DOE Grant For Superconducting Wires

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Lapeer-based Grid Logic has been awarded a $3.8 Million grant from the Department of Energy to develop a low-cost superconducting wire for use by electric utilities. This funding, under the Advanced Research Project Agency—Energy (ARPA-E) program, is designed and targeted to assist in commercializing cutting-edge technologies. Grid Logic will use a new manufacturing technique to embed very fine superconducting particles into a combination of metals to induce superconductivity. Such a wire product would reduce the cost of transmission lines, motors, and other electric devices. In total there were $130 Million in ARPA-E awards.

Topics:  DOE, Electricity, Grants, Technology

Published In: Administrative Agency Updates, General Business Updates, Energy & Utilities Updates, Finance & Banking Updates, Science, Computers & Technology Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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