Its scientists will try to puzzle through the capabilities of this revolutionary material

Jan 25, 2013 14:28 GMT  ·  By

Graphene will surely play an important role in the industry, being a good material for everything from super processors to high-capacity storage. The University of Cambridge wants to make sure it does everything to crack its mysteries.

To that end, the educational and research institution has put together plans for building a facility that will “take graphene to the next level.”

With the help of a £12-million ($19 million / 14.09 million Euro) grant, the research center will be built by the end of the year. The work will start next month (February 2013).

Cambridge University has decided to name the new building simply Graphene Center. Flexible electronics, transparent gadgets and new types of networked and energy storage devices, like for electric cars, will come out of it as time goes by.