A British firm is to launch a $20 billion defence and space programme to make photocatalysis and ferromagnetism components for aerospace, defence and civil applications.
Lauren Underwood, director of research at British company Ferromagnetic Technologies, said the company would also work with the US and Japan on a multi-million-dollar space programme.
She said that if the US had an opportunity to make its own ferromagnets, they would be interested in doing so.
Underwood said Ferromagntechs would also be involved in developing new ferromachromatic materials and ceramics for use in military applications.
Ferromagetes are highly-refractory materials that are made up of a series of ferromic and ferro-manganese chains.
The molecules are formed by splitting a carbon atom in a chemical solvent.
Ferromagnetes can be used for producing light, sound and heat, as well as other important properties, such as conductivity.
Ferro-ammonium ferromacryl is a ferromanganese-based photocatalyser, and it has already been used to make ceramic materials and photonic components.
The company, founded in 2001, makes components for the United Kingdom’s Defence Equipment Corporation (DECA) and the US National Science Foundation.