NanoBusiness Commercialization Association (NanoBCA) Member, Jim Phillips, Chairman & CEO of NanoMech, Inc., testified at the U.S. House Subcommittee on Commerce, Manufacturing and Trade on July 29th, 2014.

The Subcommittee on Commerce, Manufacturing, and Trade, chaired by Rep. Lee Terry (R-NE), held a hearing on “Nanotechnology: Understanding How Small Solutions Drive Big Innovation.” Nanotechnology is science, engineering, and technology conducted at the nanoscale, which is approximately 1 to 100 nanometers (one nanometer is a billionth of a meter). This technology brings great opportunities to advance a broad range of industries, bolster our U.S. economy, and create new manufacturing jobs. Committee Members heard from several nanotech industry leaders about the current state of nanotechnology and the direction in which it is headed.

Mr. Phillips serves as Chairman and CEO of NanoMech, a leading nano-engineering and manufacturing company based in northwest Arkansas, has a portfolio of international award-winning inventions and commercial products, including innovations in machining and advanced manufacturing, lubrication and energy, biomedical implant coatings, and strategic military applications.

Phillips added, “It’s time for America to lead. … We must capitalize immediately on our great University system, our National Labs, and tremendous agencies like the National Science Foundation, to be sure this unique and best-in-class innovation ecosystem, is organized in a way that promotes nanotechnology, tech transfer and commercialization in dramatic and laser focused ways so that we capture the best ideas into patents quickly, that are easily transferred into our capitalistic economy so that our nation’s best ideas and inventions are never left stranded, but instead accelerated to market at the speed of innovation so that we build good jobs and improve the quality of life and security for our citizens faster and better than any other country on our planet.”

I am very excited to have one of our members testify before the U.S. House on nano issues.  As the premier association promoting nano, the NanoBCA is honored to have one of our members chosen to speak in front of this prestigious House Subcommittee.

Chairman Terry:  “Nanotech is a true science race between the nations, and we should be encouraging the transition from research breakthroughs to commercial development.”

A video link to the hearings can be found here:


Advanced Design and Manufacturing Impact Forum
Workshop – Scalable Nanomanufacturing: Benchmarks, Standards and Metrics for Fabrication and Integration of 3D Nanostructures
An ASME Event
August 17-20, 2014
Buffalo-Niagara Convention Center
Buffalo, NY

Sensor Fabrication, Integration, and Commercialization Workshop
Nanotechnology Signature Initiative
Nanotechnology for Sensors and Sensors for Nanotechnology:
Improving and Protecting Health, Safety, and the Environment
September 11-12, 2014
Room 375, Stafford I, National Science Foundation

Graphene World Summit
September 15-16, 2014
The Claremont Hotel Club & Spa
Berkeley, CA

Unveiling & First Public Demonstration of Nanoscale Offset Printing System (NanoOPS)
A newly-designed, fully automated cluster nanoscale printing system for devices and structures
Wednesday, September 17, 2014
Northeastern University – Center for High-rate Nanomanufacturing
Burlington, MA

Lunch and an afternoon symposium on nanoscale printing for devices and structures will follow the unveiling. Invited guests will discuss and hear about the implications, needs and challenges of nanoscale printing, the role of NanoOPS, and future developments to enable greater commercialization of nanotechnology and nano-enabled products.

Click here to RSVP or request more information.

Manufacturing Day
Friday, October 3, 2014

GE 2014 User Summit
Making the Industrial Internet Real
October 27-30, 2014
Wyndham Grand Orlando Resort
Orlando, FL


Harris & Harris Group Portfolio Company Enumeral Biomedical Completes Equity Offering and Public Listing

UMass Patch Would Spot Stressed-Out Soldiers
The Boston Globe

U.S Government Accountability Office (GAO) Chief Scientist Tours NanoMech’s Factories and Laboratories

Who Determines the Value of Patents?
IEEE Spectrum

Harris & Harris Group Invests in Unique NYC Biotech Accelerator

mPower Technologies Shows 4th Qtr Revenue Growth
Business Wire

NC COIN Welcomes Dr. Sharlini Sankaran, Dr. Steve Greenbaum to Advisory Council
NC Tech News

Nanotech: Shaping the Future of Multiple Industries
Visual Capitalist

Report: Mori Arkin in Talks to Buy Sol-Gel Technologies for $10M
NoCamels News Flash

We encourage individuals interested in continuing our efforts to provide information in regard to emerging technologies to become individual members of the NanoBCA.  Individual Membership includes participation on our monthly conference call. Our next call is on Thursday, August 21st at 2:PM ET.  Click here to become a NanoBCA Individual Member.  The annual Individual Membership fee is $100.

Once again, we would like to thank Jim Phillips, Chairman & CEO of NanoMech, for successfully representing our nano committee at the House Committee Hearing.


Vincent Caprio “Serving the Nanotechnology Community for Over a Decade”
Executive Director
NanoBusiness Commercialization Association