Aleksey Yekimov
Awarded the Nobel Prize in Chemistry 2023 together with Prof. Louis Brus of Columbia University and Prof. Moungi Bawendi of MIT, for the discovery of the Quantum Dot.
Chief Scientific Officer of Nanocrystal Technology for 19 years until his retirement. Currently, Scientific Advisor to the Company.
THE COMPANY
Our Company is located in Tarrytown, NY. We are acutely focused on creating breakthrough applications of nanotechnology products such as Permanent Magnets which do not use any of the “rare earths” (principally neodymium and samarium) mostly mined in China. Nanotechnology is based on the control of matter in dimensions between 5 and 100 nm where surprising phenomena never observed before by scientists enable novel applications.
One of the early pioneers in this field was Aleksey Yekimov who was celebrated for his work in Russia, and later served as Chief Scientific Officer of NanoCrystal Technology (NCT) and its wholly owned subsidiary, NanoCrystal Magnetics, Inc. (NCM), for nearly 19 years until his retirement.
Quantum dots, which have very small nano dimensions, change in color depending on their size despite having identical chemical composition. This phenomenon was one of the earliest demonstrations of nanotechnology at work. When announcing the Nobel Prize, the Royal Swedish Academy of Sciences stated, “Quantum Dots illuminate computer monitors and television screens based on OLED technology. They add nuance to the light of some LED lamps, and biochemists and doctors use them to map biological tissues. … [W]e have just started exploiting the potential of these tiny particles.”
Our discoveries go beyond the technology involved in light emitting quantum dots. By inducing magnetic properties in quantum dots of certain materials, we have created a product which is critical for both the industrial and military supply chain of America and many other countries as well ... a $28 Billion market today, and projected to be a $80 Billion market 10 years from now.
Ramesh Bhargava (left), Aleksey Yekimov (center) and Adosh Mehta (right), key scientists at the Tarrytown laboratory of NanoCrystal Magnetics, Inc.