IBM & Bulgarian Government in partnership in Nanoscience

28 May '09

4 min read

Due to be completed next year, the Bulgarian Nanotechnology Center will occupy nearly 500 square meters of laboratory space and will support researchers and engineers working in close collaboration with Bulgarian universities.

“According to Lux Research, nanotechnology will impact $2.9 trillion worth of products across the value chain by 2014," said Alex Rakov, Country General Manager, IBM Bulgaria. “I am extremely proud that IBM will help Bulgaria to be at the forefront of this trend and further support its efforts to become a knowledge based economy."

Nanotechnology is the field of applied science focused on the reliable and repeatable design and control of the structure of very small objects. The length scales range from the atomic to the macroscopic -- generally, from one to 100 nanometers. A nanometer is one-billionth of a meter -- roughly 100,000 times thinner than a human hair. Nanotechnology is expected to spark advances in various fields.

These include advanced functional materials, nanoelectronics, information and communication technology, sensing, tools, healthcare and life sciences, and energy technology. Nanotech applications in the energy sector for example which ensure more efficient use of solar energy, or new ways of purifying or desalinating water, may even help tackle some of the biggest challenges of our time.

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