Our Company
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Technology solutions that shape the future are those with the greatest potential to improve the way we live and work—and the greatest potential for commercial success. Large companies rarely conceive these technologies. Rather, they are more often the product of visionary inventors or small companies working intensely, with a strong sense of purpose, dedication and cooperation—people who want to make a difference in the world through their work. Manhattan Scientifics, Inc. (MHTX) advances technologies with potential world-changing impact to the threshold of commercialization by following these principles of purpose, dedication and cooperation. With highly skilled scientific and engineering expertise, resourceful, experienced management, and strategic alliances Manhattan Scientifics is working to bring technology solutions that shape the future into the commercial marketplace today. |
In 1998 Manhattan Scientifics, Inc. (the Company) became a publicly held company to provide capital for MicroFuel Cell™ and holographic data storage research and development. Since then the Company has acquired two more technologies and retains a significant interest in an Internet technology company. Manhattan Scientifics remains diligent in its search for promising, innovative patented technologies and retains a close association with the scientific research community at Los Alamos and Sandia National Laboratories, two of the most prestigious national laboratories in the United States.
Company History
The story of Manhattan Scientifics begins with the holographic research component of the Company. In the late 1980s the Microelectronics & Computer Corporation (MCC), invested approximately $25 million in holographic data storage research.
The research produced no conclusive results. However, Manhattan Scientifics CEO, Marvin Maslow, fascinated by the potential of holographic storage, was reluctant to give up, believing that eventually, its time would come. He decided a more intense and focused research effort, with new expertise, might eventually produce the long-sought results.
Meanwhile, in August 1997 Maslow visited Los Alamos National Laboratory (LANL) to investigate new technologies with commercialization potential. LANL’s Civilian Industrial Technology Program Office, functioning in the capacity of matchmaker, introduced Maslow to Robert Hockaday, a LANL physicist who had taken entrepreneurial leave-of-absence to refine a patented MicroFuel Cell technology he had been developing with his own funds. Maslow recognized that the holographic project might benefit from the expertise of Los Alamos National Laboratory materials science experts, and, combined with the MicroFuel Cell technology, would be a solid foundation for a technology incubator to commercialize leading-edge technologies.
Knowing that fledgling companies can flounder during the standard capitalization process of protracted analysis and negotiations, and that getting a new technology to market quickly is crucial to success, Maslow deployed what he calls a "guerrilla financing" strategy. In a period of approximately four months he formed Manhattan Scientifics, Inc., raised the capital Hockaday estimated he needed to begin intensive development of a working prototype, and took the Company public on January 9, 1998 by means of a reverse merger.
Currently, the Company is developing the following patented and patent pending technologies:
Advanced Materials
Manhattan Scientifics’ researchers and engineers are developing techniques to make a new generation of metals that can be twice as strong as conventional metals. These new “nanostructured” variations of familiar steel, aluminum, copper, and other families of metals will enable significant weight savings in airplanes, automobiles, and virtually any other metal product. Doubling strength means that only one pound of these ultra strong metals is needed do the same job as two pounds of regular metals. MHTX believes this will result in a reduction in the consumption of both materials, energy and the resources used to produce them: a virtuous circle of less consumption. In other words, MHTX is offering a solution to concerns about mounting strain on the globe’s natural resources.
Mid-Range Fuel Cell Technology
Efficient, lightweight, portable power for larger applications such as laptop computers, power tools and mobility devices.
MicroFuel Cell™ Technology
Environmentally safe, AlwaysOn™ portable power for small electronics, such as pagers and cellular phones powered by methanol and water.
Novint / e-Touch™ Technologies
Novint Technologies, Inc. (NVNT) is the pioneer of 3D touch for consumer computing. Novint is developing a new category of products that add high-fidelity
interactive three-dimensional touch to computing, beginning with our introduction of the award-winning Novint Falcon. The Novint Falcon is a first-of-a-kind
game controller that lets you experience realistic 3D touch and force feedback when playing touch-enabled games.
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