Published on the 24 May 2015....

Published on the 24 May 2015.

http://beforeitsnews.com/financial-...emory-technology-with-78b-market-2829082.html

Strategic Elements (ASX:SOR) shares are expected to trade higher after the company has agreed to back a revolutionary memory technology developed by the University of NSW (UNSW).
The technology is aimed at the USD$78 Billion global memory markets, and consists of tiny cube-shaped memory cells with potential to enable massive amounts of data to be stored on smaller, faster memory chips.

The requirement for these new applications are due to a staggering 90% of the data in the world today having been created in just the last two years alone.

The technology is a new type of resistive random access memory (RRAM) using tiny nanocubes made from cerium oxides (rare earth).

This works by applying jolts of voltage to the nanocube memory cells, changing their state between resistive and conductive to create and store digital zeroes and ones (data).

The nanocubes are intended to be stacked like Lego in 3D directly on top of standard silicon wafers, potentially making it highly cost effective to fabricate within existing infrastructure of global players.
Charles Murphy, managing director for Strategic Elements, commented: “There has been an explosion in the amount of data being stored and accessed on smaller and smaller devices.

“It is accepted that current Flash technology can’t keep up. The nanocube technology is absolutely cutting edge and has the potential to revolutionise how data is stored and used.

“It’s being developed to enable more data to be used faster, in much less space at less cost.”

Exclusive Global Licence

Development will be conducted by Australian Advanced Materials (AAM) which is wholly-owned byStrategic Elements.

AAM holds a global licence from UNSW to use, develop and commercially exploit the technology and associated intellectual property rights.

AAM was established a number of years ago by Strategic Elements to commercialise rare earth based technology developed by Australian research groups.

Rigorous Testing of Revolutionary Technology

The nanocube memory cells developed by UNSW are 10,000x smaller than a human hair.

Conceptually two trillion nanocubes could fit on a postage stamp sized area. If one nanocube holds one byte of data, this would equal two terabytes of data.

This is equivalent to over 500,000 songs or 500 hours of High Definition Video being held on a small device.

Significantly, the nanocubes have potential to be stacked in layers multiplying the amount of potential data storage with each additional layer.

Testing has proven that data can be reliably stored in and retrieved from the nanocube memory cells.

Accurately repeating this over 200,000 times in testing also proved exceptional reliability.

Analysis

Strategic Elements has dialled in to the revolutionary memory technology market, which is forecast to grow at a +118% per year disrupting US$7 billion of the US$78 Billion memory market by 2020.
The company has leveraged itself into the market by having an exclusive global licence to the technology developed at the University of New South Wales.

The commercialisation strategy for Strategic Elements includes partnering with large global companies enabling them to incorporate the nanocube memory technology into their devices.
The nanocube technology is specifically being developed to fit within standard manufacturing systems used by device manufacturers.

The prototype being developed will showcase the outstanding properties of the technology and open the door to initial discussions with large global players developing faster, smaller, higher capacity memory products.

Strategic Elements is registered under the Federal Government “Pooled Development Fund” program.
This program is designed to increase investment into Australian Small and Medium companies – with the potential of providing tax incentives to investors in Pooled Development Funds.