Superconductor Technologies Announces Sublicense of Thallium High-Temperature Superconductor Material
Superconductor Technologies Inc., a leading commercial supplier of high-temperature superconductor (HTS) products, has sublicensed its Thallium (TBCCO) superconductor material rights to Superconducting Core Technologies (SCT) of Golden, Colorado. This sublicense is the second of what Superconductor Technologies believes will be a growing number of agreements providing revenue streams through royalty payments. Under the agreement, SCT gains nonexclusive worldwide rights to make, use, and sell products based on thallium high-temperature superconductors (HTS), while Superconductor Technologies receives an initial cash payment and royalties on SCT's thallium-based products.
Key Takeaways:
- Superconductor Technologies sublicensed its Thallium (TBCCO) superconductor material rights to Superconducting Core Technologies (SCT) of Golden, Colorado.
- The sublicense is the second of what Superconductor Technologies expects to be a growing number of agreements providing revenue through royalty payments.
- SCT gains nonexclusive worldwide rights to make, use, and sell products based on thallium high-temperature superconductors (HTS).
- Superconductor Technologies receives an initial cash payment and royalties on SCT's thallium-based products.
- Similar sublicenses are being negotiated with several additional companies, including DuPont.
- The thallium HTS patents were originally awarded to the University of Arkansas in 1990 and 1991.
- Superconductor Technologies is a leading commercial supplier of high-temperature superconductor (HTS) and cryoelectronic products for various markets.
- SCT is an international leader in systems development, uniquely positioned to meet the demands of the telecommunications industry.
- Thin-film superconductors are preferred for their application diversity, manufacturability, and integrated systems cost.
Statistics:
- The sublicense is expected to generate revenue streams through royalty payments.
- SCT gains nonexclusive worldwide rights to make, use, and sell products based on thallium high-temperature superconductors (HTS).
- Superconductor Technologies has already sublicensed the thallium compound to DuPont.
- The thallium HTS patents were awarded to the University of Arkansas in 1990 and 1991.
- Superconductor Technologies is a leading commercial supplier of high-temperature superconductor (HTS) and cryoelectronic products for the 1993 market.
Sources:
- "Superconductor Technologies Inc." (1994) BUSINESS WIRE.
- BUSINESS WIRE -- Nov. 9, 1994