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"NIST" redirects here. For other uses, see NIST (disambiguation). Institute of Standards and Technology (NIST) Agency overview Formed March 3, 1901 ; 117 years ago  ( March 3, 1901 ) (as National Bureau of Standards), became NIST in 1988 Headquarters Gaithersburg, Maryland, U.S. 39°07′59″N 77°13′25″W  /  39.13306°N 77.22361°W  / 39.13306; -77.22361 Employees 2900 Annual budget $1.2 billion (2018) [1] Agency executive Walter Copan, Under Secretary of Commerce for Standards and Technology and Director of NIST Parent agency Department of Commerce Website nist.gov The National Institute of Standards and Technology ( NIST ) is a physical sciences laboratory, and a non-regulatory agency of the United States Department of Commerce. Its mission is to promote innovation and industrial competitiveness. NIST's activities are organized into laboratory programs that include nanoscale science and technology, engineering, information t

Harry Eugene Stanley Born March 28, 1941  ( 1941-03-28 ) (age  77) Oklahoma City, Oklahoma Residence USA Citizenship USA Alma mater Wesleyan University Harvard University Known for Econophysics Statistical physics Complex networks Awards 2004 Boltzmann Medal 2008 Julius Edgar Lilienfeld Prize Teresiana Medal Distinguished Teaching Scholar Director's Award Nicholson Medal Memory Ride Award for Alzheimer Research Massachusetts Professor of the Year 2003 APS Nicholson Medal for Humanitarian Service Scientific career Fields Statistical physics Institutions Boston University MIT University of California, Berkeley Harvard University Doctoral students Albert-László Barabási Sharon Glotzer Judith Herzfeld Sidney Redner Harry Eugene Stanley (born March 28, 1941) is an American physicist and University Professor at Boston University. He has made seminal contributions to statistical physics and is one of the pioneers of interdisciplin