The European Union has decided to invest one billion Euros to research graphene, a revolutionary material.
https://en.wikipedia.org/wiki/Graphene
Graphene gets €1bn boost as EU ploughs funds into research
Summary: Researchers will be looking at how the one-atom thick graphene can be harnessed for ICT, sensors and transport.
The European Commission has awarded €1bn to researchers to find ways to exploit graphene, a strong, one-atom thick material that holds promise as a replacement for silicon.
The funding, which will be distributed over 10 years, will go to the Graphene Flagship, led by Professor Jari Kinaret, from Sweden's Chalmers University in Gothenburg. The research will "investigate and exploit" the key properties of graphene that make it a potential replacement, and in the nearer term a material that can be integrated with silicon.
Excitement about graphene stems from properties that make attractive in the field of industrial applications. Graphene is the thinnest "two-dimensional" material, an excellent electricity conductor, stronger than steel, harder than diamond and has ideal optical properties.
Applications for the material include electronic and optical devices, flexible electronics, wearable electronics and batteries.
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