Graphene is increasingly being seen as the super-material of the future. Now, thanks to the European Union, Nokia (NYSE: NOK) and the Graphene Flagship Consortium have received $1.35 billion to continue researching this intriguing material. The grant covers the next ten years.
"Nokia is proud to be involved with this project, and we have deep roots in the field -- we first started working with graphene already in 2006," Nokia's CTO Henry Tirri said in a statement. "Since then, we have come to identify multiple areas where this material can be applied in modern computing environments. We've done some very promising work so far, but I believe the greatest innovations have yet to be discovered."
Graphene is extremely attractive to materials scientists, and the applications are seen to be very numerous indeed.
It is 300 times stronger than steel, yet it is the thinnest object ever measured, as well as the lightest. It’s transparent, flexible, and conducts electricity much better than copper. Evidently, this mixture of qualities makes it a highly promising material for future industrial and commercial applications.
Nokia’s goals may well include developing the kind of flexible, transparent concept cell phones it has showed off in the past.