INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Japan puts world’s most accurate clock on sale for $3.3 million

The optical lattice clock 'Aether clock OC 020' is unveiled at Shimadzu Keihanna Research Center in Seika Town, Kyoto Prefecture. (AFP)
  • Shimadzu is aiming to sell 10 of its clocks over the next three years and hopes its customers will use them to advance scientific research.
  • Known as a "strontium optical lattice clock", it is 100 times more accurate than caesium atomic clocks, the current standard for defining seconds.

Tokyo, Japan — Resembling a squat, wide fridge, the world’s most accurate clock went on sale for $3.3 million in Japan on Wednesday.

The “Aether clock OC 020” is so precise that it would take 10 billion years for it to deviate by one second, according to its Kyoto-based manufacturer Shimadzu Corp.

Known as a “strontium optical lattice clock”, it is 100 times more accurate than caesium atomic clocks, the current standard for defining seconds, the precision-equipment producer said in a statement.

The machine, a box around a meter (three feet) tall, is small for its kind with a volume of around 250 liters. It can also be used in research fieldwork.

Shimadzu is aiming to sell 10 of its clocks over the next three years and hopes its customers will use them to advance scientific research in areas such as the observation of tectonic activity.

Optical lattice clocks have previously been installed in Tokyo’s famous Skytree to test the general theory of relativity, which states that “time flows more slowly in places with strong gravity”.