Veeco and Dow Chemical Company Joint Research Program Receives Multi-Million Dollar NIST/ATP Award
Veeco Instruments Inc. (Nasdaq:VECO) and The Dow Chemical Company (NYSE:DOW) announced today that the U.S. Commerce Department’s National Institute of Standards and Technology (NIST) Advanced Technology Program (ATP) has awarded them $6.6 million in funding for a three-year project to develop a quantitative nano-mechanical measurement instrument. Veeco and Dow’s proposal was one of 32 selected for award funding from a total of 870 proposals following a rigorous peer-reviewed selection process.
Veeco and Dow propose to jointly develop and validate the world’s first platform for high speed, high bandwidth, quantitative nano-mechanical measurements (QNM) on length scales smaller than 50nm, on a wide range of materials. Successful completion of this proposal would lead to the creation of a new measurement platform enabling the development of nanomaterials. The QNM will be developed at Veeco. The platform will be based on recently demonstrated advancements in atomic force microscopy (AFM).
Veeco and Dow’s partnership on this project is based upon Veeco’s leadership position in AFM science and instrumentation, complemented by Dow’s expertise in nanomaterials science and advanced characterization. Technical leads on the joint proposal are Dr. Gregory Meyers, Technical Leader, Dow Chemical, and Dr. Craig Prater, Director of Technology Development, Veeco Research AFM Group.
“The motivation for this project is to remove a fundamental limitation in the development of nanomaterials. Nanomaterials are forecasted to be a multi-billion dollar industry, but material scientists currently lack the ability to accurately and quickly map the mechanical properties of many materials on the nanoscale. Our program will provide a solution,” commented Anthony Martinez, Senior Vice President, General Manager, Veeco Metrology.
According to Dr. Prater, “The National Nanotechnology Initiative and the U.S. chemical industry have identified the need for the rapid design of new materials based upon a scientific understanding of material properties at the nanoscale. The Dow/Veeco project to develop quantitative nanomechanical measurements on a wide range of materials will be integral to this ‘Materials by Design’ vision. We are pleased to receive this prestigious award from ATP, which will accelerate the timeframe of this project by several years.”
Carol Dudley, R&D Vice President for Dow’s Core R&D, added, “The proposed program aligns a common vision of both companies, namely the acceleration of nanomaterial solutions to the marketplace. This effort will support many ongoing R&D efforts at Dow spanning material offerings for the automotive, electronics, coatings and fabricated products markets as well as efforts in development of new materials characterization technologies.”
“We expect this technology will allow material scientists to much more rapidly develop and commercialize new materials with breakthrough performance,” said Roshan Shetty, Director Strategic Alliances, Veeco Research AFM Group. “AFMs are unique in the local nanoscale information they provide. Quantitative measurements would be a revolutionary breakthrough that will migrate AFM technology from R&D to nanoscale manufacturing and quality control across multiple industries.”
About ATP Awards
The Advanced Technology Program at NIST bridges the gap between the research lab and the market place, stimulating prosperity through innovation. The ATP supports projects that industry cannot fully fund on its own because of significant technical risks. ATP awards are made on the basis of rigorous, competitive peer review considering scientific and technical merit of each proposal. In addition, awards are based on the potential for broad-based economic benefits, the need for ATP funding, and evidence of a clear commercialization pathway and broad diffusion.
Details on the Veeco/Dow award announcement can be found at: http://www.nist.gov/public_affairs/releases/atpaward09-04.htm .
About Dow Chemical
Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $33 billion, Dow serves customers in more than 180 countries and a wide range of markets that are vital to human progress, including food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its approximately 46,000 employees seek to balance economic, environmental and social responsibilities. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. For further information, visit Dow’s Web site at www.dow.com .
About Veeco
Veeco Instruments Inc. provides solutions for nanoscale applications in the worldwide, data storage, compound semiconductor/wireless, semiconductor and scientific research markets. Our Metrology products are used to measure at the nanoscale and our Process Equipment tools help create nanoscale devices. Veeco’s manufacturing and engineering facilities are located in New York, New Jersey, California, Colorado, Arizona and Minnesota. Global sales and service offices are located throughout the United States, Europe, Japan and Asia Pacific. Additional information on Veeco can be found at http://www.veeco.com/ .
