IR Sensors and imagers using nanostructure based materials are being developed for a variety of Defense and Commercial Applications. In this paper, we will discuss recent modeling effort and the experimental work under way for development of next generation CNT and Graphene based bolometer for these applications. We will discuss detector concepts that will provide next generation high performance, high frame rate, and uncooled nano-bolometer for MWIR and LWIR bands. We will discuss the path forward to demonstrate enhanced IR sensitivity for bolometer arrays.