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July 31, 2014
06:47 EDTSCONSuperconductor Technologies updates superconducting wire production
Superconductor Technologies provided an update on the status of its Conductus superconducting wire manufacturing assembly process. The machines required for the first two steps of the Conductus process are operational. The third and final machine, the 1 km Reactive Co-evaporation system, now is expected to be operational late in Q3. When the machine is fully operational in 2015, STI expects this machine to produce an initial capacity of 750 km of Conductus wire per year.
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September 30, 2014
06:32 EDTSCONSuperconductor Technologies to sell its minority position in Resonant for $3.5M
Superconductor Technologies (SCON) has agreed to sell its minority position of 700,000 shares of common stock in Resonant (RESN) to various buyers for an aggregate of $3,564,400 in a private transaction. The buyers include the founders and employees of Resonant who have collectively offered to purchase 49,500 shares. The closing of the transactions are subject to customary and other conditions.
September 17, 2014
06:32 EDTSCONSuperconductor Technologies partners with Robinson Research Institute
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