Ismaning, 2.11.2023 THEVA just signed a Series D first-close funding round and secured €11 million for its further expansion. Several new strategic investors and the existing shareholders made their pledge to support and grow THEVA as the sole European manufacturer of second-generation high-temperature superconductor (HTS) wires. HTS is a key technology to tackle climate change and to enable the transformation towards an electricity-based energy system. HTS wires are a critical component for the modernization and strengthening of electric power grids, and an enabler for cutting-edge nuclear fusion energy solutions. Furthermore, they are pushing the envelope for many high magnetic field applications, among them also the MedTech segment. The acquired capital injection is the starting signal for a growth phase to expand production. Plans are to increase the wire production capacity by a factor of 25 and at the same time reduce unit costs by 75% until 2027. THEVA has been teaming up with a strong OEM and specialist for PVD coating to push THEVA’s unique technology to a new level. In the longer perspective the new Beta-line will serve as a platform to allow licensing out the technology in a mature stage for a worldwide roll-out of the HTS wire production to meet the surging demand. The financing round will be completed by a second closing early 2024, in which there is still some room for new investors. Enabling Energy Transition – by superconducting solutions
At this year's EUCAS (European Conference on Applied Superconductivity) conference, which was held from 3rd to 7th September in Bologna, three CONECTUS Awards were given for high quality work presented in close proximity to applications for high temperature superconductors. Members of CONECTUS chose the winners for the Early Career Awards from applications. This year, Dr. Cornelia Hintze from THEVA was awarded 3rd prive for her work High-temperature Superconductors for Magnetic Billet Heaters and for urban medium voltage electricity networks (projects "RoWaMag" and "SuperLink"). We at THEVA are proud partner in these projects and want to congratulate Cornelia again for her great work. Please read more about CONECTUS Early Career Awards here: https://www.conectus.org/2023/09/20/conectus-early-career-award-winners-2023/
The 28th International Conference on Magnet Technology (MT-28) will be hosted in Aix-en-Provence from 10th September to 15th September. THEVA will present solutions for high-field and low-field applications of superconductors and we will have an exhibition booth. We hope to see you in Aix-en-Provence and look forward to talking to you at MT-28!
The European conference on applied superconductivity (EUCAS) will be held in Bologna, Italy from 3rd to 7th September. Besides giving an update on THEVA's overall production and R&D, we will present Munich's famous HTS cable project SuperLink. THEVA will also have a booth at the exhibition space. We are looking forward to many interesting discussions and meeting all of you in Bologna! You can book your appointment with us through our contact form.
This year's CCA (Coated Conductors for Applications) workshop will be held in Houston, TX. During this conference, the applications of superconductors and other coated conductors will be the main focus. THEVA will be represented by Dr. Cornelia Hintze, who will give a presentation about THEVA's product portfolio and our application projects. Please find further information about the event here: https://cca2023.me.uh.edu/
The Deutsches Museum in Munich organizes a series of events called "Future Slam" within their "Forum of the future". At each Future Slam, five ideas from different areas of life are presented. THEVA participated at the second Future Slam on 26th January, 2023 and amazed the audience by talking about the use of superconductors especially in the are of nuclear fusion. The 2nd Future Slam can be streamed in full length here: Deutsches Museum's Youtube Channel
We are pleased to announce our participation in 1st High Temperature superconductor Accelerator Technology (HiTAT) workshop. HiTAT will be held on 9-10 March 2023 at CERN. The focus of the program is on REBCO coated conductor for use in Hadron Therapy accelerator magnets, including post HL-LHC high energy colliders and beam lines. HiTAT, on this occasion organised in the framework of the H2020-I.FAST project. THEVA will give a presentation on "REBCO tape at Theva: state of the art and prospects" during the workshop. You may find further information about the workshop here: https://indico.cern.ch/event/1220254/
The 30th Symposium on Fusion Engineering ("SOFE") will be held in Oxford, UK from 9th to 13th July. Besides new findings from industry and research, a tour of the UKAEA (UK Atomic Energy Authority) will be given. THEVA will participate with a presentation. Further information on the conference can be found here: https://sofe2023.co.uk/
Prof. Mathias Noe and Dr. Markus Bauer published a paper about the application of superconductors in high-current cables in Physik unserer Zeit. You can download the paper here: Paper "Without Resistance" Excerpt: Superconducting cables and wires are well developed and the first economic applications are foreseeable. One obstacle to widespread application is the still insufficient number of successful prototypes in long-term use. On top of that, there is a lack of knowledge about the many possible applications and the degree of maturity of the technology.
This year, the Applied Superconductivity Conference (ASC 2022) will be held in person again. From October 23rd to 28th, representatives from the superconductor industry and research will meet in Honolulu. For THEVA, our CEO Dr. Werner Prusseit will be onsite and give two talks: Production of technical HTS wire for magnet and cable applications (Session "Coated Conductors" on 24th October) as well as Development and testing of a 110 kV SuperLink system using HTS 2G wires (Session "Superconducting Devices for Power Grid" on 27th Oct.). Please feel free to arrange a meeting by sending us a quick email to firstname.lastname@example.org. We are looking forward to meeting you in person at ASC 2022 in Honolulu. . You may find further information at the conference's website: https://www.appliedsuperconductivity.org/asc2022