Welcome!

News Feed Item

NanoMech Welcomes Prince Saud bin Khalid Al-Faisal to Arkansas

It is not every day that a Saudi Arabian Prince requests to visit a business in Northwest Arkansas, but that is just what happened recently when Prince Saud bin Khalid Al-Faisal piloted his own plane in to visit NanoMech. Prince Saud is the Deputy Governor for Investment Affairs, Saudi Arabian General Investment Authority (SAGIA) and President, National Competitiveness Center (NCC). He is responsible for enhancing the competitiveness of Saudi Arabia and is utilizing his Eisenhower Fellowship to investigate new approaches to sustainable economic growth, diversification, and exploring innovations to increase his country’s business potential.

Jim Phillips, Prince Saud K. Al-Faisal and Arkansas Governor Mike Beebe (Photo: Business Wire)

Jim Phillips, Prince Saud K. Al-Faisal and Arkansas Governor Mike Beebe (Photo: Business Wire)

NanoMech is recognized as a leader in innovation and technology. Their breakthroughs in nano-materials and manufacturing include the first cubic boron nitride coating for machine tools and advanced nano-engineered lubricants. The company’s products have applications in very advanced machining and manufacturing, lubrication and energy, sustainable protective multi-functional coatings for textiles and other consumer products, strategic military applications and biomedical implant coatings. In the last year, NanoMech has been presented with the prestigious R&D 100 Award, the Edison Award and most recently, the Tibbetts Award, making it the only company in Arkansas’ history to sweep all three awards.

“This has certainly been an excellent year for NanoMech,” Chairman and CEO Jim Phillips said. “The company continues to gain momentum and it is the innovators who will help drive results, efficiencies and progress.” Phillips also noted, “Our groundbreaking products dramatically improve performance, durability and sustainability, while significantly decreasing costs to manufacture.”

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 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 is at the leading edge of a resurgent U.S. manufacturing capability rich with innovation. Prince Saud is also a Director of the Global Federation of Competitiveness Councils which is keenly interested in innovation, especially nanotechnology.”

The Prince toured NanoMech’s factory, laboratories and world headquarters in Springdale and met with Mr. Phillips and Dr. Ajay Malshe, NanoMech’s CTO and Founder, to discuss opportunities involving NanoMech's revolutionary enhanced fossil fuel technology. A trip has been planned for Mr. Phillips and Dr. Malshe to visit key R&D facilities in Saudi Arabia.

Prince Saud also visited the Institute of Nanoscience and Engineering at the University of Arkansas. “The Institute of Nanoscience and Engineering is a major regional asset to The Region as nano engineering companies can utilize the vast array of scientific apparatuses and electron microscopes to help advance their technology and industry breakthrough products that increase America’s global manufacturing competitiveness,” Phillips said. NanoMech rents the Institute’s scanning electron microscope for surface morphology, cross-sectional analysis and elemental analysis. It uses the Institute’s transmission electron microscope for grain/crystal size analysis and elemental analysis, and its X-ray diffraction allows the firm to determine crystal structures/orientation for estimating crystalline.

As part of the visit to NanoMech, Prince Saud was provided a special tour of Crystal Bridges Museum of American Art by Chairman and Founder Alice Walton. While on the museum tour, Prince Saud had the opportunity to also meet Walmart CEO Doug McMillon and members of the Crystal Bridges Board of Directors.

Prince Saud then visited with Governor Beebe and Phillips at the Capitol to talk about the economic impact companies like NanoMech have on the State’s economy and how the innovations that are developed as a direct result of the work they are doing position the State as a leader in groundbreaking technology and international commerce. Governor Beebe had an engaging discussion with Prince Saud on the history of Saudi Arabia, its government, culture and business models.

About Eisenhower Fellowships

Eisenhower Fellowships exists to inspire leaders around the world to challenge themselves, to think beyond their current scope, to engage others, including outside of their current networks, and to leverage their own talents to better the world around them. The central operational responsibility is to find people who can envisage, as Dwight Eisenhower did, a more prosperous, just and peaceful world, and have the passion to pursue specific activities with real impact to achieve those goals.

About NanoMech

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.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for storing and processing big data. Data piling is a continuous process, which is going to explode with emerging Internet of Things concept. Answer to this issue developers found in new concept called fog computing. ...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will discuss the vast to...
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...