First of all, what is nanotechnology? According to nano.gov, nanotechnology is the application of extremely small things - atoms and molecules- that can be used across all the other science fields, such as chemistry, biology, physics, materials science, and engineering.
Led by engineer Max Shtein and artist Matt Shlian and a group of researchers, they're "looking at new ways of manipulating light or other kinds of electromagnetic energy using folded structures, and how to actually control the mechanics of materials."
The final product has yet to be realized, but they believe the collaborative process itself might be the most significant deliverable of all. Read more over at the University of Michigan.