Strategic Elements Ltd (ASX:SOR) and the University of New South Wales have successfully coated memory cells from a patent pending ‘memory ink’ onto flexible plastic, which was bent and then rotated over 2000 times.
The company is currently in discussions with potential development partners although to date no agreements have been entered into.
Charles Murphy, managing director for Strategic, commented: "The team at UNSW has consistently achieved increasingly more advanced technology every time they focus on different aspects of the ink for use in printed, and now flexible electronics.
"These prototypes highlight a memory technology that is extremely robust across different materials from glass to plastic."
The technology is owned 100% by an investee of Strategic, however it has recently extended a research and development agreement for work to continue at UNSW laboratories.
The research team and the company are currently reviewing additional printed electronics technology for potential development.
Printed electronics is where chemical, printing, materials and electronic companies have collaborated to create what is already a multi-billion dollar industry.
However it is recognised that a memory technology that enables more complex devices is still lacking.
The additional flexibility potential of the technology is a significant breakthrough in development and opens up even larger opportunities for the company.
Importance of the technology
Australian memory ink technology has enabled cheap plastic to remember data even after being wrapped around a motorised wheel and rotated with speeds up to 1000 rpm.
Revealing strong potential for use in flexible electronic devices from consumer electronics to healthcare, the flexible plastic prototype reliably stored and retrieved data for all 5000 test cycles after the combined mechanical stresses of bending and rotation.
Although estimates vary as to the eventual market for flexible electronics products, the range for potential annual revenues by the early 2020s is pegged by informed observers at $75 billion to $190 billion.
As memory is the key component of all electronics, a memory technology that is printable, transparent, reliable and flexible has the potential to play a significant role in a rapidly growing industry.
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