supercapacitor design that is capable of delivering more energy at higher powers when compared to a standard electrochemical capacitor.

Bill Campbell, Chief Executive Officer of Nanotecture, commented: “Nanotecture’s innovation comes at a time when a technological juncture of nanotechnology, material science, and energy storage is emerging.  Our core technology also supports the production of nonporous materials in different forms including thin-film, monolithic, powder, and discrete particles, allowing for applications such as thin-film sensors and microelectrodes. The implications of our work are vast and I am delighted that this has been recognised by Frost & Sullivan. “

Candidates were assessed using Frost & Sullivan’s CEO 360 Degree Perspective model, which provides an illustration of the business context in which CEOs and their management teams operate. This serves as the foundation for its TEAM Research methodology which offers a complete view of industry challenges, trends, and issues by integrating all of Frost & Sullivan's research methodologies.

Christina Priya Dhanuja, Senior Analyst at Frost & Sullivan said: “World over, the need to find efficient ways of storing energy for cleaner production and consumption is higher than ever. There has thus been a significant number of research developments reported within the domain of material science. In this context, Nanotecture's proprietary low-cost nanoporous material production process, which results in the controlled synthesis of nanoscale structures within materials, is a noteworthy development. These nanoporous materials have very high-surface areas, as high as hundred times the area of the equivalent nonporous material. When used to make a supercapacitor electrode, this material ensures a high-speed response and high-power density.

“Our unique approach to research enables us to determine how best-in-class companies worldwide manage growth, innovation and leadership. Based on the findings of this Best Practices research, Frost & Sullivan is proud to present the 2010 European Union Technology Innovation Award in Nanomaterials to Nanotecture for its innovative liquid crystal template technology.”

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