Superconductor Technologies, Inc. (NASDAQ:SCON) Ships New Wires To Nine Customers

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Superconductor Technologies, Inc. (NASDAQ:SCON) reported earlier in the week that its flag ship high temperature tolerant superconducting wires which are patented under the name of Conductus (R) has started seeing mass production with nine new customers having taken delivery of these wires. The customers of whom six are net new will put the newly introduced wires to various evaluator tests in a production set up. In lab tests these Conductus (R) wire have demonstrated a high degree of accommodation towards very high temperatures, even while the speed of connectivity and conduction of current through the wires did not alter due to the extremes.

Five Net New Customers

Of the 9 customers, 4 have progressed to the second state of testing of these wires, while the reminder five have been exposing the wires to their first stage of testing. The wires which are being tested include the 10mm and the 4 mm width type. These are being tested for their ability to hold on to their properties even while conducting high voltage currents of up to 450 amps per centimetre. Ordinary wires tend to melt when such high voltage power is passed through them. As part of the evaluation, these wires are being tested for their efficiency in applications like “fault current limiters and high power conducting cables”.

Technology Demonstrator

Superconductor Technologies, Inc. (NASDAQ:SCON) Vice president for marketing and product line management Adam Shelton gave more insights into the ongoing efforts by the firm to gain more traction in this niche segment by stating that, “Over the past three months, our pilot production RCE-CDR equipment has produced wire that achieved very high critical current performance. We are especially encouraged that our fully loaded RCE-CDR pilot equipment produced Conductus wire with over 90% of the output performing at an average of 350A/cm. This production milestone clearly demonstrates, on a pilot level, the effectiveness of STI’s proprietary RCE-CDR process.”

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