This would seem to be encouraging news from May 23 2009, The Kiplinger Letter:

Excerpt:

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FEDERAL SPENDING:

Gaining prominence in Washington: Science research...even basic
science, which doesn't yield quick economic payoff. It's cheering news
for business, which struggled against President Bush distaste for a
large federal research role.

Congress will approve spending billions more on basic and applied
sciences in 2010 and beyond. Later this year, lawmakers will dole out
about $135 billion in fiscal 2010 to more than two dozen federal
agencies, labs and other facilities working on everything from
antiviral drugs to batteries to water reclamation. That's 18% more
than this year and 27% more than Uncle Sam forked over in 2008. Plus
it doesn't include more than $1 billion allocated for science research
in 2010 in the stimulus package.

Particularly promising areas worth noting:

More funds for high risk, high return research at private
companies...usually small ones...on projects that might otherwise not
get done at all. Among them: Nanotechnology for improving energy
storage. Software for weather forecasting. Deep-sea-mineral detection.
Superlightweight ceramic and composite materials.

Awards for medical innovations, such as alternative treatments for
cancer and other early stage biomedical work that lacks the data for
the big federal grants.

And more cooperative energy research with university and private firms.

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Perhaps MPI or Ultraconductors will be able to secure a tiny slice of the pie.

Regards
Steven Vincent Johnson
www.OrionWorks.com
www.zazzle.com/orionworks

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