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Nanocomp Technologies has received the 2008 Wall Street Journal Technology Innovation Award for materials and base technologies. The company, based in Concord, New Hampshire, USA, received the award for its unique processes for the creation of large sheets of fabric and lengths of yarn using carbon nanotubes. Previously, the market hasn't been able to take full advantage of the special qualities of carbon nanotubes because manufacturers could only produce tubes that were a few microns long, limiting their usefulness.
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