The past decade has seen explosive growth worldwide in the synthesis and study of a wide range of nanostructured materials, the substance of nanotechnology. An overview of nanoscience and nanotechnology and their relationship to novel functional materials assembled from nanoscale building blocks will be presented within the framework of the U.S. National Nanotechnology Initiative and our Center for the Directed Assembly of Nanostructures at Rensselaer. Several examples from our recent research results will be presented including investigations of multifunctional nanocomposites that could find use in a variety of structural, electrical, and biomedical applications. Future opportunities and challenges in this exciting area will be discussed.

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