03 October 2011 Osborne pledges £50million for graphene research Osborne pledges £50million for graphene research Chancellor George Osborne has pledged an investment of £50million into researching graphene, the thinnest and strongest material known to science Speaking at the Conservative Party Conference 2011, Osborne said the money would be used to conduct further research and commercialise the material. Graphene was discovered in 2004 by Dr Kostya Novoselov and Professor Andre Geim, from the University of Manchester. In 2010, as a result of their work on graphene, the researchers were awarded the Nobel Prize for Physics. Osborne also pledged £145m to support high performance computing and the associated e-infrastructure. According to the Chancellor, this will help make Britain a 'world leader in supercomputing'. A commitment of £150m was also made to build extra mobile phone masts, increasing the UK's coverage from 95% to 99%. Author Chris Shaw Comment on this article Websites http://www.newelectronics.co.uk/electronics-videos/graphene-and-the-carbon-revolution/29635/ Companies Manchester University This material is protected by MA Business copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.