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Superconductor Technologies Inc. Meets Customer Current Carrying Performance Requirements Of 2G HTS Wire For Superconducting Applications In High Magnetic Field

Stock quotes in this article: SCON

SANTA BARBARA, Calif., Feb. 16, 2011 (GLOBE NEWSWIRE) -- Superconductor Technologies Inc. (Nasdaq:SCON) ("STI"), a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies, gained an important customer acceptance for a second generation (2G) HTS wire sample. STI's wire sample met this customer's requirements for current carrying performance at the desired temperature and magnetic field strengths necessary for superconducting 2G HTS wire applications for large rotating machines.

Adam Shelton, STI's Vice President, Product Management and Marketing, said, "This customer validation is a significant milestone towards our goal of obtaining market acceptance for our 2G HTS wire. Our efforts remain focused on large, emerging addressable markets including superconducting rotating machines, which are enabled by the availability of high-performance, economical 2G HTS wire. Our HTS materials development team worked extremely hard over the past year to meet this customer's challenging wire specifications. Demonstrating our superior current carrying performance in high magnetic field is an important achievement on STI's road to commercial success with 2G HTS wire."

"STI and Los Alamos National Laboratory (LANL) Reactive Co-Evaporation (RCE) technology is both technologically innovative and potentially commercially enabling for new HTS machines," stated a potential 2G HTS wire customer for superconducting machines applications. "STI has shown superior current carrying performance at 65 Kelvin (K) and high magnetic fields, utilizing its newly developed HTS [wire] manufacturing processes. The progress LANL and STI have shown to date suggest even further improvements in the future."

STI's strategic 2G HTS wire program utilizes its specialized HTS material deposition processes and volume manufacturing expertise to produce energy efficient, cost-effective, and high performance HTS wire for next generation power applications and other attractive new markets. STI believes that large superconducting rotating machine applications, such as 5+ megawatt (MW) wind turbines, represent a huge market opportunity for 2G HTS wire. 

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