SuperPower licenses Oak Ridge technology

Schenectady-based SuperPower inked a deal Wednesday to license the use of technology it codeveloped
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Schenectady-based SuperPower inked a deal Wednesday to license the use of technology it codeveloped with Oak Ridge National Laboratory, which company officials said should help speed the commercialization of SuperPower’s superconducting wires.

SuperPower Marketing Manager Traute Lehner said the agreement enables SuperPower to use patented intellectual property that simplifies buffer layers in its superconducting wires in exchange for royalties as the product is commercialized. Lehner said the technology SuperPower is licensing from Oak Ridge has enabled much faster production of superconducting wires, which allow for greater energy efficiency than standard cooper electricity transmission lines.

“This will hopefully allow us to reduce the cost of the wire. Reducing the cost is extremely important for us. We have to get to the point where the price of our product is comparable to the price of copper,” Lehner said.

Since Oak Ridge is an arm of the U.S. Dept. of Energy, the licensing agreement promises to repay federal taxpayers for the government’s investment in the technology, Lehner said.

SuperPower is a subsidiary of Royal Philips Electronics, based in the Netherlands, and employs about 64 people at its 450 Duane Ave. plant.

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