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They are getting 12 kbit/s right now, and claim they could get Mbit/s to Gbit/s using very fast light modulators (which themselves are research-lab projects, to my knowledge).[1]

The phrase "ultra-fast" laser is a term of art, which really means "laser with ultra-short pulses". They are using a laser with pretty short, 280 fs, pulses, but only a 200 kHz repetition rate.[2] It evidently takes several pulses to write one bit. Due to the physics of femtosecond lasers, you can't easily increase the rep rate without compromising the pulse length and intensity, which both need to be very good in this application.

The readout "should" be faster than "conventional" methods, but no details are given.[1] I don't see evidence that they have shown even moderate speed readout. It looks like they took micrographs and then inspected the images to determine the values of the bits.

[1] Gizmag article referenced in another comment, http://www.gizmag.com/superman-memory-crystal/28231/?utm_sou...

[2] Authors' original paper, http://www.orc.soton.ac.uk/fileadmin/downloads/5D_Data_Stora...



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