You just can't keep Buckminster Fuller down. Although he obviously wasn't personally involved in it's development (Fuller died in 1983), the latest development in high-density, high-speed non-volatile memory uses Buckytubes to store a bit of data.

According to this article in The Economist, Nantero is developing what it refers to as NRAM.

The technique uses the properties of the carbon Buckytubes to store information by drawing the them between two silicon wafers in one state, and retracting them in another. This process takes less than .5 nanoseconds, which is considerably faster than the 10 nanoseconds required by today's fastest RAM chips.

Even more interesting is the company's claim that they will be able to quickly move into production (by the end of the year), because they are using simple, time-trusted techniques to grow the wafers.

In the future, they are expecting the capacity of the chips to reach one terabit per square centimeter.