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Category Archive: News Features

NanoMech Applauded by Frost & Sullivan for Developing a Proprietary Nanotechnology-Based Platform to Produce High-Performance Coatings and Lubricants

SANTA CLARA, Calif. — XXX — Based on its recent analysis of the North American nanocoatings market, Frost & Sullivan recognizes NanoMech, Inc. with the 2018 North American Technology Innovation Award for employing a proprietary technology platform to create high-strength polymers reinforced with functionalized nanoparticles. The company’s advanced materials produce uniform and aesthetically appealing coating solutions, which are encapsulated in oil and emulsifiers to deliver stable, anti-friction applications. In addition, the nanoparticles can be embedded into polymers to enable next- generation functionalities, such as anti-microbial activity.

“NanoMech’s nanotechnology-based coatings deliver better output by building a more robust surface. The coatings form a protecting film with greater coverage on contacting surfaces for application in high- pressure conditions with boundary lubrication. In addition, the coatings reduce wear by inducing asperities and polishing contacting surfaces,” said Prajwal Sanil, Industry Analyst at Frost & Sullivan. “The platform can develop multi-component chemistries at the sub-micron scale, thus ensuring high surface-to-volume ratios, pristine material properties, novel material behavior, and greater packing density.”

James M. Phillips, Chairman and CEO of NanoMech stated “On behalf the NanoMech team, we are very proud to have received this outstanding recognition from one of the World’s most prestigious think tanks driven by expert analysts globally on what is the best in innovative commercialized breakthroughs disrupting the largest markets while improving the quality of life and advancement of business and technology.”

NanoMech’s disruptive technology valorizes chemistries, including organic, inorganic, solids, and liquids, which are molded into nanoscale, industrially applicable materials to create an open architecture that can pack multi-functional chemistries. This breakthrough platform is revolutionizing the machinery and equipment coatings industry by enhancing equipment reliability or machinery performance efficiency by 200 to 1,000%. Furthermore, NanoMech’s platform has a significant business impact on other industries, such as oil and gas, trucking, automotive, and manufacturing.

In addition to its nanotechnology platform, NanoMech has produced a unique portfolio of proprietary coatings and lubrication solutions, such as AtomLube® and AtomOilTM, which are used to increase the performance and safety of all vehicles. As a key advantage, these products are self-replenishing and boost energy efficiency by drastically improving system performance. Another important product from NanoMech is nGlide®, a nano-engineered, multi-component, and multi-functional lubricant additive technology that facilitates immediate performance improvements of up to 300% or higher in machining industries, automobiles, pumps, power generation, and turbines.

“Every industry requires a solution that increases its product’s lifecycle and efficiency, as well as synchronizes with diverse machines and equipment. NanoMech has ably addressed this need, and its multi-solution applicability remains unmatched by most solutions in the market,” noted Prajwal. “NanoMech is the first nano-manufacturing company to receive ISO 9001:2015 certification, and such top-class quality management is critical in an emerging field. Overall, by facilitating the development of products that are highly customizable, NanoMech’s technology platform meets the various demands of clients concerning particular friction requirements, film thickness, and temperature suitability.”

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the solution’s quality and the customer value enhancements it enables.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About NanoMech, Inc.

NanoMech is a leading surface engineering and material science company involved in developing and manufacturing lubricants, specialty chemicals, pastes, paints, coatings, and advanced textiles. Started as a spin-off from the University of Arkansas in 2002, Nanomech has built its technical competencies over the years in nanotechnology-based coatings, which are protected by approximately 2,500 patents and claims. With a special focus on expanding the possibilities in surface functionalization and protection, NanoMech delivers innovative nano-engineered solutions to Fortune 500 and emerging companies from automotive, transportation, aerospace, trucking, retail, energy manufacturing, exploration service providers, marine manufacturers, and military establishments.

Contact: Laura Weiderhaft
P: 479.725.8006
E: laura.weiderhaft@nanomech.com

Read the full report here:

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, collaborates with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.

Contact:

Bianca Torres
P: 210.477.8418
F: 210.348.1003
E: Bianca.torres@frost.com

NanoMech featured on Times Square with release of one of the most important nano-patents in history!

Now part of our international award winning IP fortress producing the top lubricants, coatings, and cutting tools in a World that Runs on Machines!

NanoMech in Times Square NYC

(Click to see high-resolution image)

NanoMech Industries Announces Patent for nGlide® Hard Particle Technology

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Major Advancement in Nano Technology Moves Machines into Near Frictionless Condition

Springdale, Ark. (July 26, 2018) – NanoMech Industries today announced a major advancement in nano-technology with the issuance of patent # 9,902,918 for nGlide® hard particle technology.

NanoMech-US-InnovationBased on NanoMech’s nGlide® core technology, unlike any other material science technology existing on Earth, the nGlide® hard particle technology patent creates a whole new category of next-generation additive systems in the Nanoverse™ which opens a new atlas in applications for automotive, trucking, railroad, heavy-duty agricultural and military vehicles, aerospace, marine, racing, robotics, and all machine performance industries. This patented technology ushers in an unsurpassable suite of the next generation dramatic improvements to products such as motor oils, gear oils, transmission fluids, hydraulic fluids, bearing lubricants, anti-friction and anti-wear coatings, and heavy-duty greases, to name a few. nGlide® hard particle technology is now being incorporated into all Nanomech industrial-grade products. AtomLube® and AtomOil® are two new products coming into retail with this patented technology. These products will significantly increase the performance, efficiency, sustainability, speed, horsepower, noise reduction, agility, and safety of all vehicles.

“This is a revolutionary development for nano-technology and a significant milestone for NanoMech,” said Jim Phillips, chairman and chief executive officer, NanoMech. “nGlide® hard particle technology enables immediate performance improvements 300% and beyond to virtually all machines, and also enables a future generation of higher performance and more efficient machines. Simply put, we are making the impossible possible.”

This patented new platform based on surface engineering using hard particles, such as nanoengineered, multi-functional lubricant additive packages, including in the patent, synthetic diamond, cubic zirconia, silicone carbides, metal borides, metal carbides, metal nitrides, metal oxides, metal silicides, rare earth metal materials, carbon-based materials, and many more. This is different from other available lubricant additive technologies by approaching wear and friction mechanisms at the nano-scale to target wear and friction at their initiation. This surpasses the capability of any existing technologies on the market. This conditions mechanical surfaces on the nano-scale (or sub-micron scale) by:

1) Building a more robust surface, protecting film with greater coverage on contacting surfaces compared with those formed by traditional additives, which is extremely beneficial under extreme pressure conditions with boundary lubrication.

2) Reducing activation time to shorten the machine’s break-in period.

3) Smoothing wear inducing asperities and polishing contacting surfaces to reduce wear and friction dramatically increasing durability and sustainability.

nglide-graphic-whiteThis additive system works well by itself and also with existing lubricant additives. Unique tribofilms formed by this product can withstand tremendously increased load and temperature ranges without failing while reducing friction between critical mechanical components well beyond that of typical solutions. This invention focuses on changing shapes of materials at nano-metric levels to meta-stable structures, precision controlled by mechanical and chemical energy balances and surface area equilibriums. These superstructures mimic the evolving surface and adapt to its changing requirements as the surfaces shift from pure hydrodynamic conditions to extreme boundary conditions where significant damage happens. They align creatively on the surface forming a self-replenishing and regenerative film, unlike any permanent coatings. The unique capability to align materials of any kind (solid to liquid, organic to inorganic, bio-friendly to space friendly) at nano-scale is the most powerful code to unlock the potential of materials.

This new platform can be convergent-assembled and specially architected with other nGlide multicomponent chemistries at the sub-micron scale. Therefore, it can be designed to fight friction and wear under extremely harsh conditions. The tribofilms formed by nGlide® and the corresponding self-replenishment mechanism are the last line of defense in the war of mechanical surfaces fighting severe friction and wear. Moreover, the new nGlide® atlas of products with multiple chemistries can be tailored to fit almost any end-user requirements, as a treatment to fully formulated lubricants or base lubricants. Successful productization and performance validation has been accomplished in the most severe conditions surpassing all existing lubricant systems for virtually any mechanical applications.

Dr. Arpana Verma, Chief Science Officer of NanoMech Industries, stated, “This invention opens arrays of codes to design and develop super-structured materials which will be the building blocks of machines. This presents the best case of applied materials to benefit all machines of today, and mass production of advanced automobiles, trucks, aircraft, robots, drones, spacecraft, nanobots for medicine, and many others.”

ABOUT NANOMECH INDUSTRIES

NanoMech, an ISO 9001:2015 certified manufacturer, is focused on patented platform nanomanufacturing technologies that offer a broad range of high-value market opportunities. The operating vision of NanoMech is to be the highest quality world leader in nanomanufacturing innovation with swift product development and an emphasis on deep science-based platform technologies that are scalable for efficient mass production. The company’s heavily patented multi-functional products utilize a very robust macro-molecular based invention(s) of oil and grease lubricants, chemistries, coatings/finishes in metals and textiles that has achieved iconic customer-validated consumer and industrial applications in high-level energy manufacturing, machining, marine, racing, heavy-duty trucking, automotive, aerospace, electronic vehicles, industrial manufacturing and strategic military applications. For more information please visit www.NanoMech.com.

NEWS RELEASE

Contact: Wyatt Watkins
(479) 725-8017
Wyatt.Watkins@nanomech.com

Testimony before the House Intelligence Committee July 19, 2018

James Phillips, Chairman and CEO, NanoMech

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Watch the interview on Fox News with Tucker Carlson

 

Testimony before the House Intelligence Committee July 19, 2018

NanoMech-HPSCIChairman Nunes and Members of the Committee, my name is Jim Phillips. Thank you for inviting me to appear here today. It is a rare privilege to have the opportunity to comment to you on the importance of deep science manufacturing, the constant threat of international cyber-warfare, especially from China, …the importance of proper immigration policy relative to attracting and retaining in America our future Einstein’s and Wernher von Braun’s, and restoring U.S. competitiveness quickly to revitalize our most important economic engine of innovation.

I have had the opportunity to be involved in some of the most exciting developments of the digital revolution that have transformed our every day lives. By way of background I helped lead the teams that created and launched instant messaging, the cable modem and resulting universal broadband, immersive imaging —-the technology that makes virtual tours and augmented reality possible, the eBay imaging system, the VeinViewer medical device, The FedEx Institute of Technology, M2M-machine to machine wireless communications, and many other now ubiquitous products used by millions worldwide. 

I have the privilege to serve on several boards including the Herff College of Engineering at the University of Memphis, the College of Engineering (TEES) at Texas A&M University, the executive committee as a Member of the U.S. Council on Competitiveness, (which has been especially helpful in my report), The President’s Material Science Genome, the US Technology Leadership Council, and the US Manufacturing Initiative, …to name a few. 

I now serve as Chairman and CEO of NanoMech industries, a leading nano- manufacturing firm and research company with hundreds of advanced material science products used by many of the largest iconic customers in the world especially in oil and gas, military, trucking, automotive, aerospace, marine, and retail.

Nanomech is a highly innovative material science based nano-engineering manufacturing firm, based in Northwest Arkansas, down the street from the likes of Walmart, JB Hunt, and Tyson’s headquarters with a portfolio of international award winning inventions and commercial products including breakthrough innovations in machining and advanced manufacturing, lubrication and energy, aerospace, biomedical implant coatings, and strategic military applications such as the next generation US Army combat uniform. We are poised for continued dramatic expansion of our manufacturing operations, revolutionary inventions that join our fortress of over 3000 patents and claims, and growth throughout the globe. The world runs on machines, and increasingly machines and industry depend on NanoMech. All the problems left in manufacturing are at nanoscale, and therefore all the solutions are at nanoscale as well. 

The United States is locked in a moon race with other major countries trying to take the lead in materials, digital, and bio-science platforms via Nanoscale engineering research, development and commercialization in what is sure to be the next industrial revolution of progress. While these competitive countries lost out, to an extent to the US in the information technology revolution, they are determined to put enormous amounts of public and private capital to work to win this even more important race in Nano-Engineering  that undergirds many other inventions such as Big Data/AI, electronic and autonomous vehicles, robotics, and significant weaponization. 

Given the monopolistic efforts of China alone to control all the worlds dwindling resources, the US is now at a great risk of not having material and rare earth metals that are core to our most important manufactured goods that are essential to our daily lives. Nanoscale engineering is our greatest hope in providing a way to do more with less materials in amazing and sustainable ways to keep America secure as the world leader in commerce, technology, agriculture, medicine, and defense. 

MANUFACTURING TODAY 

I take this opportunity to offer my perspective as an entrepreneur, innovator and manufacturer. Much of manufacturing in the United States centers on higher value – added activities that require highly skilled workers, unique knowledge from innovators or sophisticated infrastructure. Other US manufacturers are in sectors that require proximity to end-users due to transportation or other factors. Still other producers have unique quality assurance relationships with larger firms or support America’s defense base.

Many manufacturing jobs remain unfilled simply because people with the right skills are not available. That translates to 600,000 plus available US knowledge jobs.

Not only are manufacturing and services independent, they are distributed globally. For most of the 20th century, “Made in America“ meant just that: design, development, fabrication, and associated transactions were performed in US factories in offices by US workers. Today, many goods are no longer designed produced and sold within a single country. 

Instead, the activities needed to bring a product from concept to consumption is routinely performed in different countries.

“To live well, a nation must produce well,” as concluded by the MIT Commission on Industrial Productivity. 

Some manufacturers believe the global competition has made them stronger, more productive and more competitive. Gains in productivity and output, however are not translating into broader economic gains for the United States. The model of “invent it here, make it there,” is not working to advance the economic interests and national security of the US.  As Susan Berger, author of Making in America has said, “the US production ecosystem system has been hollowed out” over the past decade and we must rebuild it in order to feed our engine of innovation. 

Furthermore, many US states and localities do too little to attract manufacturing facilities, imposing complicated and time-consuming procedures on top of federal rules to site and build production facilities. Permitting processes for a manufacturing facility in the United States might take months, if not years, whereas in some countries, the time required is merely a few weeks or less. This while the trade deficit in advanced technology products continues to deepen as high tech sectors of industry are doing better overseas than here. 

Manufacturing also suffers from its public image. Many Americans still think about manufacturing terms of product fabrication – – how many factories for the transformation of materials and new products, basically, “bending metal“ in operations that are easily sent elsewhere. However, manufacturing today is part of a much more complex, high value added and tightly integrated global web of science at its very best. 

To make matters worse, the US high school system did away with our most important Shop and Home Economics classes approximately 30 years ago devastating our manufacturing work force where the great majority of the men and women had attended classes designed to both teach and spur their interest, enthusiasm and discovery of their accumen for science and engineering trades and business leadership. 

And the US abandoned this STEM based curriculum at one of the most critical junctures at the rise of increased innovation platforms for manufacturing while competitors in Germany, Russia, China, South Korea etc., were stepping up their curriculum for these science, chemistry and mechanical engineering studies to increase their population’s skilled labor. 

For these reasons, the US finds itself in a position where we must reboot our high schools, Junior Colleges etc., to offer STEM curriculum ASAP. It is not too late! It is just imperative that we go all out as a nation to preserve US technology leadership. The Administration and Congress should sustain and extend the network of advanced manufacturing hubs; support the establishment of a next generation advanced computing ecosystem; and explore new ways to support technology commercialization and entrepreneurship. 

American leaders also must secure critical infrastructure from cyberattacks and invest in the future of funding deep science research with accountability, but competitive with other nations such as China. 

NanoMech is a case of successful tech transfer and full commercialization from the University of Arkansas. NanoMech has paid the University in excess of $1,000,000.00 in royalties and now has capped royalty payments but has provided the University with valuable “Phantom Stock” in NanoMech so the University can participate in the future success of the spinoff corporation. 

Consider, for example, Nanomech’s product platforms. We are developing cutting edge technology that enables more efficient industrial processes, involving the synthesis and structuring of functional and multifunctional materials at the Nanoscale and microscale from what is referred to as the ground up, and therefore can save billions of dollars across several industries while dramatically increasing performance, efficiency and sustainability. Basically creating a whole new generation of materials that have improved properties and dramatically increased accomplishment leading to atomically precise manufacturing. These include:

Lubricant Additives: We have developed Advanced nano – lubricant additives (nGlide, AtomOil, AtomLube) that dramatically reduce friction for machines to the point of near zero, and thus deliver extraordinary performance and energy savings even leading to the birth of new types of machines. This work supports multiple industrial sectors including superior operating heavy machinery, HD Trucks, advanced machining, safer and more productive fracking, gas and oil, automotive transportation, wind turbines, aerospace, military vehicles, spaceships, marine shipping, and many others. Our nano-lubricants have even proved themselves in the last four Indy 500 races in the winning car each year. 

Machining and Advanced Coatings: Nanomech has developed the worlds most advanced coating for manufacturing cutting tools (TuffTek) allowing them to cut up to 1000% longer with better finishes that have never been attained before through nano-serrated edges, and in ways that allow the creation of new types and far better machines. It is not only an alternative for machining hardened steels and super strong lighter alloys such as titanium, but it enhances productivity by orders of magnitude ushering in far more advanced jet engines, and rockets, etc. Through this innovation, the company has also developed strategic know-how in ultrafast coating of nano-particles for various applications such as machining, wear resistant surfaces, eradicating corrosion, and resistance to the worst chemicals. In addition the company has developed advanced paints that can survive the most hostile conditions while providing faster drying, and maintaining the best in luster, durability, safety, scuff and wear resistance, anti-microbial, and tolerance to UV. Most importantly NanoMech has developed next generation coatings (GuardX) to eradicate corrosion in many forms, whether sub-sea or surface, in the most hostile conditions whether at point of manufacture, or stopping rust after it has already begun on existing machines such as HD Trucking vital to American commerce. Corrosion costs the U.S. over 3% of our GDP each year! 

Advanced Textiles: Nanomech has developed advanced additives (nGUARD) for fabric, polymers, and wood – polymer composites for delivering sustainability and security. For example, NanoMech is currently providing a Nano-engineered, very safe, durable and lightweight multifunctional fabric finish that is antimicrobial, antifungal, anti-mold, anti-mosquito, fireproof, anti-bacterial, super-hydrophobic (waterproof), and anti-odor, for the next generation U.S. Army combat uniforms and other military applications. This new generation of fabric fiber treatment will also usher in a new generation of better and safer textiles for consumers, outdoor sporting, and athletic gear. 

WINNING POLICY

A broad array of government policies both foreign and domestic have important impacts on the innovation and production process, from research funding to taxes to market access. Presently US policies are not aligned with the full lifecycle perspective of innovation that includes production of scale.

The policies, programs, strategies and business models that worked in the past are  inadequate to secure America’s future in the digital and Nano Age. Government, business, labor and academic leaders must rethink and retool the nation’s business environment to seize arising opportunities and address several shortcomings. The leveling effects of globalization are diminishing the lost cost advantages offered in emerging economies and potentially opening the door to increase manufacturing in the United States. 

Given the unbridled competion the U.S. faces from the likes of China Inc., and others, who operate as a gigantic monopoly funneling massive government capital and resources into a select one or a few state-run companies, without regard to normal costs for good working conditions, healthcare, regulatory including environmental regulations, etc., as opposed to the typical US manufacturer, both small and large, competing in their own country against scores of others, …who find themselves at huge disadvantages building their manufacturing companies from scratch, absorbing all up front costs including developing IP, safeguarding it, dealing with massive regulatory, R&D, factory design buildout to code, legal expense, and seeking and finding growth friendly investment to drive the business and compensate a great management team. 

Structural Changes in the Global Economy Create Opportunities and Challenges

The global migration toward free enterprise and open markets is driving growth and emerging economies. Several nations have rapidly developed into formidable manufacturing competitors. Chinese manufacturing output, for example, is now approaching that of the United States. As development spreads, a new consumer class is burgeoning around the world. About 2 billion people occupy the consumer class today. By 2030, this number could reach 5 billion, with 95% of the growth occurring in emerging and developing economies – – creating large new demands for manufactured goods.

US based operations must also compete with aggressive mercantilist policies from foreign governments. Many countries have put in place policies and financial incentives surpassing the U.S to attract investment, manufacturing facilities, for intellectual property and talent while protecting domestic business interest.

The digital revolution and the pace of technological change also profoundly impacts the way that business and production are organized. Digital technologies have made many facets of the global economy nearly borderless. In an earlier era, the location of natural resources often determine where manufacturing would take place. In today’s economy,  knowledge, know-how, technology, creativity and capital are the most important resources for production, and they are highly mobile. Put together, these trends – – emerging manufacturing nations, growing consumer class, neo – mercantilist policies and revolutions in the digital internet of things and other  technologies driven by Nano and AI – create a hyper-competitive manufacturing environment. Not surprisingly, firms are growing more sophisticated in their ability to react to these changes and, where possible, leverage them to their advantage in the marketplace.

Global Firms are Becoming More Sophisticated and Re-calculating the Total Cost of Production

Successful global firms must rely on their ability to react more rapidly than ever to changes across the global marketplace. In the early stages of offshoring, inefficient manufacturing operations were often relocated from higher cost economies to low-cost labor economy is to maximize returns and insure that products were price competitive.

With the new tax laws  and reductions favoring manufacturing in the U.S., by this Administration, fortunately for America, manufacturing in the United States is beginning to turn more positive. Many firms are recalculating their total cost of production to take in account these changing conditions and factors. Also, the wage gap for example, between the US and key competitors is narrowing. Many factors influence where companies invest in new manufacturing capacity, including labor costs, supply networks, financial, tax, legal and regulatory systems, access to skills and resources, speed to market, intellectual property protection and market access.

The factors that might incentivize a return to or departure from US based manufacturing will vary by firm and industry. Industries that rely on intellectual property or drawn to the strong protection offered by the US after experiencing the challenge of piracy elsewhere. Other firms have found that long supply lines in Asia add cost and reduce flexibility to serve customers in North America and Europe. Still others seek access to cutting edge US automation and robotics technology, albeit this area grows more competitive for the US by the hour. 

Talent is perhaps the key drivers for manufacturing and National Competitiveness.

The United States needs highly skilled workers to realize the productivity gains essential to remain globally competitive. Yet current and anticipated human capital deficiencies especially in deep science manufacturing exist across the board. Not only are current openings for highly skilled workers challenging, manufacturing workers are retiring at a much faster rate than they are being replaced. The growing shortfalls represent a critical need for a wide range of skills across many occupational cuts, from the most rudimentary to the most sophisticated PhD level. Current and future realities command an intergenerational approach toward developing homegrown talent.  

Two of the biggest pressures on joblessness and job generation are the bookends of the workforce: The would-be new entrants, 16–30-year-olds who need the skills to take on increasingly complex tasks, and mature workers, 55 years and older who are now the dominant demographic group in the workforce and exploding in numbers. Mature workers will fuel over 90% of the increase in the US labor market between now and 2025. 

Another major focus continues to be graduating more students with advanced degrees in Science, Technology, Engineering and Mathematics, (STEM) disciplines, as well as improving STEM literacy in general. The US Department of Commerce expects STEM occupations to grow 17% over the next several years compared with 10%  in other occupations. Based on trends and the arrival of new deep science occupations, STEM jobs will continue to climb rapidly as new innovations continue to flourish. 

Current visa policies are reversing decades of openness to foreign scientific excellence. Foreign nationals with advanced degrees from American institutions are returning to their countries of origin and pursuing employment opportunities unavailable to them in the United States. With them they take the skills and knowledge necessary to create next generation goods and services, and reduce American competitive advantage while increasing that of the country to which they return. This after receiving the best University education in the world, often subsidized by scholarships etc. No one disputes the need for safeguards and assessments of foreign entrance, however a system that is transparent and efficient and also offers fresh incentives for the best and brightest can offset current obstacles. The US must pivot immediately to attract the best and brightest students from around the globe and encourage them to stay in America as they desire, by providing them a way through  earning their advanced masters and Phd degrees, a quicker path to citizenship with fair and effective vetting. To do anything less will guarantee that the US loses its competitive position quickly as the leading innovation nation. Moreover, the US needs to quickly invest more in providing more top STEM instructors and professors, drawing from the retiring corporate practitioners who desire in mass to continue working and in this case teach their trade, skills and scientific know-how to the next generation. 

By opening more student seats in University STEM based curriculum, more American born qualified students desiring to attend our great university system will have the opportunity. Thus the US will have the best of both worlds, providing STEM advanced education opportunities for both our home grown and also the best and the brightest of foreign students desiring to matriculate in the US and seek American citizenship where they will be free to apply their skill sets and intellectual gifts in the best country with the most opportunities in the world, growing our competitiveness and GDP through top talent. 

Speaking of the gift of intellectual talent, one cannot forget the huge disadvantage AMERICA has in population differential  with just 5% of the world’s population. It is often stated that one out of a million people is a genius. My friend John Kao writes in his book China -The Next Innovation Nation, given China’s massive population creates the world’s largest talent base as in with this paradigm China therefore has over 1000 such geniuses. Now add in India, and so on. America has built the best place to live through tremendous sacrifice and grit, and to remain competitive in this numbers game population wise we must continue to attract the best and brightest and welcome them into our melting pot, albeit with effective and friendly vetting. 

This will allow America’s technology and innovation capacity to remain among the greatest in the world. America must leverage its edge in innovation technology in computing. In crucial fields like bio- technology, biomimicry, nano-technology, material science and computing, US researchers and entrepreneurs define the leading edge. American universities in research laboratories are unparalleled, pushing the boundaries of knowledge in life, physical and social sciences. Despite the nation’s budget wells, Congress must be reluctant to impose cuts to scientific research funding that is viewed correctly as the engine of economic growth. America remains the worlds largest investor in R&D albeit not as a percentage of GDP, losing to Germany, South Korea and Japan in this category, but is among the upper ranks in R&D investment as a share of GDP.

Lest we forget, in 1960, the United States accounted for more than 2/3 of global R&D. Today, 2/3 of global R&D is performed somewhere other than the United States. Although the more prosperous and innovative world is a welcome trend, the shift has significant implications for US manufacturing and security interests. America has long been the global leader in creating new, high value added goods and services. That lead will undoubtedly narrow and the greater issue will become whether Americans continue to develop and produce sufficient numbers of loyal STEM educated talent and high margin “must have” products to sustain and improve living standards and safeguard our national security with outstanding GDP and innovation. 

America Also Must Better Leverage It’s Entrepreneurial Enterprise

By combining innovation, entrepreneurism  and risk capital, America has spawned more globally recognized brands in more sectors then any other economy over the past several decades. This is a huge advantage over China when it comes to brands. American brands are the most wanted products in China. This speaks volumes about American quality and craftsmanship. The US entrepreneurial enterprise is a critical advantage since as much as 1/3 of the difference in economic performance among countries is attributed to the difference in their levels of entrepreneurial activity. Highly skilled entrepreneurs and business start-ups also create middle skill jobs though the number of new businesses has declined significantly.

Consistent with other facets of the hyper competitive manufacturing environment, many nations around the world – – plus states and localities – – are working to narrow the US entrepreneurship advantage. They are creating tax incentives, sovereign wealth funds, skilled immigration incentives, regional innovation clusters and global collaboration forums with varying levels of success.

STRANDED

America must do more to enable entrepreneurs to take risks and to translate ideas into innovation. America is still leaving ideas on the table as on average only one in 10 US patents is ever commercialized. Thousands of inventions lie dormant in the hands of universities, research centers and private companies. For those ideas that are pursued commercially, only seven out of every 1000 business plans receives even initial funding. 

One of the United States biggest problems it faces in global competitiveness, is it’s horrific weakness that exists at its tremendous Universities and outstanding National Laboratories in successfully accomplishing tech transfer and especially commercialization of its R&D and resulting IP. 

The tech transfer offices are staffed with wonderful, well meaning, hard working people who unfortunately typically have no experience in entrepreneurship, starting and running companies and for that matter….promotion. 

The budget at a University for a football program may be in the $50-100MM range, and perhaps even pays the football coach $30MM per year, (we all do love football)…but the budget for one of the most promising sources of revenue and future foundation funding, …the lowly tech-transfer office, …will be comparatively minuscule. 

Even though grants from NSF and NIH and many other agencies constantly funnel millions into the University and Research Labs for R&D, the Chancellor’s and Lab Directors are almost always left wondering why they don’t produce a Gator-Ade a week! On closer examination, it is typical to find the disconnect is in the wrong personnel without the necessary background managing the tech transfer office, including with their somewhat meager budget, and very little IP support to help convert far more of the scientific papers into patents and having a system in place to move ideation to invention to productization to innovation to full scale execution of advanced science fair projects being converted far more often into start-up corporations that attract risk capital and employ knowledge workers and turn great ideas into GDP and national security. 

Worse yet this well-endowed research typically moves from science fair to “publish or perish” for the professor or researcher, and unfortunately is then handed to the Chinese or Russians free of charge on the internet. And then again as it is often cited, “what we don’t give away, is otherwise stolen through cyber theft by these same international pirates!”

The Reality of China, Its Goals, Actions, and Our Call to Action 

This is very, very serious, as Jim Clifton, CEO of Gallup and author of The Coming Jobs War says,… “A country’s GDP is the most important leading indicator. So as goes it’s increase and decrease, so goes jobs, spending, tax base, and then everything else. Unless there is a miracle, China will vastly exceed the GDP of the United States in less than 30 years; 6 trillion compounding over 30 years at 10% blows away 15 trillion compounding at 2% over the same period. At that point China will have the new World – leading economy. China will be the new leader of the free world, free or otherwise.“ “When the GDP lines cross, America’s reign as economic leader of the world is over. So are the designations of “place with the best jobs in the world“ and “leader of the free world“ because America will no longer have a disproportionate financial advantage that gives it the moral, economic, and the leadership authority it has now.”

“When and if that happens, America loses. The world changes, everything changes. China may dominate the world. But it won’t have to use it’s military. When it’s GDP surpasses Americas, it will dominate the world economically by a margin far more than the United States currently has. At that point China will be the new leader of the world. All decisions between countries on the subjects of peace, trade, environment, borders, laws, and human rights would defer to China. Because more than ever, the new golden rule applies: He who has the gold, rules. And the country with the dominant GDP has the gold and the good jobs.”

Michael Pillsbury’s book, The Hundred Year Marathon, excellently reveals China’s secret strategy to supplant the United States as the world’s dominant power, including its significant and very active cyberwarfare force, and China’s amazing ability to mask its real identity-a Communist Military Dictatorship, is well orchestrated in a costumed camouflage of capitalistic, free trade entrepreneurship. 

Reality Sets In For NanoMech

It is at this point that in my testimony, I report as a practitioner entrepreneur and CEO of an American deep science manufacturer, that I report NanoMech, in all our efforts to grow and prosper in the great American capitalistic system, has had to face down China (and others) and its’ real threats and actions. 

Not long ago the FBI showed up in force at NanoMech Industries headquarters to report to us they had observed we were the 2nd most hit firewall by the Chinese cyber-militia in the Southern U.S.  while I suppose we could take this as a compliment to our superior science and technology, we moved fast to squash this attempt before it had a chance to succeed. The FBI were at NanoMech to help proactively under the directive of the National Nanotechnology Initiative signed into law by President George W. Bush to protect and promote the interests of American nanoscience. The FBI brought in an expert within the FBI on China to assist in how to confront these serious attempts at cyber-hacking we were experiencing. We involved at significant cost, our IT firm and as fast as possible took many new precautions in addition to the double firewalls we had in place, and since have added many more software and physical security provisions and fortresses. We are told that the only way to be totally sure you are safe from hacking by the Chinese and others, is to go off the grid with your most secret proprietary property, in the form of log books using a certain method under advanced lock and code. We have done so in certain cases to protect our most secret inventions and research. 

Through other courses by the FBI, related to our cyber security in our ISO:9000 certified factories and also remote offices we have had to take extraordinary precautions and continue to stay current as the cyber-threats increase and change in their tactics. 

We have also been advised by our leading IP law firms to never file patents in China as we globalize our IP portfolio. We are told by our top law firms that the China patent system is corrupt. 

Conclusion 

It is time for America to lead. Some, even many perhaps, question whether America has the resolve and resources to right its own ship, let alone lead a global recovery in manufacturing. I believe steadfastly that the challenges are solvable and the Americans and their leaders will summon the will to act decisively. That action should start by correcting the macro challenge as outlined in this report – – reducing the debt to sustainable levels, reducing the tax system and repairing infrastructure as proposed by the Administration. Those steps alone, however, are not enough. America must also coalesce around a new vision focused on a business model of innovation and leadership in high value added next generation deep science manufacturing.

We must revisit the public private partnership‘s with our manufacturers in order to compete effectively with the monopoly known as China Inc. The United States has to have bolder ways to infuse capital into demonstratable successful deep science manufacturers, who will be competing against state run monopolistic China manufacturers that do not play by the rules whatsoever that the U.S. companies adhere to. There must be ways put forth to expand our SBIR/STTR programs to provide more capital timely to U.S. manufacturers that are demonstrating innovation to commercialization excellence for game-changing technologies and products that better the world, increase our GDP and national security. 

It may be time to revisit the federal Earmarks program or a modified version with accountability, in order to compete against China and its unlimited investment capital for startups that are operating on imitated and stolen IP, and have unfair advantages too numerous and unsavory to name. 

Most are predicting that more will be invented over the next Five years than in the history of mankind. This is an inflection point of massive technology invention acceleration caused by the relatively recent inventions of the chip, software, storage, and the Internet. This tremendous supercycle of innovation commands that America take action immediately to respond to the many challenges presented by China or suffer the consequences.

For more than 200 years, the United States has prospered because it is the home for people from every nation who are drawn to freedom, confident in their abilities to carve out a better life. That “can-do“ optimism for which America is known is more than a cliché; it is a deep-seated cultural belief reinforced by experience on battlefield and board rooms, in classrooms and laboratories… And on the factory floor. It remains within America’s ability to make its future.

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 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. The American Way.

Thank You! 

James M. Phillips

Dan Carroll Appointed President of NanoMech’s Automotive and Industrial Group

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Dan Carroll Appointed President of NanoMech’s Automotive and Industrial Group

Carroll to Oversee NanoMech’s Automotive and Industrial Growth Strategy

Springdale, Ark. (July 16, 2018) – NanoMech today announced the appointment of Dan Carroll as president of NanoMech’s automotive and industrial group. As president, Carroll will assemble a sales and engineering team and oversee NanoMech’s penetration of automotive and industrial markets for advanced nanoengineered lubricants, coatings, paints, and cutting tools that are used by many of the most iconic companies in the world.

Prior to joining NanoMech, Carroll spent more than 25 years in various leadership positions with a privately-owned contract machining and assembly company. During his tenure, Carroll established the company as a market leader in the finish machining of engine blocks and cylinder heads. Additionally, his professional accomplishments include:

  • Opening 10 new facilities in four states encompassing more than three-million-square-feet of manufacturing space.
  • Increasing company revenues by more than 15 times while president and CEO.
  • Growing the company’s workforce more than tenfold from fewer than 200 employees to nearly 2,500.

“Dan has tremendous experience in industrial manufacturing in both metro Detroit and nationally. His strong experience combined with his leadership capabilities make him the perfect fit to lead our exponential growth into the global industrial marketplace,” said Jim Phillips, chairman and chief executive officer, NanoMech. “We are thrilled to have him on board and part of the NanoMech executive leadership team. He will be an integral part of our success moving forward.”

“I am pleased to welcome NanoMech to the Detroit area,” said Sandy Baruah, president and chief executive officer, Detroit Regional Chamber. “NanoMech has been working with several of our regionally-based global firms and the establishment of a significant presence by NanoMech will be good for them and our regional economy.”

Headquartered in Springdale, Ark., and with offices in Houston, Dallas and Detroit, NanoMech is the world leader in surface nanoengineering and material science nanomanufacturing of lubricants, specialty chemicals, pastes, paints, coatings, advanced textiles and advanced cutting tools. NanoMech brings its innovation to global leaders each day in automotive, transportation and trucking; retail; energy manufacturing, exploration and service; truck and marine manufacturing; Indy and NASCAR racing; agriculture and construction equipment manufacturers; refining and formulating lubrication manufacturers; aerospace manufacturing; textile manufacturers; and advanced military applications.

“In addition to being recognized as the world leader in surface nanoengineering and material science nanomanufacturing, NanoMech is committed to investing in world class-people, ideas and tools to increase our customer’s global competitiveness,” said Carroll. “I am impressed with the vision and mission of NanoMech and am thrilled to lead the company’s expansion into the manufacturing industry.”

Carroll holds a Master of Business Administration from The University of Chicago. He and his wife, Kathy, have three daughters and a son.

ABOUT NANOMECH INDUSTRIES

NanoMech, an ISO 9001:2015 certified manufacturer, is focused on patented platform nanomanufacturing technologies that offer a broad range of high-value market opportunities. The operating vision of NanoMech is to be the highest quality world leader in nanomanufacturing innovation with swift product development and an emphasis on deep science-based platform technologies that are scalable for efficient mass production. The company’s heavily patented multi-functional products utilize a very robust macro-molecular based invention(s) of oil and grease lubricants, chemistries, coatings/finishes in metals and textiles that has achieved iconic customer-validated consumer and industrial applications in high-level energy manufacturing, machining, marine, racing, heavy-duty trucking, automotive, aerospace, electronic vehicles, industrial manufacturing and strategic military applications. For more information please visit www.NanoMech.com.

Contact:
Wyatt Watkins
(479) 725-8017
Wyatt.Watkins@nanomech.com

NanoMech, Inc. Completes $7M Non-Convertible Senior Secured Debt and Equity Financing

NanoMech IndustriesSPRINGDALE, Ark. – April 25, 2018 // — NanoMech, Inc., a specialty materials company with patented technology in the field of nano-engineered lubricants, chemistries, coatings, and finishes today announced the completion of a $7M non-convertible senior secured debt and equity financing with Michaelson Capital Special Finance Fund II, L.P.

“We continue to strengthen our balance sheet in order to position NanoMech for sustainable long-term growth,” said James M Phillips, chairman and CEO of NanoMech Industries. “This financing provides our company with greater financial flexibility to address the growing demand for our advanced lubricants and coatings especially in the energy, transportation, industrial and retail sectors.”
“NanoMech intends to use the financing to repay certain debt, and as working capital to accelerate the growth of our proprietary nanoscale engineering and manufacturing technologies,” Phillips said. “NanoMech is experiencing wide-scale adoption and recurring use of our superior products by iconic multi-national and innovative corporations desiring to take advantage of our very disruptive technology and easy to implement products.”

“As demonstrated by their high-quality product range, remarkable growth, and expanding set of blue-chip customers, NanoMech is clearly a leader in solving revenue rich problems related to friction, wear, and corrosion, …increasing durability, efficiency, performance and sustainability like no other competitor. We are thrilled to work with the NanoMech team as they scale their business,” said Michaelson Capital CEO Larry Jones. “Michaelson Capital has a long history of providing financing to disruptive entrepreneurial technology companies where we believe we can add value to help them grow. Our debt plus equity structure generates strong alignment with our portfolio company partners.”

ABOUT NANOMECH INDUSTRIES

NanoMech, an ISO 9001:2015 certified manufacturer, is focused on patented platform nanomanufacturing technologies that offer a broad range of high-value market opportunities.
The operating vision of NanoMech is to be the highest quality world leader in nanomanufacturing innovation with swift product development and an emphasis on deep science based platform technologies that are scalable for efficient mass production. The company’s heavily patented multi-functional products utilize a very robust macro-molecular based invention(s) of oil and grease lubricants, chemistries, coatings/finishes in metals and textiles that has achieved iconic customer-validated consumer and industrial applications in high-level energy manufacturing, machining, marine, racing, heavy-duty trucking, automotive, aerospace, electronic vehicles, industrial manufacturing and strategic military applications. For more information please visit www.NanoMech.com.

ABOUT MICHAELSON CAPITAL PARTNERS

Michaelson Capital provides customized growth financing to entrepreneur-led technology companies in sectors where it has domain expertise, relationships, and experience to add value. It focuses on disruptive high-quality companies attempting to change industries and make the world a better place.  For more information, please visit www.michaelsoncapital.com.

FOR IMMEDIATE RELEASE
April 25, 2018
Media Contact NanoMech – Wyatt Watkins
Wyatt.Watkins@nanomech.com
479.725.8003

NanoMech’s CEO Phillips Featured in Watershed Report On Manufacturing Future

Deloitte, Singularity University & Council on Competitiveness Release Breakthrough Study on Exponential Technologies in Manufacturing

CEO of NanoMech Jim Phillips is featured in a study released today on exponential technology and innovation published by Silicon Valley Think Tank Singularity University, international consulting firm Deloitte, and the U.S. Council on Competitiveness. Phillips was one of several top Global executives sought out to comment and provide expert opinion in this publication on transformative manufacturing utilizing exponential technology of the 21st Century.

NanoMech’s CEO Phillips Featured in Watershed Report On Manufacturing Future

NanoMech is one of the leading companies featured in this publication exploring how exponential technology will empower consumers, manufacturers, and innovators to drastically improve performance and efficiency and change the world for the better. Phillips was interviewed on his expertise in the field of nanotechnology and nanomanufacturing to inspire and assist global manufacturers how to best tap into this disruptive shift to evolve, grow, and thrive.

Exponential Technologies in Manufacturing

The study was conducted to communicate the importance of talent and innovation in the constantly-changing world of manufacturing. Senior leaders at Deloitte interviewed more than two dozen senior executives and subject matter experts at some of the world’s largest manufacturing organizations, Singularity University, and several leading technology start-ups.

According to the publication, “the Exponential Technologies in Manufacturing study explores how exponential technologies are transforming the future of manufacturing to highlight opportunities to embrace exponentials to drive future competitive advantage.”

Key voices in the manufacturing industry and technology domain were asked to give their perspectives on how exponential technologies:

  • Deliver real impact and value for manufacturing enterprises
  • Shape company strategies and business models
  • Can be used to mitigate risks and realize their opportunities, applications, and rewards 

Advanced Materials Technology

In the section of the publication titled Exponential Manufacturing Technologies: A Deep Dive, a report on “advanced materials” explored the market growth of materials created with exponential technologies, their current and future applications, and challenges and potential issues facing the industry.

In his response to the study, Phillips commented on the rapid growth and dynamic nature of the nanotechnology industry, NanoMech’s position as innovators in the field of nanomanufacturing, and challenges facing the United States’ nanoengineering landscape such as foreign competition and a shrinking STEM workforce.

“Nanomanufacturers are using nanoscale (one billionth of a meter) materials to produce next-generation products that are stronger, lighter-weight, safer, more durable, and more reliable,” Phillips explained in the study. “Nanomanufacturing represents the best of sustainable practices because it finds ways to exponentialize materials, reduce waste, reuse elements, and recycle materials—always considering how to make less…more!”

The report concludes that innovation enabled by exponential technologies helps manufacturers grow faster, be more agile, and unlock new forms of value!

ABOUT SINGULARITY UNIVERSITY

Singularity University describes itself as a global community that uses exponential technologies to tackle the world’s biggest challenges. The Exponential Technologies and Manufacturing study is the latest in its range of products and publications aimed at helping their audience understand rapidly accelerating technologies.

From Singularity University’s website: “With our community of entrepreneurs, corporations, development organizations, governments, investors, and academic institutions, we have the necessary ingredients to create a more abundant future for all.”

ABOUT NANOMECH INDUSTRIES

NanoMech, an ISO 9001:2015 certified organization, is focused on patented platform nanomanufacturing technologies that offer a broad range of high value market opportunities. The operating vision of NanoMech is to be the highest quality world leader in nanomanufacturing innovation with swift product development and an emphasis on platform technologies that are scalable for efficient mass production. The company’s products have applications in high-level energy manufacturing, machining, lubrication, highly durable and sustainable protective multi-functional coatings for metals and textiles, as well as consumer products, oil and gas, marine, racing, heavy-duty trucking, automotive, aerospace, electronic vehicles and strategic military applications.

ABOUT THE COUNCIL ON COMPETITIVENESS

The Council on Competitiveness is the only group of corporate CEOs, university presidents, labor leaders and directors of national laboratories committed to the future prosperity of all Americans and enhanced U.S. competitiveness in the global economy through the creation of high-value economic activity in the United States. The Council is a non-partisan and non-governmental organization. Learn more about the Council here or view the full list of publications here. Check out the Council on Competiveness’ Facebook page for further updates or follow @competenow on Twitter.

ABOUT DELOITTE

Deloitte provides industry-leading auditing, consulting, tax and advisory services to many of the world’s most admired brands, including more than 85 percent of the Fortune 500 and more than 6,000 private and middle market companies. Our people work across more than 20 industry sectors to make an impact that matters—delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them.

FOR IMMEDIATE RELEASE
April 5, 2018
Media Contact NanoMech – Wyatt Watkins
Wyatt.Watkins@nanomech.com
479.725.8003

NANOMECH WINS 2017 EDISON AWARD

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nGlide® Superflo Coating Lubricant Makes Superior Aerodynamic Vehicles Possible

April 19, 2017 Springdale, Ark. – NanoMech Industries has been named a 2017 Award Winner by the internationally renowned Edison Awards™. The distinguished awards, inspired by Thomas Edison’s persistence and inventiveness, recognize the top in innovation, creativity and ingenuity in the global economy. This honor is the third Edison Award in four years for NanoMech, a truly historic achievement never before accomplished by an Arkansas-based company.

“It’s exciting to see companies like NanoMech continuing Thomas Edison’s legacy of challenging conventional thinking,” said Frank Bonafilia, Edison’s Awards’ executive director. Edison Awards recognizes the game-changing products and services and the teams that brought them to consumers.

nGlide® Superflo SPF Coating Lubricant

The patented macromolecular powered nGlide® Superflo is a specially formulated, spray-on high temperature coating lubricant that has been engineered to not only increase the efficiency/performance of metal processing, but also to ensure a higher level of protection for the equipment it runs on. It utilizes a blend of proprietary nano-engineered multi-component materials to achieve difficult superplastic metal forming (100%+ sheet metal elongation rate for aerodynamic body) and manufacturing yield. nGlide® Superflo has demonstrated success at SPF (High Temperature Superplastic Forming) with major 30% productivity enhancement, better surface finish and staggering 67% reduction in part cleaning time under severe SPF metal forming conditions. This innovation is based on an environmentally friendly water-based system, easy to apply, non-staining and non-corrosive. Meanwhile, it only costs 33% of legacy product ($60-75/gallon compared to $190+/gallon), demonstrating NanoMech’s “less-is-more” sustainability mission critical supremacy. It strategically increases industrial competitiveness and consumer value. nGlide® Superflo has the ability to make the SPF process a reality for traditional automotive OEMs such that advanced energy-saving body designs can be manufactured in high volume and at an affordable price.

Key Benefits:
· 30% productivity enhancement by providing less intervention from less or no material accumulation in the die;

· Less surface defects such as galling on die and blanks by providing superior coating adhesion and super low friction;

· Post-treatment productivity enhancement by providing easy cleaning and good metal finish;

· Enhancement of longevity of system by providing no metal corrosion

James M. Phillips, Chairman and CEO NanoMech Industries stated, “Globally, automotive vehicles, aircraft, race cars, spacecraft, and motorbikes demand complex aerodynamic and aesthetically appealing body shapes, that simultaneously increase fuel efficiency, control and safety. These bodies are monolithic lightweight metals manufactured by superplastic forming (SPF), using complex dies under severe pressure and temperature demanding high productivity that is dramatically improved by our award winning nGlide® Superflo.”

Dr. Ajay P. Malshe, CTO and Founder added “nGlide® Superflo has the ability to make the SPF process a reality for advanced vehicle bodies including for automotive OEMs such that advanced energy saving body designs can be realized! They are manufactured by stretching sheet-metals more than 100%, and traditional lubricants fail due to friction, resulting in ruptured parts with production yield. The problem is at nanoscale and therefore the solution must be at nanoscale and nGlide® Superflo is the most advanced nanoengineered multi-functional coating for metal forming applications manufactured in high volume and at an affordable price. nGlide® is the world’s first nano-engineered design innovation, unlike ineffective nano particles approaches.

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech Industries for their innovative work. “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech and nGlide® are at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing: but is smart, safe, sustainable and surging.”

NanoMech-Edison-car

ABOUT EDISON AWARDS
Originally established in 1987 by the American Marketing Association, but an independent organization since 2008, the Edison Awards™ have recognized and honored some of the most innovative products and business leaders in the world and is among the most prestigious accolades honoring excellence in new product and service development, marketing, design and innovation.

Edison Awards is a program of Edison Universe, a 501(c)(3) organization. While our awards honor innovation, recognize achievement and celebrate success from organizations across the globe, Edison Universe is focused on fostering innovation. Edison Universe celebrates natural curiosity, supports discovery, promotes the core skills and processes of innovation, and helps foster a deeper understanding of teamwork and experimentation. A few key objectives are promoting innovation concepts and curriculum in a variety of media; mentoring and encouraging students, and bridging students to industry. For more information about the Edison Awards, Edison Universe and a list of past winners, visit www.edisonawards.com.

ABOUT NANOMECH INDUSTRIES
NanoMech nGlide 2017 Edison Award WinnerNanoMech, an ISO 9001:2015 certified organization, is focused on patented platform nanomanufacturing technologies that offer a broad range of high value market opportunities. The operating vision of NanoMech is to be the highest quality world leader in nanomanufacturing innovation with swift product development and an emphasis on platform technologies that are scalable for efficient mass production. The company’s products have applications in high-level energy manufacturing, machining, lubrication, highly durable and sustainable protective multi-functional coatings for metals and textiles, as well as consumer products, oil and gas, marine, racing, heavy-duty trucking, automotive, aerospace, electronic vehicles and strategic military applications.

FOR IMMEDIATE RELEASE
Media Contact
NanoMech – Wyatt Watkins
Wyatt.Watkins@nanomech.com

Arkansas Trucking Report: Jim Phillips, A Well-Oiled Machine

NanoMech CEO Jim Phillips and the Arkansas scientists behind better trucks

atr-2017-2It’s not often that you get to meet the man who changed the way the world communicates, conducts business, watches TV, and now maintains the hundreds of machines we’re surrounded by every day. But if you do get the chance to hang out with Jim Phillips, the CEO of NanoMech who developed and introduced instant messaging, the cable modem, DVR and a handful of other devices that run our lives, be prepared to keep up.

Phillips’ presence in a room is electric. He talks about his work with a glimmer in his eye and awe in his voice as he explains how a graduate from Jacksonville High School would dive into the technology sector an introduce the predecessor of texting as we know it, the flip phone, cable internet before Michael Crichton – Yes, that Michael “Jurassic Park” Crichton – tells him about an intriguing new science that could change the world.

If all of this sounds far-fetched, sit back. You need to hear the story of Jim Phillips and the business he’s building in Springdale, Ark. with his closest associate and CTO Dr. Ajay Malshe, one of the world’s first renowned nanoscientists, that promises to make today and tomorrow’s trucks run like a well-oiled machine.

Beam Me Up, Skypager!

Phillips had an early interest in science fiction and moving parts. “I grew up on Star Trek,” he says. At six years old, he was reading hand-me-down issues of Popular Science and Popular Mechanics from his older brother. He grew up all over the world, naming Germany and Panama as early homes, before moving to Arkansas his senior year when his dad was a colonel at the Little Rock Air Force Base.

In a hallway lined with pictures of some of the most powerful entrepreneurs and politicians in the world hanging alongside framed magazine covers he’s graced, Phillips points to a picture of a plane, “The way I learned my life was through flying those like dad.”

He claims his time at Webb Air Force Base in Big Spring, Tex. was just like Top Gun with a best friend whose name was actually Maverick and other real characters like Goose and Major Nail (first name: Rusty). “On Saturdays, I’d go down and learn how to build a plane or take it apart. I’ve always just had an inkling to get my hands on these things. Plus, I was flying in ‘em,” he says.

Something going wrong during high speed dive recoveries in advanced jet training is good motivation to want to know everything about the machine. “You’ve got a speed brake. It’s the flap that drops out of the nose that nobody knows about,” Phillips explains. “I’m hitting this thing to the point that my leather glove got a big hole in it, and [my hand] started bleeding. Open, open, open! Because if [the flap] doesn’t open, I can’t pull it out of that high-speed dive without taking the wings off … and dying.”

For Phillips, the stakes have not always been life or death. He was offered a scholarship to the University of Arkansas. Instead he crossed the Mississippi River to attend the University of Memphis and completed his thesis on Nortel (Northern Telecom), the second largest telecommunications company in the world at that time. He was hired by the company right out of college in 1975 and moved to Dallas to be involved in research and development.

atr-2017-3Phillips has a special ability to recognize the possibilities of technology. It’s as if he sees science fiction as just science. When he was presenting the earliest instant messaging to Wall Street, investors and everyone else, it wasn’t easy to share that vision with others.

“People would say what I’ve got is good enough…,” he pauses before continuing, “they had a fax machine,” as if dropping a punchline. Now it is a punchline to think that a fax machine is good enough or fast enough to communicate or conduct any kind of business, but Phillips knew that then.

“They’d look at me and say, ‘Look, if it’s important, it will be there in the morning when I get there. It beats mail by days.”

When he demonstrated the product, called the Skypager, to FedEx, the head of telecommunications was impressed but bet within the year they’d use only 100 Skypagers. Phillips was incredulous. “You have thousands of pilots?” So he promised them that FedEx would use 500 the first year.

“I can tell you exactly how many they had… 1,787 at $69 a month.” The service went viral overnight, and the rest is history. Phillips called Star Trek’s James Doohan to market the service with a variation of his famous catch-phrase, “Beam me up, Skypager.” Today, we could all no more imagine a world without instant messaging as we could without pizza, and that’s no kind of world anyone wants to live in.

The story was similar with the cable modem. Before Phillips shared his vision of Internet outside of telephone companies and the screetching of a dial up handshake, no one would imagine a million TV channels in their Cox Cable bundle.

Nano Level Is The God Level

The vision Phillips is selling now at NanoMech is not better communication. It’s better machines, and for trucking, NanoMech is a gamechanger for preventative maintenance.  But the company does not actually make or sell machines at all. What’s being created in the laboratories and on the manufacturing floor at NanoMech is much, much smaller, but infinitely more revolutionary.

In drums stack 10 high are grease, lubricants and sealants that will be shipped to trucking companies and suppliers around the region like Navistar, Summit Truck Group, Tyson Foods, Walmart Transportation and J.B. Hunt to name a few, as well as a long list of others around the nation. The plastic white bottles that will soon appear on retail shelves are labeled nGuard, AtomOil, AtomGuard and Guardx.

The little “n” (like the lower ‘i’ in Apple products) is a reference to the nano level, the AtomLube a reference to the atomic level, or, as Phillips likes to say, the god level.

“Being a Christian, that’s the way I speak it. A lot of people call it the nature level. But I don’t know who Mother Nature is… We are now down to that level where we can make material things just like DNA.”

“Now using nanotechnology and DNA chromosomes, very soon no matter what problem we have, we’ll be able to in and fix by taking out or adjusting chromosomes,” Phillips continues.

To understand the minuteness of the nano level is just as heady as fathoming the vastness of outer space. “We’ve all seen the telescopes that look out 100 million lightyears, and we know it is infinite because we’ve seen it.” The same massive universes are visible when we look inside electron microscopes, according to Phillips.

“That’s why we are working with nano particles. Inside there is the ability to create 3-dimensional periodic tables, with elements, materials. Everything is made of these materials. All your textiles, all your clothes, what you are sitting on. It’s all materials. The air you breath,” he explains with wonder in his voice.

“We can harness that in nanotechnology.”

When the company was first started, they were helping to solve problems in the oil and gas industry when machines were failing in extreme environments like the BP oil spill. According to Phillips, it was a lubrication and sealing issue, and nanotechnology will make sure it doesn’t happen again.

atr-2017-4“The biggest oil and gas company, they came to us and said, ‘Can you fix this big problem? Can you create us a sealant, grease, lubricant, that can last at 6,000-8,000 feet down in the ocean for 25 years?’” NanoMech make that product now and ships it all over the world. They can create products that maintain machines in even tougher environments, like satellites that can’t come back down for maintenance and no one can go service them.

The nano level makes it possible to manufacture more safely, too. Motor oil doesn’t have to contain dangerous chemicals like ZDDP anymore. At the nano level, Phillips’ team replaces harmful additives with Arkansas-produced canola oil, safe enough to eat.

Since working with J.B. Hunt just a few miles down the road and getting to know the specific problems of the trucking industry, they are harnessing that potential for better trucks, because like oil fields, trucks operate in all kinds of harsh environments. Phillips tells the story of a truck that hauled pickles, and the brine was sloshing around and eating away the trailer. Coating the insides with nanomanufactured sealants protected the trailers and saved the carrier a lot of money.

“I know it’s rocket science. We apply rocket science to trucks. When we look at trucks, we look at it as a space shuttle. We have to deal with satellites and rockets and everything else.”

When it comes to rocket ships, Phillips would know.

When standing on stage two years ago to accept the Edison Award, which honors excellence and innovation in new products and service development, Elon Musk, the CEO of Tesla and SpaceX, leaned over and asked Phillips, “Does your ‘stuff’ really work?” and Phillips responded, “Of course, it does.”

Nano in NWA

In the late 90s, Phillips was serving on the Board of Virtus with Michael Crichton, who was working on his novel, Prey, a cautionary tale about nanotechnology, artificial intelligence and genetic engineering.

Around the same time, at a fold-up table outside a public restroom at the University of Arkansas, Dr. Ajay Malshe and Dr. Wenping Jiang were actually practicing the nascent science in Crichton’s book.

To say Dr. Malshe wrote the definition of nanotechnology is no hyperbole. When he graduated in 1992, the formal name of his degree was “submicron physics” because there literally was no word yet for what he was studying. In 2002, he was invited to Puerto Rico with a group of scientists to define nanotechnology as the industry began to gain traction.

“There was no definition. Nothing on Wikipedia, nothing in Encyclopedia Britannica,” Malshe says. “I remember myself being on the board, inventing the word nanomanufacturing and what it means.”

Malshe had been building a program in Arkansas, teaching classes, graduating students and Ph.D.s, writing research publications, but the one thing he felt like he had not yet done was practice what he invented. He wanted to create “something that I can put in the hands of people.”

Malshe grew up in India, but today, he’s spent more of his life in America. “This is my homeland, and India is my motherland.” He and his wife fell in love with Northwest Arkansas when he was recruited to the University of Arkansas for his doctorate. When Malshe had the opportunity to start a business and practice science outside the classroom, he didn’t look further that his own backyard.

“When I was younger, I always had an ambition that I will build a place rather than a place building me. I was one of those people who swam against the flow. So I decided to stay here and build a reputation in my area, what I do – manufacturing,” he says.

It took a long time for NanoMech to win the three Edison Awards (2014, 2016 and 2017), to be granted its latest government contract improve the military’s uniforms with materials that protect the wearer from bullets, odors and disease-carrying insects, or to use that same technology to create antimicrobial truck cabs. Unlike a software or app business that could be built quickly and sold for a lot of money, Malshe says it took time to conceive the idea and understand the sound foundation of science.

“Every business has two sides: a science technology product side and then business acumen. NanoMech in the first ten years was really strong in the science and understanding technology, but I must admit that we never had – I never had a mentor like Jim.”

If you want to stand on the shoulders of giants, Northwest Arkansas is the place to do it with legacies like Sam Walton, Don Tyson, J.B. Hunt. “I wish I had the opportunity to meet them because entrepreneurship is contagious. But I only heard those stories; I had no one around that I could look at and talk to and get advice.”

Malshe found someone with the business acumen that the company needed in Jim Phillips. Phillips had been asked by Fred Smith to help build the FedEx Institute of Technology (FIT) at his alma mater in 2000. Crichton’s book had intrigued Phillips, and FIT, called the MIT of the South, began researching nano bioscience.

This led to Phillips meeting the University of Arkansas professors who were already working at the nano level. It was a “small little group, and then somehow, someway, I invested,” Phillips recalls. “The next thing you know I became CEO. That’s when we started building out here, building factories.”

Assembling a Top Team

While Malshe has advanced degrees from Ohio State University and University of Arkansas, Phillips didn’t groom his love for science and technology in the classroom. The photos that hang on the wall are of his good friends, Steve, Billy and Mike (Jobs, Gates and Dell respectively), and Phillips says, “Those guys not only don’t have science and engineering degrees, they don’t have degrees. They all dropped out as freshman.”

He would never tell someone not to go to college, but he knows that you don’t have to study science if you have vision and are surrounded by people who practice science. And all his life, he’s surrounded himself with the brightest, most beautiful minds on the planet.

atr-2017-5In fact, most of their employees were once Dr. Malshe’s students, and NanoMech has paid the University of Arkansas $1 million, more if you count stocks. They are invested in the students and the community of Northwest Arkansas.

“What attracted me to investing at the beginning of it all was the fact that this science team are brilliant scientists. We hired them here as interns, and they were in Ajay’s classes,” Phillips says.

“They were actually all my students for years. So this relationship we are describing is more than…” Malshe trails off.

At NanoMech, you never get the sense that science is cold. Phillips and Malshe both talk of their team as the smartest, most loyal, most worthy of respect no matter where they come from. In fact, that diversity is celebrated.

“All my scientists come from overseas,” says Phillips. “They are all immigrants. Our parents were immigrants at one point, or grandparents or great grandparents. They got their Ph.D.s here. They got their American citizenship. It’s so neat in Arkansas to see these guys. We start them off as interns when they are students, and then we pick the best and brightest. As they get their master’s and as they get their doctorate or post doctorate, we are also paying and working with them to get their American citizenship. And their wives or husbands get Ph.D.s too,” he continues.

They don’t want them going anywhere else, taking that talent and determination outside of the state or outside of the country, because they believe in American innovation and bringing back U.S. manufacturing.

One of the most recent talents Phillips recruited is not a scientist at all though. Bryan Peoples has been in the transportation industry since he was born. His parents and grandparents both owned trucking companies, and after graduating from University of Central Arkansas with a degree in business, Peoples worked for trucking heavy hitters like J.B. Hunt Transport and Tyson Foods. He was working Lowell, Ark. for Transplace, a large transportation 3PL, when he met Phillips.

NanoMech was looking for someone that knew the trucking industry inside and out. They had Malshe’s students working on the mechanical engineering, wearing the lab coats and producing answers, but what they needed was someone who knew the right questions that trucking would ask.

“From a customer standpoint, I can’t stand not having freight moving. It needs to be rolling. If my truck is in the shop, the customer is getting mad, the driver is getting mad, and we’re losing revenue if the wheels aren’t turning. So how can we improve that?” Peoples asks.

“Bryan knew that the most important thing with trucks is uptime. Any downtime takes the whole system down and can create safety issues… he grew up walking around in trucking maintenance,” Phillips says of Peoples.

Scientific Solutions

Peoples, Malshe and Phillips meet with safety and maintenance executives daily to listen to the problems the machines cause and consider how those solutions can be found using nanotechnology. The new trucks contain more electrical connections than ever, but those connections carry corrosion risk.

To give truck drivers more uptime, NanoMech has created dielectric grease and other lubricants that extend the time between maintenance cycles. Right now, they are regularly extending a truck’s maintenance cycle from every 24,000 miles to every 75,000 miles.

Phillips jokes about wanting to work on gravity resistant materials next for hoverboards, but the science that goes into solving friction issues for 80,000 lb. trucks is just as impressive.

“Think for a second,” Malshe says, “if human cancer is at the human cell level, people treat humans from head to toe with chemotherapy. It’s like you are killing a bird with a cannon. It is so primitive. So I realized that people are taking are of mechanical machines by slapping on lots of lubricants, but the problem is not at that scale. It is at a smaller scale… All the problems left to solve are at nano scale. Therefore, all the solutions are at nano scale.”

And it’s that kind of thinking and the results it produces that Peoples says is blowing the minds of the people they meet who are lathering trucks with the same grease and lubes that were created 30 or 40 years ago.

Phillips says that’s why NanoMech is going to revolutionize trucking, “We out-science everyone.”

Truck-Lite Partners with NanoMech Industries

 NanoMech Industries  Truck-Lite

FALCONER, N.Y. (February 2017) – Truck-Lite Co., LLC, a worldwide leader in heavy-duty lighting, wire harness and visibility systems, has announced its exclusive partnership with NanoMech Industries, a world leader in nanotechnology innovation. According to NanoMech, their nanomanufacturing processes take advantage of the novel properties of nano-scale materials (down to one billionth of a meter) to produce products that provide higher performance in many areas, including lubricants, dielectric materials, corrosion protection and other innovative compounds. Repeatable, reproducible and reliable nanomanufacturing processes are at the heart of NanoMech’s next-generation product innovations.

The basis for this innovation is NanoMech’s patented and patents-pending nGlide® platform technologies. nGlide nano-engineered formulations eradicate corrosion, provide enhanced barriers to moisture, dielectric protection and water washout resistance and reduce friction by orders of magnitude over traditional commodity products. This innovation so dramatically outperforms conventional and nano-particle based technologies that nGlide-based products virtually render all others obsolete.

Through its long-term partnership with NanoMech, Truck-Lite will introduce an exciting new series of Nano™ line products, specially designed to provide a vastly improved level of performance-increasing resistance to electrical malfunction, corrosion and oxidation. Both Truck-Lite and NanoMech are vigilant and keenly aware of the significant threat that electrical system corrosion poses to the medium and heavy-duty trucking industries globally.

“Truck-Lite understands that the desire of the fleet is to find products that can last the life of the vehicle, and Truck-Lite’s new Nano product family moves us a giant step closer to achieving that goal,” said Brad Van Riper, senior vice president and chief technology officer of Truck-Lite. “Our agreement with NanoMech will allow us to offer a superior level and customer-focused product line to the industry.”

“We have dramatically improved the field of multi-functional protection, and our dielectric protection products have been tested and approved by the largest truck fleets and OEMs in the industry,” said Dr. Ajay P. Malshe, NanoMech founder and CTO. “Nanoengineered materials provide unique material behavior, clinging to even the smoothest surfaces with a long-lasting electrical protective coating at the nanoscale. No other product can protect electrical interfaces to the nano-level like this technology; it stands up to the most extreme and harshest operating conditions and is perfect for the widest range of electric connections and interfaces, including LED lighting, batteries, harnesses and many more.”

“Our solutions are made possible by a powerful mechanical systems lens through which we view both present needs and future opportunities,” added James M. Phillips, NanoMech chairman and CEO. “NanoMech aims to revolutionize trucking performance, efficiency and sustainability. Our goal is to always out-science everyone else while working closely with industry leaders such as Truck-Lite.”

ABOUT NANOMECH
NanoMech, an ISO 9001:2015 certified organization, is focused on patented platform nanomanufacturing technologies that offer a broad range of high value market opportunities. The operating vision of NanoMech is to be the highest quality world leader in nanomanufacturing innovation with swift product development and an emphasis on platform technologies that are scalable for efficient mass production. The company’s products have applications in high-level energy manufacturing, machining, lubrication, highly durable and sustainable protective multi-functional coatings for metals and textiles, as well as consumer products, oil and gas, marine, racing, heavy-duty trucking, automotive, aerospace, electronic vehicles and strategic military applications.

ABOUT TRUCK-LITE
Truck-Lite Co., LLC is headquartered in Falconer, New York, with additional U.S. manufacturing facilities in Wellsboro, Coudersport and McElhattan, Pennsylvania; Saline, Michigan; Gilbert, Arizona; and Nashville, Tennessee, with international facilities in Harlow and Birmingham England; Puebla, Mexico; and Eisenach, Germany. Truck-Lite is a major producer of safety lighting, forward lighting, wiring harnesses, mirrors, turn signal switches and safety accessories to the heavy-duty truck, trailer and commercial vehicle industries.

Contact:
Andrew Liuzzo
Truck-Lite
Phone: (716) 664-3569
Email: aliuzzo@truck-lite.com

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