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On December 3, 2003, President Bush signed into law the 21st Century Nanotechnology Research and Development Act, which authorizes funding for nanotechnology research and development (R&D) over four years, starting in FY 2005. This legislation puts into law programs and activities supported by the National Nanotechnology Initiative (NNI), one of the Presidents highest multi-agency R&D priorities.
Nanotechnology offers the promise of breakthroughs that will revolutionize the way we detect and treat disease, monitor and protect the environment, produce and store energy, and build complex structures as small as an electronic circuit or as large as an airplane. Nanotechnology is expected to have a broad and fundamental impact on many sectors of the economy, leading to new products, new businesses, new jobs, and even new industries.
Nanotechnology is the ability to work at the atomic and molecular levels, corresponding to lengths of approximately 1 100 nanometers, or 1/100,000th the diameter of a human hair. Nanotechnology is not merely the study of small things; it is the research and development of materials, devices, and systems that exhibit physical, chemical, and biological properties that are different from those found at larger scales.
Nanotechnology is one of the Administrations top multi-agency research and development priorities.
Nanotechnology promises to be both evolutionary and revolutionaryimproving and creating entirely new products and processes in areas from electronics to health care.
Nanotechnology can help provide clean energy. For example, carbon nanotubes are a form of nanomaterial with many potential applications.
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