The European Commission has chosen the Graphene Flagship Consortium, a collection of industry and academic partners (also includes Nokia) for the Future Emerging Technologies (FET) program. In this FET program the consortium will receive 1 billion euros over the next 10 years for development and use of supermaterial Graphene.

As an FET funded project, the Graphene Flagship Consortium will aim to get Graphene and other layered materials into industry and product development, where Nokia is leading the flag for the electronics corner, as well as the mobile one, with realistic dreams of improving the industry. The consortium will take the form of a joint, coordinated research initiative, bringing together 126 academic and industrial research groups from 17 European countries. Aims for the initiative include producing faster electronic and optical devices, flexible, lightweight electronics, and new batteries — technologies that could find their way into epaper, bendable computers and more efficient aeroplanes.

So what is this Graphene??

Measuring only one atom thick, graphene is classed as a 2D structure with super-useful properties. While thin, it’s also the strongest material ever tested, having a breaking strength 300 times greater than steel. Oh, and it’s also the lightest and best intrinsic conductor, too.

[Source 1,2 ]