Molecular Electronics Corporation

From: John Clark (jonkc@worldnet.att.net)
Date: Thu Mar 23 2000 - 07:55:35 MST


Breakthroughs in the lab are all well and good but the world will never change,
at least not rapidly, until business gets interested. Today there's evidence that's
happening. Yesterday I heard Robin now thinks a singularity may happen after
all and today the lead article in the business section of the New York Times is
an article about a new start up called the Molecular Electronics Corporation.
The head of the company is Mark Reed, the chairman of the electrical engineering
department at Yale and the author of the report in Science last year about the
creation of the first reversible electronic molecular switch.
I'll just quote the first paragraph of today's paper:

 " Racing ahead of the most optimistic projections, a team of American computer
   researchers and chemists have quietly formed a company trying to open a new
   era of digital electronics by creating immensely powerful computing circuits based
   on trillions of individual building blocks, each no larger than a single molecule."

The company is rather secretive but according to the NYT it has "substantial" funding
from private investors and plans to have a prototype of its first product, probably
an ultra high density memory device, in 18 to 24 months. They may have competition,
last month another company, California Molecular, received 6 million in financing.

    John K Clark jonkc@att.net



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