WINSTON-NanoTechLabs has received contracts from the Department of Defense for $200,000 to conduct research into emerging thermal fluid and ionic lubricant technology.

NanoTechLabs, which is based in Piedmont Triad Research Park, was awarded $100,000 as part of Small Business Technology Transfer program and another $100,000 through Small Business Initiative Research program.

The company is working with the Department of Chemistry at Wake Forest University on ionic lubricants and is pursuing development of its own thermal fluids research.

“Thermal fluids incorporating nanotechnology hold promise as the high-performance coolants of the future,” Richard Czerw, president of NanoTechLabs, said in a statement. “Iconic lubricants are the ‘green’ lubricants of the future.”

The lubricants use less organic solvents and are designed to cut energy usage which prolonging machine life, the company said. The fluids could be used to cool devices such as computers due to heat conduction and requiring less volume in order to be used, NanoTechLabs added.