The system works using wireless radio signals being sent from the handle bar to the part which activates the disc brake. No word on how much energy/battery is needed to make it work, but it does work according to pressure – the harder the handle bar is pressed, the harder the pressure is applied to the brakes.
The scientists are still performing tests on the system, and hoping to improve it before it’s released (they’re unhappy with the 250ms it takes to stop the bike travelling at 30km/h). Hopefully we won’t have to wait too long for it to happen.