MANHASSET, N.Y. Nano-Proprietary Inc.’s susbsidiary Applied Nanotech has announced a strategic alliance with Japan-based Mitsui & Co. Ltd. to develop nanotechnology-based products based on its IP patent portfolio. The product development efforts will facilitate and establish pilot lines for a future manufacturing base in Japan.
The strategic alliance will initially focus on identifying and forming licensing and manufacturing partnerships to commercialize carbon nanotube (CNT) field emission technologies/products and related businesses. Mitsui will use its business relationships to identify pilot line candidates in Japan, and possibly other locations.
As part of the agreement, Applied Nanotech (Austin, Texas) will work with Mitsui’s wholly-owned subsidiary Bussan Nanotech Research Institute Inc. a
nanotechnology R&D organization. They will take nanotechnology applications to market through prototype, pilot line and commercialization stages.