Manufacturing Industry
SuperPower, Sumitomo in Collaboration.
High Tech Ceramics News, January, 2003
SuperPower, Inc., a division of Intermagnetics General Corp. (Latham, NY), has announced at a shareholders meeting on November 12, 2002, that a definitive agreement has been signed with Sumitomo Electric Industries, Ltd. (SEI) outlining the terms of a collaboration covering a previously announced high-temperature superconducting (HTS) cable project in the Albany, New York, power grid. The company also reported it exceeded its calendar year 2002 performance milestone toward its long-term goal of achieving commercial-level manufacturing of second-generation HTS wire.
"This is a groundbreaking partnership on the cable project, with a global leader in HTS cable technology," says Philip J. Pellegrino, Intermagnetics' sector president-Energy Technology, adding that...
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