Bhubaneswar: Researchers from the Indian Institute of Technology (IIT) Bhubaneswar, in collaboration with Virginia Commonwealth University, USA, have theoretically predicted a new two-dimensional material exhibiting i-wave altermagnetism. The finding could open new possibilities for developing faster, more compact and energy-efficient electronic devices, with potential applications in high-density memory, spin-based transistors, terahertz communication and future quantum technologies, the IIT said in a statement. The study, led by Manish Kumar Mohanta, faculty at the Department of Physics, IIT Bhubaneswar, has been published in Nano Letters, a leading international journal in nanoscience and nanotechnology, it said. This highly complex magnetic state could enable precise control over electron spins and provide a promising platform for developing ultrafast, low-power electronic technologies. With the growing demand for faster computing systems that consume less energy, the discovery provides a new direction for designing future electronic devices with improved speed, efficiency and reliability.