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Superstrong materials for electric spaceplanes instead of space elevators
They are trying to scale them up for mass production. If they succeed in mass producing tons of this material then what has been impossible become possible engineering. Superstrong materials were the key part of molecular nanotechnology speculation.
Carbon nanotube bundles could replace diamondoid in previous molecular nanotechnology speculation.
The engineering that is possible with higher power densities is changing from Chevy Volt power density to jet engine and nearly jet fuel power density. It is also changing the material to nearly diamond levels of strength to weight ratio.