Nanotechnology: The big game in the Pac-12

The University of Utah's move to the Pac-12 promises exciting times ahead from an athletic perspective. Although less publicized, joining the ranks of some of the world's most prestigious research universities ushers in even more exciting times for Utah's economy.

One area of research, in particular, stands out as an unparalleled opportunity. Perhaps the largest impact for the U. may take place on a much, much smaller playing field in the realm of nanotechnology research and development.

Slice a meter-long object a billion times and you have the unit of measurement called the nano. Nanotechnology deals with the manipulation of particles at the atomic and molecular level. This science is affecting everything from medicine and energy to computing and telecommunications. It promises to make the likes of drugs, solar panels, chip manufacturing and wireless components faster, cheaper and more efficient. For example, fiber optic lasers are being studied at the U. to heat up extremely small gold nanorods inside cancer cells. This process consequently burns the cancer cells from the inside out.

Through the leadership of USTAR — the Utah Science Technology and Research initiative — the University of Utah is quickly becoming a national leader in the commercialization of nanotechnology research. The upcoming completion of a major new building on the Utah campus will further position the university for success in the sciences.

The commercialization of nanotechnology research is a high-growth economic opportunity. The global market for goods based on nanotechnology looks to expand from roughly $150 billion in 2007 to over $3 trillion in 2015. According to the independent firm Lux Research, the Project on Emerging Nanotechnologies (PEN), reports that as of 2010, more than 1,200 companies, universities, government laboratories and other organizations across the U.S. are now involved in nanotechnology research, development and commercialization. This number is up 50 percent from the 800 organizations PEN identified in 2007.

The U. is one of 130 colleges and universities on the PEN map. Thanks to its currently operating Nanofab research lab located in the Merrill Engineering Building, the U. has long been in the nano game. The imminent opening of a new USTAR center on the U.'s campus — the James L. Sorenson Molecular Biotechnology building — will enable the university to rise higher in the nationwide ranking in nanotechnology.