AUSTIN, Texas, July 23, 2013 (GLOBE NEWSWIRE) -- Superconductor Technologies Inc. (STI) (Nasdaq:SCON), a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies, announced the successful shipment of Conductus ® 2G HTS wire against previously announced purchase orders from three industry leading, multinational industrial companies. These shipments consisted of wire that attained critical current performance between 250 and 400 Amps per centimeter width (A/cm-width) for the various specific customer requests. As previously announced in April 2013, the company's current wire production capacity for the next several months is allocated to ship against existing purchase orders for emerging smart grid applications. These initial shipments are being used for qualification testing in the various customers' product designs for devices such as superconducting fault current limiters and HTS high field magnets used in multiple applications.
Superconductor Technologies Delivers On Conductus(R) 2G HTS Wire Orders
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.