The document summarizes a research project led by Perena Gouma to commercialize nanocatalysts for water remediation. The nanocatalysts can efficiently decompose hydrocarbons and are intended to be used for oil decomposition and environmental cleanup. Potential customers include water remediation companies, coastal guards, shipping industries, and government environmental agencies. The project aims to validate the intellectual property, conduct pilot studies, establish partnerships for manufacturing and distribution, and generate revenue through direct sales, leasing, licensing, or partner channels. Market estimates suggest the total environmental nanotechnology market was $6.1 billion in 2010 and projections put the target remediation market over $8 billion.