Feb 16 2009
An Australian nanotechnology company that is developing an efficient water purifying technology is one of 17 Australian firms and research institutes heading to Japan for the world's largest nanotechnology exhibition.
Nano tech 2009 will be attended by around 50,000 people representing over 600 firms and agencies from 21 countries.
"Nano tech 2009 gives Australian nanotechnology firms opportunities to build strong international relationships which are critical in this rapidly moving area," Senator Carr, Minister for Innovation, Industry, Science and Research said.
"Innovation creates new economic and social opportunities. The Australian Government is committed to promoting responsible development of emerging and enabling technologies like nanotechnology.
"Nano tech 2009 has a green nanotechnology theme. Australian exhibitor Starpharma is developing an efficient nano sponge to capture toxins from contaminated water. Access to pure water is an increasing issue in Australia and globally. This technology has the potential to make unsafe water usable.
"Studies say nanotechnology could be worth $50 billion to the Australian economy by 2014.
"Nanotechnology receives around $140 million in Australian Government support through the National Nanotechnology Strategy, Australian Research Council research grants, CSIRO research programs, and infrastructure provided under the National Collaborative Research Infrastructure Scheme.
"The Australian Government has provided the Australian Nanotechnology Business Forum-led delegation, comprising nanotechnology companies and research institutes, with an $88,000 grant to take part in nano tech 2009."
The forum was established as the nanotechnology sector's peak body to further the interests of Australian private sector nanotechnology companies.