Media and news 2005

Quantum Design introduces new high temperature superconductor based product for physical property measurements
24 March 2005

Electromagnetic coils supplied by HTS-110, Ltd. utilizing American Superconductor Corp.’s HTS wire at heart of new measurement system

San Diego, Calif. – March 16, 2005 – Quantum Design, a premiere developer of measurement devices and sensors for the scientific community, HTS-110 Ltd., a manufacturer of superconductor magnet systems and components, and American Superconductor Corporation (NASDAQ:AMSC), the world’s principal vendor of high temperature superconductor (HTS) wire, today jointly announced the introduction of a new product for measuring the fundamental physical properties of materials. The new instrument incorporates an electromagnetic coil built with HTS wire in order to increase its versatility and lower its operating costs relative to similar systems that utilize copper or low temperature superconductor wire.

Quantum Design’s family of Physical Property Measurement Systems (PPMS®) enables scientists and technicians to automate the characterization of materials, including their thermal, magnetic and electrical properties, which are fundamental to the understanding and development of advanced materials.

The HTS electromagnet utilized in Quantum Design’s new instrument – the PPMS N2itroLab – generates a magnetic field of 1 Tesla (T), which is about 20,000 times stronger than the earth’s magnetic field. Liquid nitrogen – cheaper than bottled water – is employed as the coolant for the electromagnet.

The PPMS N2itroLab will be introduced at the American Physical Society Meeting in Los Angeles, CA on March 21 – 25, 2005. Quantum Design expects its first sales of the new product to occur within the next nine months. It will be one of the first commercial products in the world to utilize HTS wire, which loses all resistance to the flow of electricity when cooled with liquid nitrogen and which can conduct more than 140 times the electrical current of copper wires of the same dimensions.

“ The high power density and high electrical efficiency of AMSC’s HTS wires makes it ideal for creating a new addition to our popular line of physical property measurement systems,” said Ron Sager, chairman and CEO of Quantum Design. “Because this new instrument utilizes liquid nitrogen – cheap and readily available everywhere – operating costs will be significantly reduced. We believe it will be attractive for scientists and educators around the world who need basic materials characterization capability, but whose budgets might not support liquid helium.”

HTS-110 Ltd., located in New Zealand, manufactures the HTS electromagnets for the PPMS N2itroLab. It develops, manufactures and sells electromagnets and components “Powered by AMSC™” for systems that can benefit from greater compactness and higher electrical efficiency. AMSC is a part owner of HTS-110.

“We are delighted to have built the electromagnetic coil for Quantum Design’s new physical property measurement system,” said Geoff Todd, CEO of HTS-110. “We believe this is one of many new commercial products that will utilize HTS wire in the near future, and we believe we are strongly positioned to be a leading supplier of HTS magnets and components for this new, growing industry.”

AMSC, based in Massachusetts, is the world’s principal vendor of HTS wire. Greg Yurek, Chairman and CEO of AMSC commented that he expects Quantum Design’s new PPMS N2itroLab to be one of many new products that will emerge now that the performance of HTS wire has achieved commercial levels and it is available in commercial quantities. “Quantum Design is at the leading edge of a revolution in instruments and other electrical systems that are going to take advantage of the high electrical efficiency and power density of HTS wire,” he said. “We are delighted to be working with Quantum Design and HTS-110 to make the PPMS N2itroLab one of the first of a new breed of HTS-based products available on the market.”

About Quantum Design

Quantum Design manufactures products that have become the industry standard for researchers in the fields of physics, materials science and chemistry. Privately held with a strong domestic and international customer base, the company offers three major product lines: the Magnetic Property Measurement System (MPMS®), the Physical Property Measurement System (PPMS®), and a complete line of rf and dc SQUID sensors and electronics. The firm was established in 1982 and is based in San Diego. More information is available at www.qdusa.com.

About HTS-110 Ltd.
HTS-110 Ltd manufactures a range of HTS 1-5 Tesla magnets and components such as current leads and coils. The company was established in April 2004 based on 17 years of high temperature superconductor research in Industrial Research Limited. The company presently has clients in Asia, North America and Australia. For more information, please see www.hts-110.com.

About American Superconductor
AMSC is the world’s principal vendor of high temperature superconductor (HTS) wire and large rotating superconductor machinery, and it is a world- leading supplier of dynamic reactive power grid stabilization products. AMSC’s HTS wire and power electronic converters are at the core of a broad range of new electricity transmission and distribution, transportation, medical and industrial processing applications, including dynamic reactive power grid stabilization solutions, large ship propulsion motors and generators, smart, controllable, superconductor power cables and advanced defense systems. The Company’s products are supported by hundreds of patents and licenses covering technologies fundamental to Revolutionizing the Way the World Uses Electricity™. More information is available at http://www.amsuper.com.

Media Contacts

Media

Dan Polancic
Quantum Design

+1 858-481-4400
dan.polancic@qdusa.com

Jack Jackson
AMSC/On-Message Public Relations
+1 781-444-1020
jack@on-message.com
Kathryn Healy
HTS-110
+64-4931-3029
k.healy@hts-110.com
Investors
Kevin Bisson
American Superconductor
+1 508-621-4220
investor@amsuper.com

 

 

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