Lockheed Martin Nabs Nantero Unit

The government business unit of Nantero—a Woburn, MA-based startup developing a carbon-nanotube-based form of computer memory it calls NRAM—has been acquired by Lockheed Martin Corporation (NYSE: [[ticker:LMT]]) for an undisclosed sum. Under the terms of the deal, some 30 Nantero employees will join Lockheed Martin, as will Brent Segal, the startup’s co-founder and Chief Operating Officer. Neil profiled Nantero back in March.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.