Epoch Wires Completes Tests to Mass Produce World's Most Affordable Superconductor Wire
October 7, 2015
CAMBRIDGE, United Kingdom, Oct. 7, 2015 /PRNewswire-iReach/ -- Epoch Wires Ltd., Cambridge, UK, announced today that it has successfully completed tests to confirm the superconductivity properties of its Magnesium Diboride (MgB2) wire produced through its high-capacity manufacturing line at uninterrupted (infinite) lengths. The test results confirm the market readiness of the high-speed manufacturing facility. The wires will be on the market as early as spring 2016.
MgB2 wires have been known to be the cheapest superconducting wires along with NbTi wires in the market but without the requirement of using liquid helium bath for cooling. This difference makes MgB2 wires highly desirable because liquid helium is very expensive and environmentally troublesome.
Until today, the mass production of MgB2 wires posed serious challenges, which was the major handicap for its use in the market. The significance of the Epoch Wires' proprietary and patent pending technology is that the high volume demand of these wires in MRI, Wind Turbines, and Power transmission markets can now be met. For example, a typical MRI machine requires 10-20 km long wires, and the entire MRI market may require as long as 1 million km long wire per year for making new machines. The high-capacity manufacturing facility of Epoch Wires is now in a position to supply a significant portion of this demand.
"MRI machines using MgB2 will no longer be an environmental threat due to excessive helium cooling required in today's MRI machines," said Dr. Serdar Atamert, the CEO of Epoch Wires, Ltd. He added "being able to manufacture MgB2 wires in huge quantities in a short time was what the industry has been waiting for decades, and we are proud to have overcome this obstacle."
Prof. Bartek A, Glowacki, director of Epoch Wires and Professor at the University of Cambridge, said "Our tests show that we can manufacture MgB2 wires to serve markets beyond MRI, such as Wind Turbines and Power Transmission with the added benefit of being an integral part of the hydrogen economy which is considered to be the next revolution in the energy sector."
About Epoch Wires, Inc.
Epoch Wires, Inc., is an early-stage company specializing in manufacturing superconducting wires using environmentally friendly, abundant, and cheap materials, namely Magnesium Diboride (MgB2). The company's patent pending technology offers high capacity production of infinitely long wire at the lowest market price of all superconducting wires. The company's vision is to bring superconductivity to the masses with countless benefits in energy transmission, energy storage, power generation, fusion reactors, accelerators, magnetic resonance imaging (MRI), magnetic levitation, and space applications. More information can be found at www.EPOCHWIRES.com.
Media Contact: Dr. Serdar Atamert, Epoch Wires, Ltd., 447414866801,firstname.lastname@example.org
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
See link: http://finance.yahoo.com/news/epoch-wires-completes-tests-mass-211500527.html