PCAST: Report to the President and Congress on the Fifth Assessment of the National Nanotechnology Initiative (2014)

Subject Area:
Non-NNI Reports
External Evaluations of the NNI
Author: Executive Office of the President; President's Council of Advisors of Science and Technology (PCAST)
Publication Date: Oct. 10 2014

Description:

The National Nanotechnology Initiative (NNI) is a crosscutting national vision for nanotechnology development in the United States. The Federal effort in nanotechnology coordinates U.S. investment in research and development (R&D) in nanoscale science, engineering, technology, and related activities across the U.S. Government. In FY2014, even though five agencies garnered 93 percent of the Federal spending in nanotechnology R&D, 27 agency units from 20 top‐level Federal entities participated in nanotechnology activities. The 21st Century Nanotechnology Research and Development Act of 2003 calls for a National Nanotechnology Advisory Panel to review the NNI periodically. Designated in 2004 to be that panel, the President’s Council of Advisors on Science and Technology (PCAST) has reviewed the NNI five times, and this report is the third of this Administration’s PCAST.  


Nanotechnology Fact

Yes, nanotechnology is enabling more and more products every day, from engine catalysts to cancer medicines to stain-proof pants, and everything in between. Revenue from the sale of nanotechnology-enabled products in the United States has grown more than six-fold from 2009 through 2016 and is projected to exceed $500 billion in 2016.

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