One GRAM of this material cost 130 million Euros

Oxford University Laboratory produced the most expensive material on the planet, which costs more than 130 million Euros per gram.

"Designer Carbon Material" produced a so-called endohedral fullerene or cages which consist of carbon atoms, containing the nitrogen atom. This material is used for the production of small and portable atomic clocks, the most accurate clocks in the world, and the GPS navigation system, which can have an error of only a few millimeters.

"Imagine a miniature atomic clock that you can carry in your phone. This is a revolution in all segments of the industry, "said Dr. Kyriakos Porfirakis, scientist and expert in the field of nanomaterials, who worked on the production of this element since 2001.

This material constitutes a cage of 60 carbon atoms, within which is a nitrogen atom. The first sale of this revolutionary product is only recently played.

Now, atomic clocks occupy space rooms of medium size, but with the help of this new technology will become so compact, that fit into one tiny chip. Current GPS systems are not reliable enough for cars, because they have a percentage of error up to two meters, while those made of endohedral fullerene are wrong in the range of only a few millimeters.

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