While we were relaxing on the farm over Xmas (Ilkley, on the edge of the Yorkshire Dales seen above on Boxing day is where the ancestral home stands) Qinetiqs lawyers were busily getting clearance for a $2 billion IPO.
Before anyone gets too excited about a new nanotech stock with a market cap of over a pocket full of change we should point out that Qinetiq Nanomaterials occupies a very small part of Qinteiq’s Farnborough site, and contributes and even tinier share to the groups overall revenue.
Despite this, we are seeing more, better and more sensible applications of nanotechnologies (space elevators indeed!), and expect this trend to continue this year. In the meantime can I wish everyone a happy, healthy and prosperous 2006, and urge you to remember that the stock symbol for FEI is actually FEIC (you know who you are!)