Financial News
Graphene: Super Funds For Super-Material

Investment funds totalling £21.5m are going to some of Britain's top universities to develop commercial uses for the "super-material" graphene.
Manchester University academics Andre Geim and Konstantin Novoselov won the 2010 Nobel Prize in Physics for demonstrating the remarkable properties of the material.
Graphene is a kind of two-dimensional carbon which is one of the thinnest, lightest, strongest and most conductive materials known to man.
Graphene atoms are arranged in a regular hexagonal pattern similar to graphite, but in a sheet one-atom thick.
A sheet measuring one metre square weighs only .77 milligrams.
The aim is to see the material put to use in a wide array of industrial and everyday applications.
Graphene could deliver potentially lucrative technological breakthroughs in areas ranging from electronics to energy generation and telecommunications.
The Engineering & Physical Sciences Research Council has identified the most promising graphene-related research projects in British universities to benefit from state funding.
The University of Cambridge has been awarded more than £12m for research into graphene flexible electronics and opto-electronics, which could include things like touch-screens and other display devices.
London's Imperial College will receive over £4.5m to investigate aerospace applications of graphene, working with a number of industrial partners including Airbus.
The other successful projects are based at Durham University, the University of Manchester, the University of Exeter and Royal Holloway.
The universities will be working with industrial partners including Nokia, BAE Systems, Procter & Gamble, Qinetiq, Rolls-Royce, Dyson, Sharp and Philips Research. They will together bring a further £12m to the table.
News of the funding was announced by Chancellor George Osborne, who said: "The Government moved quickly and decisively to make sure this Nobel Prize-winning technology invented here in the UK was also developed here.
"It's exactly what our commitment to science and a proactive industrial strategy is all about - and we've beaten off strong global competition.
"Now I am glad to announce investment that will help take it from the British laboratory to the British factory floor."
what do you think?

chrishearn350
They have now found a material thats thinner than Government support for british industry and innovation !

herewegoagain10
Yes and just how long will it be before we flog this for to the Americans for next to nothing?

gypsy56
herewegoagain - no we'll only lend them the patent and then buy everything they make from it rather than taking taxpayers money out of the pockets of the politicians!

Windows Live User
Bees could use it for storing honey !

happymike CHESTER
Another invention that no British worker will be employed to produce all our tax money to develop going to overseas companies to profit from giving the Tory Party a donation to keep them happy.








Chris King
7:27am on 27/12/2012
Think ill take a photo of this story. The government actually investing in something that has potential.
Vladtheinhaler .
12:44pm on 27/12/2012
When you read this a couple of times , it becomes unclear just who is fun ding the project. Private investment of 12 million..... is that on top of 21 mill from government, or is that included. I doubt if this government will actually hand over any cash, unless they squeeze it from the disabled, or other people in need.The wording these people use implies the government are investing the whole amount, i very much doubt it.
Vladtheinhaler .
12:46pm on 27/12/2012
And why is" f u n d i n g" , another safe word rejected by the ridiculous Orange auto censor, hence my poor use of the word.
blue side
4:21pm on 27/12/2012
Lets get this straight IF they are f u n d i n g it will be the first government to do such a thing in years but then after finding uses they will probably give it away to India or the US like every other thing we have developed
bjnk
11:06pm on 28/12/2012
The Chinese will love this,they will make billions from our invention once we've perfected it.