SCON DD summary - AMSC new competitor
Placement done, milestones to come.
With recent placement at 1.05 for 4 million they are about ready to start installing their new state of art production facililty
- New low cost technology for Superconducting Wire
- Product samples meeting industry criteria and validated !
- Took possesion of new 90.000 acre state of art facility in January 2012
"The company will set up in a 94,000-square-foot Class A semiconductor manufacturing facility previously occupied by Applied Materials Inc"
Here an overview of their plans.
Note the wire cost with is lot less than some of their competitors allready in the market such as AMSC Wire cost projections
Full update in pdf here: http://www.suptech.com/pdf_presentations/2012invpresentation.pdf
Production partner likely there due to supply restraints in the sector.
Recent and more outlook there than there was before, worth the read: http://www.statesman.com/business/technology/vacant-clean-rooms-find-new-life-in-superconducting-2039934.html
A) Superconductor Technologies Inc. Takes Possession of Advanced Manufacturing Center of Excellence in Austin, TX http://finance.yahoo.com/news/Superconductor-Technologies-pz-3998953240.html?x=0
B) Superconductor Technologies Inc. Completes Testing of Conductus(R) 2G HTS Wire with General Cable Superconductor Ltd. for HTS Roebel Cable Applications
Successfully meeting critical current and power handling objectives http://finance.yahoo.com/news/Superconductor-Technologies-pz-2107429496.html?x=0
C)Superconductor Technologies Inc. Commits Supply of Conductus(R) 2G HTS Wire to Leading Provider of High Power Transmission Cables Demonstration project scheduled to be completed by end of 2012 http://finance.yahoo.com/news/Superconductor-Technologies-pz-1237715445.html?x=0