This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lockheed Martin And Nanyang Technological University To Collaborate On Nanotechnology

SINGAPORE, Feb. 19, 2013 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Singapore's Nanyang Technological University (NTU) today announced a memorandum of understanding (MOU) to explore the science of nanotechnology, with special focus on nanocopper and related technologies for the commercial market.

Lockheed Martin and NTU will set up a joint research laboratory at NTU's Yunnan campus. The lab will allow NTU students and faculty to work directly with Lockheed Martin scientists on developing the nanocopper CuantumFuse™ technology platform, which can be used for a variety of high-tech applications.

Nanocopper is the main ingredient in a revolutionary electrical interconnect material, or solder. Known as the CuantumFuse™ solder, this material is expected to produce joints with up to 10 times the electrical and thermal conductivity compared to tin-based materials currently in use.

The collaboration was inked today by Professor Freddy Boey, NTU Provost and Dr. Kenneth Washington, Vice President of Lockheed Martin Space Systems Advanced Technology Center.

"This collaboration is a good example of how NTU can connect to global industrial partners to collectively develop innovative solutions to many global challenges faced today," said Professor Boey. "We hope that in the near future, scientists from both institutions will continue to explore other research topics of joint interest in areas such as satellite technology, interactive media and perhaps even deep sea mining."

The NTU-Lockheed Martin Joint Laboratory will have an initial fund of $10 million over the next four years, and will employ up to eight scientists working on collaborative research projects. It will provide a platform to allow the exchange of researchers and knowledge between the two institutions, as well as to produce various prototypes and to host prototype demonstrations.

"The collaboration we are beginning today is an enormous step forward in moving our revolutionary CuantumFuse™ technology out of the laboratory and into the marketplace. We look forward to working with our colleagues at NTU to identify specific commercial target markets and applications for both Lockheed Martin and NTU's intellectual property," said Dr. Washington. "There's so much we can learn from each other, this collaboration is hopefully just the beginning of a long and fruitful relationship between Lockheed Martin and the University."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs