Bruker Energy & Supercon Technologies (BEST) Receives $36 Million Contract for High-Performance Superconductors from ITER Fus...
December 16 2009 - 6:00AM
Business Wire
Bruker Energy & Supercon Technologies, Inc. (BEST) today
announced that its Bruker EAS GmbH subsidiary in Hanau has been
awarded a 24.5 million Euro contract (USD $36 million) to supply 37
metric tons of high-performance superconducting niobium-tin wire to
the ITER international fusion energy project. This order has been
placed by Fusion for Energy (F4E), the Barcelona-based agency which
is responsible for providing Europe’s contribution to ITER. BEST
expects to begin shipping the niobium-tin superconductor strands in
the second half of 2010, with deliveries phased over the next 30
months thereafter.
The ITER project is a multi-billion dollar international
collaboration of China, the European Union, India, Japan, Korea,
Russia and the U.S., whose mission is to design and construct an
experimental fusion reactor to demonstrate the scientific and
technological feasibility of fusion power generation at a facility
being sited in Cadarache, France. Fusion of light elements – the
process powering the sun and the stars – could allow future
generations to tap into abundant and infinite forms of energy while
at the same time reducing risks to the Earth’s climate, and helping
to preserve the quality of our environment. Fusion energy is
considered inherently safe and could contribute to energy
independence for many countries. Furthermore, fusion does not
result in radioactive waste that represents a long-term storage and
potential security problem.
Large-scale superconducting magnets made from niobium-tin strand
wire, which is a high-performance metallic superconductor, will be
used to confine the fusion plasma in ITER, as well as in future
fusion power reactors similar in design to ITER. Magnetic
confinement in such large-scale fusion reactors is critically
dependent on the availability of superconductor material of the
highest performance and quality. BEST is a major global producer of
highest quality niobium-tin metallic superconductors which are also
used for high-field NMR and FTMS magnets, designed and manufactured
by Bruker BioSpin.
Dr. Burkhard Prause, President and Chief Executive Officer of
BEST, commented: “BEST has a long history of supplying
superconductors to fusion research projects, including model coils
for ITER. I am proud that our team is part of this endeavor to
provide clean and abundant energy for future generations.”
Dr. Klaus Schlenga, Chief Technology Officer of BEST, added:
“This large new superconductor order represents an exciting
opportunity for BEST to expand its participation in the ITER fusion
project. The niobium-tin superconductors made by our manufacturing
operation in Hanau are recognized as being among the best
superconductors in the world, as this award from F4E clearly
indicates. Because of its uniform properties, the niobium-tin wire
made by BEST has been selected as the standard material for the
world-wide benchmarking of ITER niobium-tin strand test
facilities.“
For more information on F4E and ITER, please visit
http://fusionforenergy.europa.eu.
About Bruker Energy & Supercon Technologies, Inc. and
Bruker Corporation (NASDAQ: BRKR)
Bruker Energy & Supercon Technologies, Inc. (BEST) is a
subsidiary of Bruker Corporation. For more information, please
visit www.bruker-est.com or www.bruker.com.
CAUTIONARY STATEMENT
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking statements
as that term is defined in the Private Securities Litigation Reform
Act of 1995. Any forward-looking statements contained herein are
based on current expectations, but are subject to a number of risks
and uncertainties. The factors that could cause actual future
results to differ materially from current expectations include, but
are not limited to, risks and uncertainties relating to adverse
changes in conditions in the global economy and volatility in the
capital markets, the integration of businesses we have acquired or
may acquire in the future, changing technologies, product
development and market acceptance of our products, the cost and
pricing of our products, manufacturing, competition, dependence on
collaborative partners and key suppliers, capital spending and
government funding policies, changes in governmental regulations,
intellectual property rights, litigation, and exposure to foreign
currency fluctuations. These and other factors are identified and
described in more detail in our filings with the SEC, including,
without limitation, our annual report on Form 10-K for the year
ended December 31, 2008, our most recent quarterly reports on Form
10-Q and our current reports on Form 8-K. We disclaim any intent or
obligation to update these forward-looking statements other than as
required by law.
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