NanoWatt receives $150,000 U.S. grant
NanoWatt Design, a Fayetteville-based technology company, has won a $150,000 Small Business Innovation Research grant from the National Science Foundation.
The money from the phase one grant will be used to continue to develop NanoWatt’s Sleep Convention Logic, which reduces the power requirements for microprocessors while meeting requirements for speed, the company said in a release Wednesday. NanoWatt is teaming with a defense aerospace company as part of the project and will demonstrate the new technology on one of the company’s advanced, multicore processors.
NanoWatt is a VIC Technology Venture Development portfolio company.
- John Magsam
New website centers on Branson corridor
A new website was unveiled this week to gather comments on a plan to revitalize Missouri 76, which snakes through Branson.
The website, www.bransonspiritof76.com, allows users to comment on the redevelopment project. It was part of a presentation Tuesday to update citizens and business owners on the plan dubbed the New Spirit of 76.
The revitalization targets five miles of the highway starting just east of U.S. 65. It’s expected to cost as much as $80 million to transform the roadway over four to six years.
The redesign includes plans for promenades, lighting, street scaping, gathering points and removing utility poles and lines.
The project’s goal is to create a corridor that will help retail and entertainment venues along the roadway, promote more private investment, and efficiently move travelers to their destinations.
- John Magsam
State index climbs; truckers stocks up
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, rose 2.76 to 285,38 Wednesday, closing at its third all-time high of the week.
“U.S. stocks rose on Wednesday after an improvement in home builder sentiment helped offset lower-than-expected industrial production figures,” said John Blackwell, senior vice president and managing director of equity trading at Stephens Inc. in Little Rock. “The Arkansas Index moved higher as 12 stocks advanced, three declined and one remained unchanged.”
Arkansas Best was up 2.2. percent in heavy trading; J.B. Hunt Transport Services gained 2 percent in below-average volume; and USA Truck lost 1 percent in light trading.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 27 on 05/16/2013