NanoMech Wins Highly Competitive Department of Energy Grant

NanoMech Inc. has been chosen for an award from the Department of Energy to develop a nano-manufactured drop-in lubricant technology to drastically reduce friction in engine components, in order to help save billions of dollars annually in fuel and maintenance costs.

Friction is one of the important reasons for failure of systems and essential engineering parts used in aerospace, military, and industrial applications. The annual price of friction and wear – material losses and associated energy is estimated to be over $700 billion — 5% to 7% of the United States’ $ 14 trillion gross national product.

NanoMech has devised a proprietary bio-inspired nano-engineered solution using a design procedure with ground-breaking chemistry to produce innovative lubrication under almost all operating conditions including extreme situations.

The nGlide® additive technology invention, in field tests for another use sector, has shown unprecedented developments in performance of grease lubricants by just as much as 1000% that can also safely prolong the life of the Earth’s hydrocarbon supply chain while making machines operate considerably better and longer.

Mr. Neil Canter, the Editor of Tribology and Lubrication Technology Magazine, said of NanoMech’s advanced nGlide® technology, “their mixture of solid lubricant nano-particles with environmentally friendly organic additives supplies an unique set of properties that are not matched by any additive commercially available today.”

“We are honored to receive this acknowledgement and move forward our breakthrough technology, with unprecedented capability, that may raise machine and vehicle operation by enhancing durability and the life of components, while solving the world-wide demand to save fossil fuels.”

Source http://www.businesswire.com/news/home/20121120005239/en/NanoMech-Wins-Highly-Competitive-Department-Energy-Grant