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Ismaning, August 14, 2015 – Just half a year after starting production, THEVA is doubling its capacity. “The processes have been established, the quality criteria have been met and process yield is growing. Production is going smoothly, so to speak,” says CEO Dr. Werner Prusseit. Following its first large order, the company now faces the challenge of producing in enough quantity. THEVA’s goal is to get the costs for superconductors down to the level of copper through volume production.

Superconductors will play a crucial role in tomorrow’s power technology. Consequently, THEVA is striving to make its production operations eco-friendly. Since the beginning of 2015 we have been committed entirely to renewable energy: the electricity we use is pure hydropower, our heating is geothermal, and our cooling is by groundwater. This makes our production carbon-neutral.

Munich, June 28, 2012: Munich-based venture capital firm Target Partners (www.targetpartners.de) today announced a seven figure Series A investment in Theva Dünnschichttechnik GmbH (Theva) (www.theva.de). BayBG Bayerische Beteiligungsgesellschaft (www.baybg.de) joins Target Partners as a co-investor in the Munich-based technology company.

Ismaning, May 8, 2015 - Smaller, more compact, and more powerful – that's the trend in today's electrical power engineering. THEVA Dünnschichttechnik GmbH has the proper answer, with its superconductors of the THEVA Pro-Line series. Compared to copper, the high-temperature superconductors (HTS) developed by THEVA transport two hundred times the amount of current through the same cross-section. The company is currently focusing on the manufacturing processes required to meet coming demand for this technology of the future. Managing Director Dr. Werner Prusseit: " Production expertise, the employees, the and the equipment are all in place. All we need now is the fine tuning – after which series production can begin."

So far THEVA has been an experienced provider of coating technology and equipment engineering. Starting in 2015, we positioned ourselves in the market as a new manufacturer of high-performance, reliable superconductor wires. The company’s product line THEVA Pro-Line is aimed at clients in various sectors ranging from electrical engineering to magnet technology. The design also keeps pace with the new strategy: the company’s market image is clear, distinctive and modern, the website has been redesigned, and customer requirements have been structured accordingly.

Since the mid-1990s, THEVA has been standing for application-oriented technologies. With our new superconductor tapes, available from begin of 2015, we are focussing on requirements in the industry: manufacturers of cables, power electronics, power rails or industrial drives require reliable material that can be easily processed. We ensure this with our unique approach to superconductor production as well as our professional quality management. At the same time, our superconductor tape THEVA Pro-Line has the potential to replace copper conductors in high-performance applications. Its high power density opens up entirely new design perspectives for applications in electrical engineering as well as drive technology, magnet technology and manufacturing sectors.

Ismaning, July 13, 2012 · Effective May 31, 2012 THEVA divested and sold its HTS wafer coating operations to the start-up company Ceraco. Ceraco was founded by Robert Semerad, former COO of THEVA’s coating unit, who will be managing Ceraco as CEO.