Furukawa Electric acquires SuperPower Inc., U.S. manufacturer of second generation high temperature superconducting wire

Furukawa Electric acquired one of the only two companies in the world with the capability for commercial production of 2G HTS wire today. Furukawa Electric plans to expand both its and SuperPower’s business aggressively in the markets of the globally-expanding smart grid sector, alternative energy sector and industrial sector by providing superconducting wire as well …

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