
Speed vs. Size
As a concept it sounds interesting but, as the author points out, implementing it on current hardware would result in a device that's too big.
In space size always trumps speed. Until a chip manufacturer steps up to the plate with a new 28nm hardened chip design, it will remain just a concept. It will be years to design, build, and test the chip, more years to develop the physical device, and more years to design satellites to use it.
Still, I wish them well and offer the boffins a pint.