HoloMem and TechRe awarded Innovate UK Smart Grant

The grant for the project is for £550k, and will fund further development of HoloDrive, a future fit cold data storage technology that uses infinitely readable holograms to store data at ultra high density with zero energy.

HoloMem is collaborating with data centre consultants, TechRe, to finalise and validate HoloDrive as a commercially prepared data storage device, ready for rapid mass-manufacture.

Charlie Gale, founder and CEO of HoloMem, said: “Current data storage technology is simply not sufficient to meet the needs of current and future global data creation; a category shift is needed. Our holographic cold data storage technology will cause huge reductions in energy usage, while allowing data to be stored at ultra-high density, with infinite readability. Our HoloDrive solution has been designed to integrate with legacy systems with minimal hardware or software disruption, and this grant from Innovate UK will help us finalise and fully validate this game-changing technology.”