Rusnano: Nanotechnology’s Tomorrow Today

Rusnano is a Russian joint-stock company formed by the Russian government to commercialize the developments in nanotechnology. In the Russian government’s timetable, Rusnano should be able to create 900 billion rubles ($29 billion) worth of marketable products by the end of 2015.

In April 2012, Rusnano placed $79 million worth of investment in Quantenna Communications, a semiconductors manufacturer for wireless devices. In a press release, Rusnano reported that the investment leverages the synergies between the portfolio of Quantenna and the quantity of nanotechnology initiatives that are on-going in Rusnano.

In June 2007, some members of the United Russia party have proposed the creation of Russian Corporation of Nanotechnologies. The proposal was enacted into a law on July 6. The company was re-registered as an open joint-stock company on March 11, 2011 and consequently renamed it as Rusnano.

Rusnano is wholly owned by the Russian government. Its funds are supplied by the Russian although the Russian government has recently issued guaranteed bonds to generate funds for Rusnano.