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NuMat Building the Future

NuMat Technologies was recently featured as a company that is redefining our future. The writer noted that during his discussion with Ben Hernandez and Omar Farha, he found that within 30 seconds , he was being pushed to reconfigure his imagination toward a world where we can create a chunk of rare metal from seawater, extract rare gases from air or the ocean, or turn toxic waste into drinking water.

Hernandez and Farha co-founded NuMat from a desire to rethink the scale of manufacturing. Rather than going for a big, expensive engineering solution, they believe the most civilization-threatening challenges we face are actually going to be solved at the smallest possible level.

By using their state of the art, rapid prototyping software, NuMat has been working to create millions upon millions of hypothetical building blocks — that is, chemical structures and molecules and the things that house them — which would otherwise take scientists centuries to discover using old-school techniques.

To access the entire article, that provides more on Numat and use cases, click here.

“The future of manufacturing is building materials with utility at the molecular level,” Hernandez says. He added, “Our accelerated approach to application commercialization significantly reduces the time and costs of solving extremely complex moon-shot challenges, or alternatively, helps us get to ‘no’ faster, which is equally valuable,”

Farha added, “I believe that these materials will revolutionize the world in a good way. Helping us to live in a world which is cleaner and where growth is truly sustainable.”

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Chicago Poised for Growth

Chicago is one of the nation’s leaders for employment in the life sciences industry according to a recent report from CBRE. While many U.S. industries are navigating fundamental disruption, the life-sciences industry – which includes pharmaceuticals, biotechnology and medical-device manufacturing – is on a long-term expansion track. Chicago is primed to benefit from this industry’s growth, as the market has seen strong gains in employment and National Institutes of Health (NIH) funding in recent years.

Noted Scott Brandwein, executive vice president with CBRE in Chicago; “Chicago is well-positioned for future growth in life sciences thanks to its large cluster of pharmaceutical and biotech companies and world-renowned research institutions such as Northwestern, Chicago, Rosalind Franklin, the University of Illinois at Chicago, Fermi and Argonne Labs.”

Chicago has received an employment boost in recent years, especially in its traditional industries of pharmaceuticals and medical manufacturing, which have experienced a sharp uptick since 2013. Jobs in this sector total increased nearly 18,000, exceeding the previous high of approximately 17,500 in 2006. In total, Chicago is the fifth largest market in the nation for employment in this sector. To read the entire CBRE report, click here.

 

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