July 19, 2002 — AMR Technologies Inc., a Toronto producer of rare earth, zirconium and magnetic industrial products, announced it has signed three agreements with Singaporean government and academic institutions to fund nanotechnology efforts.
The deals, totaling approximately $1.2 million, consist of $210,000 in in-kind contributions from AMR, in addition to $1 million over three years from Nanyang Technological University, the Singapore Agency for Science, Technology and Research and the Singapore Economic Development Board.
The funding is intended to accelerate R&D efforts at AMR’s facilities to create new generations of nanosized special purpose materials for use in the electronic, chemical and automotive catalyst sectors.