You can kiss your SD and Compact Flash cards goodbye in a few years, with a new memory card format on the way.

Being developed with RAW images and video in mind, camera manufacturers Nikon and Sony, as well as memory-maker SanDisk, are proposing a new type of storage that could reach ridiculously high speeds at 500 megabytes per second and incredible capacity at over 2 terabytes.

While it has yet to be named, the new memory format is said to be a similar size to current Compact Flash cards with similar physical strength, making it less likely to break in transit.