Strategic Elements is bringing the future to security access
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Special Report: If it sounds futuristic, that’s because it is: Strategic Elements is making a prototype security access system to test nanocube printable memory ink in conjunction with the University of New South Wales and global printed electronics experts VTT Finland.
Australian Advanced Materials, a fully-owned subsidiary of Strategic Elements (ASX:SOR), is fabricating a transparent security access system to demonstrate the transparent benefits of nanocube printable memory ink.
It is a revolutionary memory technology originally developed by the University of New South Wales. The ink is an advanced nanotechnology material to be printed onto non-silicon transparent or flexible surfaces, such as glass or plastic, to store and retrieve data (memory cells).
The demonstrator is being fabricated in partnership with an Australian electronic engineering firm, incorporating printable memory ink developed along with the CSIRO, UNSW and the VTT group in Finland, and it is expected to be completed before the calendar year is out.
“We have assembled a fantastic team of scientists and electronic engineers who have overcome many development challenges to date. ” Strategic Elements managing director Charles Murphy told Stockhead
“Printed memory is an ambitious goal, but the success so far and size of the potential prize is energizing the whole team”
The Demonstrator will show that the printable nanocube memory will be able to authenticate users directly on a transparent glass surface, instead of requiring silicon.
This would provide critical design freedom, as it means storage could be printed anywhere on a glass surface, and not be constrained by the restrictions of silicon semiconductor chips.
An example of the prototype Strategic Elements is building. Pic: Strategic Elements
Australian Advanced Materials will promote the capability of the nanocube memory ink component to potential partners for integration into commercial transparent prototypes post-completion of the demonstrator. The Company is also a member of PrintoCent, a consortium of large global companies and a select group of international start-ups with the objective to create printed electronics.
Development of the nanocube memory ink for plastic surfaces is being conducted concurrently.
Strategic Elements is registered as a pooled development fund by the Australian Federal Government with a mandate to back Australian innovation. This provides shareholders with beneficial tax treatment.
It operates as a venture builder, where it generates ventures and projects from combining teams of leading scientists or innovators in the technology and resources sectors.
Recently, it has signed deals to make experimental autonomous robotic vehicles with a Fortune 100 software company, work with the Australian Department of Defence and to deploy its software in the mining industry.