After years of development, products incorporating revolutionary carbon nanotubes seem poised to hit the commercial market. Yesterday, Motorola
This is huge, huge news.
According to a company press release, Motorola's research indicates that a 40-inch panel would cost $400. Imagine a 40-inch, high-definition television that cost $400. Every dad would be getting one for Father's Day. The technology also uses very little energy to maintain the display. Apply it to cell phones, digital cameras, laptop computers, or handheld gaming devices, and we could soon be entertaining ourselves for weeks on end without plugging in and at a fraction of the cost. At home, carbon nanotube-based products could help lower our electric bills.
Plasma and LCD televisions have been a success for companies such as Sony
Another nano-product primed to hit the market is the NDMX golf ball, manufactured by closely held NanoDynamics. Duffers expecting to pay top dollar for these bad boys will be pleasantly surprised to learn that the company expects them to sell for $40 to $70 per dozen -- competitive with the price for top-end golf balls sold by Nike
Next-generation nanotechnology is starting to find its way to consumers, and this trickle should soon become a flow. Nanotechnology will help make products across industries better, more efficient, and more cost-effective. One more thing's for sure: The rise of nanotech will leave newfound millionaires in its wake -- ordinary investors who were either lucky or savvy enough to buy the right stocks. Prefer to gun for that savvy end? Our own Motley Fool Rule Breakers newsletter team has been tracking carbon nanotubes like a hawk, and will be bubbling up good ideas for investing in this world-changing technology throughout its history-making transition from the lab to the commercial world.
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Tim Hanson is blown away by the potential of nanotechnology on (and off) the golf course. He has no financial interest in any of the companies mentioned in this article.