LawrenceTrutter writes "The Space.com story, Microscopic Nanotubes Could Make Ships Lightweight, Superstrong , discusses the predictions made by NASA's Nanotube team. Several applications of the nanotubes mentioned in the article include composite, nanoelectronics, biomedical applications, energy storage, and thermal materials.
Dr. Richard Smalley of Rice University is also quoted in this article. There is also a brief report on Richard Smalley's team progress."