LANL nanotech greens company's business plan

Manhattan Scientifics (MHTX) announced Tuesday that it was marketing NanoTitanium, the company’s proprietary nanostructured metal. The material came out of a post-cold-war collaboration between atomic weapons scientists at Los Alamos National Laboratory and Russian counterparts.

On July 2, Manahattan Scientifics held a press conference in Albuquerque where company officials were joined by a delegation of state political figures to announce the acquisition of Metallicum.

In a press release on the occasion, Manhattan Scientifics CEO Manny Tsoupanarias said, “With the acquisition of Metallicum, Manhattan Scientifics is re-inventing itself as a ‘green company.’

NanoTitanium is one of several nanostructured metals produced by a technology that originated in Russia and then was improved upon at LANL, laboratory spokesperson Kevin Roark said Tuesday.

Manhattan Scientifics proposes to use the lightweight, and “super strong” NanoTitanium in the medical device and prosthetics industries, as well as for manufacturing lighter fleets of transport vehicles, including automobiles, railroad cars and airplanes.

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