Composite Nanocoatings

The startup developed ultra low friction surfaces that are cost-effective and durable. They tested these surfaces with Rolls Royce and faced challenges in achieving durability for high-speed conditions. The surfaces have potential applications in marine and medical industries. In the medical field, they could reduce friction in catheters, offering a cheaper alternative to Teflon. This discovery revealed a $900 million market opportunity. The team developed a prototype with comparable performance to Teflon at a lower cost, ready to present to customers.

What is the main advantage of the ultra low friction surfaces developed by the startup?

• Low cost and high durability

• High cost and low durability

• Low friction and high cost

• High friction and low cost

Which company showed interest in using the coating for marine vehicles?

• Rolls Royce

• Northrop Grummond

• Medtronic

• Endotronics

What potential application did the startup consider after attending a nanotech conference?

• Improving jet engine efficiency

• Reducing drag on marine vehicles

• Enhancing adhesion in coatings

• Reducing friction in medical catheters

What was the significant cost-related issue with Teflon liners in catheters?

• They are 50% of the cost

• They have excellent adhesion

• They are 25% of the cost

• They are easy to sterilize

What market size did the startup discover for their coating in the medical device industry?

• $500 million

• $2 billion

• $900 million

• $1.2 billion