Buckypaper: Strong, Light and Flexible
So named because it is made of nanotubes of Buckminsterfullerene (a.k.a. buckyballs or carbon 60), buckypaper could be used to create flexible video displays (e-paper at last?), lightning-proof exteriors for airplanes and other structures, armor that's invisible to radar, and electronics that are smaller and more rugged than anything currently in existence.
Buckypaper has displayed such potential that the FSU project, led by recognized nanomaterials expert Ben Wang, has received two military grants totalling $3.7 million.