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The Russian state plans to open a set of hi-tech schools across the country, bringing nano-education to the masses.
Rosnano head Anatoly Chubais and Russian deputy premier Sergey Ivanov have announced the creation of the country’s first company applying nanotechnology commercially.
The company, majority owned by Rosnano, will produce nano-coated carbide tools used in machine building industries particularly for aircraft engines.
Output for the company is expected to reach full capacity in 2014 when 150 thousand units of nano-coated cutting tools will be produced as well as 250 resharpening units. Sales are expected to reach 1.275 billion Roubles. The Yaroslavl government said that the general investment amounted to 1 billion Roubles.