Superconductor Technologies to Present at the 14th European Conference on Applied Superconductivity
27 Agosto 2019 - 7:30AM
Superconductor Technologies Inc. (STI) (Nasdaq: SCON) will present
at the 14th European Conference on Applied Superconductivity
(EUCAS) being held in Glasgow, Scotland.
The Conductus® HTS wire program technical lead, Dr. Jeong Huh,
will present “2G HTS Coated Conductors: Process Control
Improvements at STI” during the Industrial Developments in Coated
Conductors session on Monday, Sept. 2, 2019, at 5:45 p.m. local
time (12:45 p.m. ET) in the Forth Room. Dr. Huh will review recent
developments at STI focused on process control improvements that
allow for commercial manufacturing of Conductus wire for magnet
applications.
“EUCAS offers an exceptional opportunity to build on our
existing relationships with companies that are seeking a reliable
supply of high-performance wire to produce new disruptive devices,”
said Adam Shelton, STI’s VP of Marketing and Product Line
Management. “STI is relentlessly focused on our customers success.
We are excited to work with our customers and industry leaders as
we transition to supplying meaningful production quantities of
Conductus wire for our superconductor magnets customers. We
continue to see demand exceeding supply and look forward to working
with our customers as they look to procure supply for the coming
years.”
About EUCAS EUCAS brings together the
scientists, research and industrial communities from around the
world. The forum provides an ideal platform to share knowledge and
the most recent advances in all areas of applied superconductivity:
from large-scale applications to miniature electronics devices,
with a traditional focus on advanced materials and conductors.
EUCAS is a biannual event aimed at bringing out the most recent
scientific developments in the investigation of superconducting
materials, and at fostering discussion on new potential
applications of superconductivity and on technology transfer to
industry. More information can be found at:
https://www.eucas2019.org/
About Superconductor Technologies Inc.
(STI)Superconductor Technologies Inc. is a global leader
in superconducting innovation. Its Conductus® superconducting wire
platform offers high performance, cost-effective and scalable
superconducting wire. With 100 times the current carrying capacity
of conventional copper and aluminum, superconducting wire offers
zero resistance with extreme high current density. This provides a
significant benefit for electric power transmission and also
enables much smaller or more powerful magnets for motors,
generators, energy storage and medical equipment. Since 1987, STI
has led innovation in HTS materials, developing more than 100
patents as well as proprietary trade secrets and manufacturing
expertise. For more than 20 years STI utilized its unique HTS
manufacturing process for solutions to maximize capacity
utilization and coverage for Tier 1 telecommunications operators.
Headquartered in Austin, TX, Superconductor Technologies Inc.'s
common stock is listed on the NASDAQ Capital Market under the
ticker symbol “SCON.” For more information about STI, please visit
http://www.suptech.com.
Safe Harbor
Statement Statements in this press release
regarding our business that are not historical facts are
"forward-looking statements" that involve risks and
uncertainties. Forward-looking statements are not guarantees
of future performance and are inherently subject to uncertainties
and other factors, which could cause actual results to differ
materially from the forward-looking statements. These factors and
uncertainties include, but are not limited to: our limited cash and
a history of losses; our need to materially grow our revenues from
commercial operations and/or to raise additional capital (which
financing may not be available on acceptable terms or at all) in
the very near future, before cash reserves are depleted (which
reserves are expected to be sufficient into the fourth quarter of
2019), to implement our current business plan and maintain our
viability; the performance and use of our equipment to produce wire
in accordance with our timetable; overcoming technical challenges
in attaining milestones to develop and manufacture commercial
lengths of our HTS wire; the possibility of delays in customer
evaluation and acceptance of our HTS wire; the limited number of
potential customers and customer pressures on the selling prices of
our products; the limited number of suppliers for some of our
components and our HTS wire; there being no significant backlog
from quarter to quarter; our market being characterized by rapidly
advancing technology; the impact of competitive products,
technologies and pricing; manufacturing capacity constraints and
difficulties; the impact of any financing activity on the level of
our stock price; the dilutive impact of any issuances of securities
to raise capital; the steps required to maintain the listing of our
common stock with a U.S. national securities exchange and the
impact on the liquidity and trading price of our common stock if we
fail to maintain such listing; the cost and uncertainty from
compliance with environmental regulations; and local, regional, and
national and international economic conditions and events and the
impact they may have on us and our customers.
Forward-looking statements can be affected by many other
factors, including, those described in the "Business" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" sections of STI's Annual Report on Form 10-K
for the year ended December 31, 2018, and in STI's other public
filings. These documents are available online at STI's website,
www.suptech.com, or through the SEC's website, www.sec.gov.
Forward-looking statements are based on information presently
available to senior management, and STI has not assumed any duty to
update any forward-looking statements.
Investor Relations ContactMoriah Shilton or
Kirsten Chapman LHA +1-415-433-3777 invest@suptech.com
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