NanoMech receives 5th Edison Awards honor

by Talk Business & Politics staff ( 243 views 

Springdale-based nanotechnology company NanoMech Industries has been named a 2019 award winner by Edison Awards — a program that was inspired by Thomas Edison’s persistence and inventiveness and recognizes the top in innovation, creativity and ingenuity in the global economy. The honor is one of five Edison Awards the company has received, and no other Arkansas-based company achieved this, according to a news release.

“It’s exciting to see companies like NanoMech continuing Thomas Edison’s legacy of challenging conventional thinking,” said Frank Bonafilia, executive director for Edison Awards.

The award recognized NanoMech’s motor oil additive AtomOil Engine Oil Treatment, which is used to improve performance, efficiency and sustainability of cars, trucks, motorcycles and boats, said James Phillips, chairman and CEO of NanoMech. It targets wear and friction in engines at the nano-scale level.

“The nano-engineered AtomOil dials-in and delivers multiple targeted functions and wear within an engine better than any existing technology on the market,” Phillips said. “With AtomOil Engine Conditioning Treatment, it no longer matters what motor oil you buy for any vehicle, truck, motorcycle or boat. Just add in AtomOil and immediately experience top performance, efficiency and sustainability.”

The motor oil additive uses patented nanoscale components in macromolecular arrangement, and each component has distinct functionality and is selected based on nearly decades of secret research and development of macro, micro and nanoscale behaviors allowing for anti-friction, anti-wear and anti-corrosion functions unlike anything on the market, said Arpana Verma, chief science officer. “This Rubik cube architectural combination offers NanoMech the capability to manufacture AtomOil at scale with perfect quality control and repeatability by assembling organic and inorganic materials in advanced form and function, unleashing the next generation of molecules and materials to show phenomena that are beyond existing boundaries in performance, efficiency and sustainability.”

“In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess,” said Deborah Wince-Smith, CEO of the Council on Competitiveness and a NanoMech board member. “The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech and nGlide are the leading edge of a resurgent U.S. manufacturing capability — one that is not dumb, dirty, dangerous and disappearing but is smart, safe, sustainable and surging.”