New York invests in nanotech start-up

By Jessica Bloustein

Watervliet, NY – New York State has just become one of the biggest investors in a new nanotechnology company in the Capital Region. State Comptroller Alan Hevesi announced a $2 million investment through the state's common retirement fund Tuesday for Applied Nanoworks, whose patented technologies are the first of their kind in the world.

Capital District Bureau Chief Jessica Bloustein reports.