Novastar to incubate nanotechnology

from the the-other-name-Acme-Widgets-is-better dept.
They aren't the first, but they are early — here's a story from Yahoo News : Acme Widgets Research & Development, LLC, a Florida-based high-tech incubator, today announced the formation of Novastar Technologies, Inc., a technology commercialization firm, as its wholly owned subsidiary… “Novastar provides a turnkey approach for all services needed to develop, patent, and commercially exploit new technologies with large markets.''… To date Novastar has received private financing and has hired a New York City investment banking firm to pursue additional financing of between $15 to $25 million through a private equity offering. Proceeds from previous funding have been used to acquire emerging technology and its attendant intellectual property protection. A portion of future funds will also be used to construct a state-of-the-art R&D center and a pilot plant for the early stage development of commercially viable new technologies. Novastar focuses on exciting emerging technology markets that include…Nanotechnology

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