|By Business Wire||
|June 16, 2014 05:01 PM EDT||
The U.S. Small Business Administration announced today that NanoMech’s TuffTek® is a winner of the coveted 2014 Best in SBIR (Small Business Innovative Research) Award. This award places TuffTek® in an elite class of innovative products and recognizes it as one of the most technologically significant products introduced in the marketplace of the past year.
Ajay Malshe and Jim Phillips with EPA Program Manager April Richards (Photo: Business Wire)
“This has certainly been an excellent year for NanoMech,” Chairman and CEO Jim Phillips said. “The company continues to gain momentum and receiving The 2014 Tibbetts Award as The Best in SBIR is a tremendous honor for the NanoMech team.”
Mr. Javier Saade, Associate Administrator for the SBA issued the following statement: "Today, we recognize the cream of the crop – those companies and individuals across the country that have used their SBIR funds to successfully advance technological innovation and stimulate economic growth."
“We congratulate EPA SBIR recipient, NanoMech, on their 2014 Tibbetts award and are proud to have helped support their development and commercialization of innovative green manufacturing technologies that help protect human health and the environment,” said Environmental Protection Agency Program Manager, April Richards.
As the world economy begins to ramp back up, it is the innovators, Phillips notes, who will help drive results, efficiencies and ultimately profitability. “TuffTek® is a ground-breaking product that is manufactured using Atomically Precise Manufacturing (APM). When applied to cutting tools, TuffTek® dramatically increases the tool’s precision cutting performance, durability and sustainability while significantly decreasing the company’s costs to manufacture. It is a win-win product, for the customer, the market and the environment.”
Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech 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 TuffTek® 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."
Ajay P. Malshe, CTO/Founder of NanoMech and inventor said, "TuffTek® has redefined and revolutionized the cutting tool industry by significantly improving the wear resistance of the tools as well as their precision and heat resistance, especially through the world's first cubic boron nitride (cBN) coated products. TuffTek® suite of products' performance enhancement represent a monumental improvement in the cutting tools industry and are due in large part to the new products' cBN and nano-composite patents using bio-inspired and nano-engineered technology for advanced machining of energy, automotive and aerospace components. In addition, the new coatings save valuable and increasingly scarce materials such as carbide and can even significantly reduce the use of oil in industry through dry cutting, saving some of the millions of gallons of oil coolants used in machining."
NanoMech is the only Arkansas company to win The 2014 Tibbetts Award. In the last year, NanoMech has been recognized for winning The Edison Award and the R&D 100 Award as well, making it the only company in Arkansas history to sweep all three Awards.
The Tibbetts Award goes to the highest level of emerging technology companies and organizations in our Country. Previous winners have included Qualcomm, Symantec, iRobot, Genzyme Corporation, Goodrich, Northrup Grumman, the National Cancer Institute, Boeing, and many others. This year, previous winner Intuitive Surgical, Inc., who created the groundbreaking DaVinci Surgical System, a robotic assisted minimally invasive surgery system that has revolutionized the healthcare industry, received special recognition.
About the Tibbetts Awards
The Tibbetts awards are presented annually to those who are beacons of promise and models of excellence in high-technology. Winners are selected based on the economic impact of their technological innovation, and the extent to which that innovation served federal R&D needs, encouraged diverse participation and increased the commercialization of federal research. The Tibbetts Awards are presented to small businesses and individuals judged to exemplify the best in the SBIR program. The award is named for Roland Tibbetts, acknowledged as the father of the Small Business Innovation Research (SBIR) program, and is presented to companies and individuals that promote the mission and goals of the SBIR Program:
- to stimulate technological innovation;
- to use small business to meet federal research and development needs;
- to encourage diverse participation in technological innovation;
- to increase commercialization of Federal research.
About the SBA
Created in 1953, the U.S. Small Business Administration (SBA) helps Americans to start, grow and succeed with their own companies. The Agency's mission is described as the three C's: facilitating access to capital, providing counseling, and ensuring emerging businesses receive a quarter of Federal contract dollars.
NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product development. NanoMech is a pioneer in applying breakthrough innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC. For more information please visit www.NanoMech.com.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Sep. 26, 2016 08:45 PM EDT Reads: 3,364
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Sep. 26, 2016 08:45 PM EDT Reads: 2,138
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Sep. 26, 2016 08:30 PM EDT Reads: 1,586
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Sep. 26, 2016 08:00 PM EDT Reads: 2,871
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Sep. 26, 2016 07:30 PM EDT Reads: 298
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Sep. 26, 2016 05:15 PM EDT Reads: 1,587
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Sep. 26, 2016 05:15 PM EDT Reads: 2,594
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Sep. 26, 2016 05:00 PM EDT Reads: 1,832
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Sep. 26, 2016 05:00 PM EDT Reads: 2,720
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 26, 2016 04:30 PM EDT Reads: 1,619
Digitization is driving a fundamental change in society that is transforming the way businesses work with their customers, their supply chains and their people. Digital transformation leverages DevOps best practices, such as Agile Parallel Development, Continuous Delivery and Agile Operations to capitalize on opportunities and create competitive differentiation in the application economy. However, information security has been notably absent from the DevOps movement. Speed doesn’t have to negat...
Sep. 26, 2016 04:30 PM EDT Reads: 2,113
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Sep. 26, 2016 04:15 PM EDT Reads: 1,031
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
Sep. 26, 2016 04:00 PM EDT Reads: 2,531
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Sep. 26, 2016 03:45 PM EDT Reads: 2,920
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
Sep. 26, 2016 03:30 PM EDT Reads: 1,561