Per Popular Science, University of Technology Sydney has come up with a new material: graphene paper. Thin and flexible (like paper), it’s lighter and stronger than steel. And the cherry on top—it doesn’t break the bank.

Not only are they looking into how this paper can be used in planes and cars for fuel savings, but imagine how many other industries might want to take a look. Prophylactics, protective gear/clothing, space travel…

On the downside, your dog can’t eat your homework anymore.