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12/21/2004 1:44:50 AM
French govt to raise nanotechnology research spending to 70 mln eur/year

Research Minister Francois D'Aubert said the government will raise its investments in nanotechnology research and development to 70 mln eur per year from 2005-2007, up from 30 mln currently.

Speaking during a visit to the research facilities of the state-owned industry and nuclear group CEA in Grenoble, D'Aubert said nanotechnology research is a national priority.

'A market worth several hundreds of billions of euros could open up for our companies between now and 2010, if we succeed with this effort,' he said.

...more at Yahoo! News

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