TEHRAN – A sum of 45 billion rials (around $160,000) has been paid to support 256 nanotechnology companies over the past Iranian calendar year (March 2021-March 2022).

Some 1,498 support services worth 45 billion rials (around $160,000) have been provided to 256 companies holding a nanoscale certificate.

These services were provided to companies active in the nanotechnology field in four general categories of "international market development", "business management", " production and development" and "domestic market development".

Nanotechnology improvement

One of the industries that have experienced good growth in Iran in recent years, proving the country’s scientific development, is the nanotechnology industry, a subject area that has brought Iran to the world’s fourth place.

Currently, nanotech products are produced and marketed in more than 15 industrial fields based on domestic technologies and are being exported to 49 countries from five continents.

Over the past year (ended March 20), the total sale of Iranian nanoproducts has been equal to 115 trillion rials (nearly $425 million).

Services were provided for "international market development", "business management", " production and development" and "domestic market development".

The expansion of nanotechnology export programs in recent years and the establishment of bases for exporting nanoproducts to China, India, Indonesia, Syria, Turkey, and Iraq have provided the opportunity for the entry of Iranian nanotechnology goods, equipment, and services into global markets.

Some 42 percent of the products in this field are related to construction, more than 17 percent to the field of oil, gas, and petrochemicals, 13 percent to the field of automobiles, and over 10 percent to the field of optoelectronics.

Some 270 companies are active in the nanotechnology field and it is predicted that their revenue will reach up to 80 trillion rials (nearly $310 million), Vice President for Science and Technology, Sourena Sattari, announced.

Iran’s ranking in nanotechnology articles citation in 2019 has significantly improved compared to 2018, as it moved 26 levels higher, according to StatNano’s statistics collected from the WoS database.

Based on a report Nanotechnology Publications report, Iran ranked 38 worldwide for the average number of times the nano-articles have been cited in the Journal Citation Reports in 2019, while in 2018, it was placed 64.

It also ranked 4th for the highest number of nano-article publications.

FB/MG