Nanomaterials 2010

Trends & Opportunities
For Nanomaterials

Tim Harper
Cientiﬁca Ltd / Envision ALR
Nanomaterials 2010
Tuesday, 8 June 2010

Tim Harper
• Engineer at European Space
Agency
• Serial Entrepreneur
• Founder of European
NanoBusiness Association
• Chair / Chief Advisor of
Several National Funding
Bodies
• World Economic Forum
Emerging Technologies
Council / Tech Pioneers
• President, Nanotechnologies
at Envision ALR
2

We Wrote The Book on
“Nano” in 2002
“The Nanotechnology
Opportunity Report is a
breakthrough - it is the ﬁrst
complete report of the state
of our ﬁeld”

-Meyya Meyyappan director of
the Center for Nanotechnology at
NASA Ames, March 2002

3


And Rewrote It In 2008

"Almost a billion dollars of investors
cash has been poured down the drain
by investors who did not understand
the crucial difference between a
science project and a successful
company, egged on by a plethora of
nanotech ‘experts,’ while large
corporations have laughed all the way
to the bank”

4


Envision ALR
Envision A Living Revolution (“Envision”) was
launched in 2006 with the vision of becoming a
leading integrated operating company in the
markets of
• Healthcare
• Energy
• Green Chemicals & Materials
• Water


Envision ALR
Envision builds strategic and profitable positions in these markets by
acquiring & commercialising underexploited technology platforms in the
scientific fields of:
• Regenerative Medicine
• Nanotechnology
• Industrial Biotechnology
Envision employs an integrated operating model and full life-cycle
funding approach allowing it to drive commercialization from the point
of technology acquisition all the way through manufacturing and
marketing
Envision develops products that can be marketed under Envision’s own
brand, or marketed by partners, under their own brands


Nanotechnologies -
From A Passive To An
Active Role

7

Global Population Growth
11,000,000

10,250,000

9,500,000

8,750,000

8,000,000

7,250,000

6,500,000
2010 2015 2020 2025 2030 2035 2040 2045 2050

Medium High Low


Population Pressure
World Average Income Per Capita
2007 2022
2007 Population 2007 Expenditure
Distribution Per Capita
30% 1

0.9
25%
0.8

0.7
20%
0.6

15% 0.5

0.4
10%
0.3

0.2
5%
0.1

0% 0
0

00

00

00

00

00

00

00

00
0

00

,0

,0

,0

,0

,0

,0

,0

,0
5,

10

15

20

25

30

35

40

45
GDP per capita (in 2000 USD)


Can Technology Avoid
War, Famine, Pestilence
or Worse?

11

5000 Years of Science

12

Humans have

12

Humans have

• Been observing the
world for 5000 years

12

Humans have


• Signiﬁcantly changing it
for 100 years

12

Humans have


• Signiﬁcantly changing it
for 100 years

• Understanding our
actions for 20 years

12

Control Over Materials

Materials Have Always Been
Vital to Humanity
• Clothing,
• Heating, hunting tools
• Coal, iron, oil, copper
• Semiconductors
• Satellites

13


Materials Have Shaped
Our Culture
10,000
BC 1000 BC 0 1800 1900’s 2000 2010

Stone
& Wood Iron Cement Steel Polymers Synthetic Biology
Composites Nanotechnology

Adapted from Herrmann, W. Chem. Eng. Technol. 21(7), 549 (1998)
14


Science Enables New
Technologies
Complexity

Control
1650 1950 2050 15


Science Enables New
Technologies
Complexity

Control
Semiconductors
1650 1950 2050 15


Science Enables New
Technologies
Complexity

Control
Biotechnology
Semiconductors
1650 1950 2050 15


Science Enables New
Technologies
Complexity

Nanotechnologies

Control
Biotechnology
Semiconductors
1650 1950 2050 15


Science Enables New
Technologies

Synthetic Biology
Complexity

Nanotechnologies

Control
Biotechnology
Semiconductors
1650 1950 2050 15


Science Enables New
Technologies

Geoengineering?
Synthetic Biology
Complexity

Nanotechnologies

Control
Biotechnology
Semiconductors
1650 1950 2050 15


Moving From Control Of
Materials to Control of
Things

16

Things
Materials
• Metals

• Semiconductors

• Food Processing

Passive
16

Things
Materials Things
• Metals • Crops

• Semiconductors • Cells

• Food Processing • The Planet?

Passive Active
16

9 global trends selected for discussion

Climate change, environment, Carbon productivity and adaptation becoming an
1
and sustainability increasingly dominant factor in all business decisions

Working Draft - Last Modified 19.11.2009 10:26:59
2 Rapidly growing demand for energy Energy security becoming a bigger geopolitical concern

3 Limited resources Resource demand rapidly outpaces supply (oil, gas, coal, water,
biomass, and other raw materials), price volatility

Increasing scarcity and unequal Demand for clean water rapidly outpaces supply in regions where
4
distribution of water majority of the world's population lives*

Growing demand for food, nutrition, and Agricultural production struggling to satisfy increasing demand for
5
health high-calorie quality food and health care

Printed 03.11.2009 13:57:36
6 Demographics, including shifting Over 1 billion new consumers (e.g., China and India); ageing
populations and mobility population; exploding demand for transport

7 Shifting centers of economic activity Dramatic realignment of GDP, urbanization, new geo-political
balance

8 Social life in a technological world Connectivity transforms the way we live and interact

9 Corporate global citizenship Companies increasingly consider all stakeholders, particularly
with respect to environmental sustainability

* By 2030, 40% of global GDP and 85% of the world's population will be in regions where water demand exceeds
supply (HBR July-August 2009, p. 1)
Source: McKinsey; inputs from WELCOM call 21 July 2009; bilateral discussions at World Economic Forum 17

Huge Potential: Tiny
Rewards


A History of Technology
Push 1
Oxonica
• Spun out in 1998 from University of Oxford

• Raised £12.5m from investors

• AIM ﬂotation in June 2005 raised additional
£7.5m

• Market Cap of £150m in 2005

• Market Cap of £1.5m and delisted in 2009


Why Did They Fail?
• All products were based on nanoparticles
• Manufacturing was outsourced
• Products were quickly commoditised
• Margins always under pressure
• Lone acquisition did nothing to secure
markets, supply chains or diversify
• Messy and costly IP disputes


A History of Technology
Push 2
Carbon Nanotechnologies Inc
• February 2005: 30 patents issued, 70
applications pending and were hoping to
corner the world market
• March 2007: Acquired for $5.4m in stock by
Arrowhead Research and merged with Unidym
• February 2009: Unidym replaces CEO and
closes old CNI facilities in Houston
• July 2009: “Zero employees”


Why Did ey Fail?
CNI HAS THE BRAINS, THE CASH, NOW ALL IT NEEDS
IS THE MARKET

Carbon Nanotechnologies Inc. seems to have it all – a Nobel
laureate as its co-founder, a veteran management team, $15
million in angel funding and a working pilot plant. What the
carbon nanotube producer lacks is a commercial product and a
market. CNI is positioning itself to dominate once that
happens by building its business and production capabilities
simultaneously.
-July 29, 2002


A Rather Obvious
Conclusion


A Rather Obvious
Conclusion
• Technology Push Doesn’t Work!
• Hundreds of millions of dollars and twenty
years of research have yielded little of value
– why?
• Basic business premise was to push the
technology onto an agnostic market


A Rather Obvious
Conclusion
Need to incorporate
nanomaterials in
products which
address real markets
and problems

Nanomaterials Already
In Widespread Use

24

Nanomaterials Already
In Widespread Use

• Composite Materials
• Conducting Polymers
• Thin Film Photovoltaics

24

Composite Applications

• Automotive body parts
• Aerospace composites & coatings
• Packaging
• Conducting polymers

25

Nanocomposite
Materials
• Polymer + nanoparticle, nanoﬁbre or clay
• Increases strength & rigidity
• Lowers weight
• Much of value is in the formulation rather
than the ﬁller

26

Nanocomposite
Materials
• Polymer + nanoparticle, nanoﬁbre or clay
• Increases strength & rigidity
• Lowers weight
• Much of value is in the formulation rather
than the ﬁller

Abalone Shell - Nanoscale Engineering
26

Nanocomposite Use In
Automotive Industry
• Conducting composites
for better paintability

• Moulding cycle time
reduction

• Improved mechanical
properties

• High scratch resistance
paints

27

Replacing Indium With
Conductive Inks
• Demand Drivers
• Rising demand for touch screens and ﬂat
panel displays
• Increasing use of thin ﬁlm solar panels
• Solar applications and displays require
better materials than Indium Tin Oxide
• Global supply of Indium is limited
28

Conducting Polymers at
Envision

29

iLab

31

A Paradigm Shift in
Medical Diagnostics
Broad range of Point-of-Care applications
• Complete blood proﬁling
• HIV/STD testing
• Infectious diseases
• Molecular Diagnostics:
• Cardiovascular diseases
• Cancer diagnostics
• Animal health

32

Nanosolar

33


market volume (Billion $)

200
Silicon Printed
semiconductors semiconductors
150

100

50

0
85

95

05

15

25
80

90

00

10

20

30
19

19

20

20

20
19

19

20

20

20

20
Market forecast SIA, IDTechEx 2006
34


No Quick Returns?

35

No Quick Returns?
• It will take ten to twenty years for new
sources for renewables to become
competitive with existing sources

35

No Quick Returns?
• Market forces will drive up the cost of
dwindling resources in the meantime

35

No Quick Returns?
• Market forces will drive up the cost of
dwindling resources in the meantime
• Current investment levels in renewables
have priced many investors out of the
market

35

It Takes $1Bn To Get In
The Solar Game

36

The Solar Game
• Konarka Technologies burned through over
$100 million in VC funding

36

The Solar Game
• Nanosolar has raised $295 million to date

36

The Solar Game
• Nanosolar has raised $295 million to date
• Realistic opportunities are enabled by
organic solar, not producing solar

36

Resources Are Getting
Scarcer
• Global competition for
resources

• Demand driven by
increasing and
increasingly afﬂuent
population

• Some resources are
almost exhausted

37

Scarce Resources
Metal Remaining Supply*
Indium 5-10 years
Antinomy 15-20 years
Platinum 15 years
Hafnium 10 years
Tantalum 20-30 years
Uranium 30-40 years

Armin Reller, U. Augsburg, Tom Graedel, Yale
* Pre Global Economic Crisis
38


The Rare Earth
• Global demand for rare earths has tripled
from 40,000 tonnes to 120,000 tonnes over
the past 10 years
• China now controls 97% of the global supply
of 17 rare earths
• 25% of new green technologies rely on
minor metals and rare earths

39

A Fuel Efﬁcient
Resource Hog
• Each electric Prius motor
requires 1 Kg of
neodymium

• Each battery uses 10 to
15 kg of lanthanum

• The most rare earth
intensive product on the
planet

40

Uses of Indium
Global Market for Transparent
Conductors Touch Screens,
& other electronics
3,500,000

$3.0B
3,000,000

$2.5B
2,500,000
Solar Cells

$2.0B
2,000,000

$1.5B
1,500,000

LCD Displays
1,000,000
$1.0B

500,000
$0.5B

-
1 2 3 4 5 6

2006 2007 2008 2009 2010 2011

41


He Could Be Right!

“Rare earths are to China
as oil is to the Middle East”

- Deng Xiaoping (1992)

42

What Can We Do?

43

We Have The Tools

44

How To Use Them?

45

Using Emerging
Technologies
• Emerging technologies are critical to long-term
global prosperity
• Innovative technologies do not conform to
conventional technology development
paradigms
• Effective policies for nurturing and employing
emerging technologies are largely absent or
poorly formed in government, industry and
other stakeholder organisations

46

Understanding Nature

47

A Top Down Approach

48

A Bottom Up Approach

49

By Copying This Trick

Reducing friction between container ships hull
& water could
• Save 1% of global oil consumption or
• 850,000 barrels per day

50

An Old Trick For
Textiles

51

Synthetic Biology
Longest Published DNA
Sequence

Source: Rob Carlson synthesis.cc
52

A Lot Like Moore’s Law
53

Not Just Biofuels

Converting waste products into feedstock
• Wheat & Rice Straw to Sugars
➡Sugars to Glycol
➡Glycol to Bioplastics

54

Reducing Our Dependence On This
55

Cleaning Up The Mess


What We Need
Sector Need Solution
Improve Yields
GM Crops
Food Address Malnutrition
Golden Rice

Reduce Consumption Composites
Energy Generate Clean energy Photovoltaics
Wind/ Tidal

Alternative Fuels Industrial Biotech
Climate Make Better Use of What We
Have
Synthetic Biology
Nanomaterials

Synthetic Biology
Earlier & Cheaper Detection
Disease Effective Treatment
Targeted Nanoparticle Drug
Delivery

57

Can We Do It?

58

Can We Do It?

Well...

58

Can We Do It?

Well...
• The innovation process is inefﬁcient

58

Can We Do It?

Well...
• Capital for Emerging Technologies is Poorly
Educated

58

Can We Do It?

Well...
• Capital for Emerging Technologies is Poorly
Educated
• Governments Lack Foresight

58

Inefﬁcient Innovation

59


To get there we need

59


• Scientists to realise commercial potential

59


• Investor to both ‘get it’ and have liquidity

59


• Quality management to take it to market

59


• Quality management to take it to market
• Market pull rather than technology push

59

The Capital Gap
VC investments are highly concentrated
• 6 of 17 industries receive >73% of investment
• “Me too” company investments are common

Sectors are selected with inexperience
• Example: $ Billions invested into biofuels

• Investments have unrealistic expectations
• > $100 MM in annual revenue targets
• Ignoring advances and “foundation technologies”

60

Government Foresight

• Huge pressure on ﬁnances
• Hard to second guess the market
• Governments have a poor record of picking
winners

61

In The End...

62

In The End...

• Technology has lead every economic and
social advance for the last 10,000 years

62

In The End...

• It can create and clear up problems (e.g
Ozone layer depletion)

62

In The End...

• It can create and clear up problems (e.g
Ozone layer depletion)
• It is human nature to innovate

62

Conclusions

63

Conclusions

Nanotechnologies and biosciences will be as
important to the 21st Century as oil,
polymers and semiconductors were to the
20th Century

63

Conclusions

Nanotechnologies and biosciences will be as
important to the 21st Century as oil,
polymers and semiconductors were to the
20th Century
We have the tools, lets use them wisely

63

tim.harper@envisionalr.com
Twitter: @tim_harper


Nanomaterials 2010

Empfohlen

Empfohlen

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (8)

Andere mochten auch

Andere mochten auch (20)

Ähnlich wie Nanomaterials 2010

Ähnlich wie Nanomaterials 2010 (20)

Mehr von Tim Harper

Mehr von Tim Harper (6)

Kürzlich hochgeladen

Kürzlich hochgeladen (20)

Nanomaterials 2010