Advanced materials: NanoSteel
One case in point is today's announcement that EnerTech and MILCOM Technologies have invested in a "midsized round" of financing for NanoSteel. NanoSteel's proprietary technology for steel fabrication results in lower weight, stronger steel with less chromium exposure for those that work with the metal.
Here's a great quote from Vincenzo LaRuffa of EnerTech:
"I think a really interesting application in particular is reducing the amount of steel in an automobile, and the massive fuel savings that could lead to. While a bit on the horizon, it was very core to our investment thesis. In many ways it’s a far more compelling solution than hybrids or fuel cells."
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