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
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect at GE, and Ibrahim Gokcen, who leads GE's advanced IoT analytics, focused on the Internet of Things / Industrial Internet and how to make it operational for business end-users. Learn about the challenges posed by machine and sensor data and how to marry it with enterprise data. They also discussed the tips and tricks to provide the Industrial Internet as an end-user consumable service using Big Data Analytics and Industrial C...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
With privacy often voiced as the primary concern when using cloud based services, SyncriBox was designed to ensure that the software remains completely under the customer's control. Having both the source and destination files remain under the user?s control, there are no privacy or security issues. Since files are synchronized using Syncrify Server, no third party ever sees these files.
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
"We are an integrator of carrier ethernet and bandwidth to get people to connect to the cloud, to the SaaS providers, and the IaaS providers all on ethernet," explained Paul Mako, CEO & CTO of Massive Networks, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
I believe that this may finally be the year that the CIO role ‘crosses the Rubicon,' leaving behind its traditional, IT-focused orientation. But I don't believe that either of the previous predictions of this outcome — fading into oblivion or rising to a business executive level — is correct. Instead, I think this is the year that we will see the role of the CIO transformed into something altogether different.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.