Did all of that government-funded BBC-lead research actually result in a driver that remains superior (in the aspects that were/are deemed important by it's intended users) to anything that has followed?
IIRC the Radial material is plastic (polyprop I think) loaded with glass or acrylic beads.
RADIAL is an injection-molded composite of a polymer with hollow glass microspheres embedded in it. The RADIAL patent explains that the key is to treat the surface of the microspheres so that they bond to the polymer. If this is done properly, the result is a light-weight but stiff material with optimum loss. Theoretically, it performs well as an absorber of unwanted excess acoustic energy while not suppressing minute sonic information.