SCIENTIFIC RESEARCH…seasonal Q1 decline…orders down 3%
Worldwide Nanotech funding exceeded $2B in 2002 (up significantly from $100M in 1999)…supporting hundreds of multi disciplinary Nanotech Centers in North America, Japan, Europe and China (collaboration of government, academic and industry researchers)
President Bush’s 2003 National Nanotechnology Initiative will fund $780M of nanotech research by numerous federal agencies
Nanotech centers pursuing combined research in biology (life sciences), material science, pharmaceutical and Information Technology…require enabling atomic and molecular imaging tools (AFM)
Veeco’s high resolution Atomic Force Microscopes (AFM) and new Scanning Probe Microscopes (SPM) have become the “industry standards” for atomic imaging and molecular measurements