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Superconductor Technologies Announces Pricing of $5 Million At-The-Market Registered Direct Offering
2015-03-20 19:42:19| Electronics - Topix.net
Superconductor Technologies, Inc. announced that it entered into a definitive securities purchase agreement with certain investors providing for the issuance of 3,062,790 shares of common stock at a purchase price per share of $1.6325, and five and a half year warrants to purchase up to 1,531,395 shares of common stock at an exercise price of $1.6325. The closing of the sale of the securities is expected to take place on or about March 25, 2015, subject to satisfaction of customary closing conditions.
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direct
million
technologies
Superconductor Technologies drastically cuts workforce
2015-03-12 20:55:27| Electronics - Topix.net
The Austin-based company, which reported employing 45 workers at the end of 2014, trimmed 15 employees from its roster in February, according to a Thursday filing with the U.S. Securities and Exchange Commission . "In February 2015, we undertook steps to reduce our ongoing operating costs and reduced our number of employees to 30," Superconductor Technologies reported in the filing.
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cuts
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drastically
American Superconductor beats the Street
2015-02-05 18:26:40| Electronics - Topix.net
For the three-month period ending Dec. 31, American Superconductor reported a net loss of $6.4 million, or 7 cents per share. Those results were better than analysts' forecasts, which called for a loss of 12 cents per share on revenues of $19.7 million.
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superconductor
Worlds Longest Superconductor Cable Yields First New Technological Knowledge
2014-11-14 16:48:00| Transmission & Distribution World
Essen, Germanys superconductor has now been live for 4,300 hours. read more
Tags: knowledge
cable
worlds
technological
The first metamaterial superconductor: One step closer to futuristic physics-defying contraptions
2014-08-22 17:59:44| Extremetech
In the realms of electronics, magnetism, and quantum mechanics, superconductivity has an almost mythical status. Some materials, when cooled to a critical temperature, electrical resistance instantly drops to zero and magnetic fields are completely ejected. Superconducting magnets are already used in MRI machines and particle accelerators like CERN's LHC, and are being considered for advanced maglev trains. Zero electrical resistance means that a current can flow around a superconducting coil indefinitely (at least 100,000 years) without any applied voltage -- a feature that could completely revolutionize power distribution, power storage, electric motors, computers, and more.
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closer
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superconductor