Access Optical Networks (AON) from New Jersey is reportedly working on a one-terabyte holographic data storage cube that measures only one centimeter. They claim that the storage system has the ability to transfer data ‘at blazing speeds.

Holographic storage systems are not really a new technology, but they have quite high costs and their advantages are not that convincing. However, according to Laser Focus World AON’s project might be a turning point in this technology. The data storage cube developed by AON has data transfer speeds of 1240 megabytes per second. Though it is currently priced at under $1.00 per gygabyte and now consider that a terabyte consists of 1000 gygabytes. As a comparison, standard one-terabyte external hard drives, that are bigger and a little bulkier, are priced at about $110 to $150.

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