The Holy Grail is coming soon, or so I hope. Look for it in the next few years.
It's a nano-coating that makes any material / object highly water resistant, in most cases waterproof. It's a plasma gas process that is applied to the final product, not the raw base materials. It was developed for the British Military and now has a commercial division. Also works on electronics like phones, radios, cameras etc. Think of the applications for the touring cyclist.
- Rain gear that is truly breathable. Waterproof Cool Max, or better yet a thin mesh fabric.
- Ultralight single wall tents made just of the No-see-um fabric.
- Any electronics right on the handlebars with no fear of rain.
They are a privately owned company, so no opportunities to invest. (I already asked, I have no affiliation with them)
What else could you use it on?