Applied Sciences is one of the global leaders in the development of nanomaterials. The materials we develop include vapor-grown carbon fibers, carbon nanofibers, conductive thin films, and nanomat. In addition to superior thermal performance, these materials possess various other advantages, including low cost. In 1995, ASI obtained funding for accelerated development of its Pyrograf III carbon fiber under the Department of Commerce's Advanced Technology Program (ATP), which supports "strategic, high-risk research in cutting-edge technology."