mPhase Technologies, Inc. (OTCBB: XDSL) announced Tuesday that it is the recipient of a $750,000, two-year grant for continued development of a “smart” lithium nanobattery that will provide backup power to a specific, critical computer memory application.

Altair Nanotechnologies Inc. (Nasdaq: ALTI) provides novel ceramic nanomaterials applicable to a diverse line of fields, including alternative energy, life sciences and performance materials markets. The company today announced the completion of the 500th full-depth cycle of a unique lithium titanate battery designed and developed for the U.S.

In the last several decades, the world has been introduced to several basic technology advances. These advances were the very minimum advances needed to spawn entirely new markets. They were also based on fairly simple premises; premises that had been locked away waiting to be found, understood and utilized.