Wednesday, July 18, 2012

July 2012 Newsletter Now Available

Top stories from TTO's July newsletter:

Advanced Conductor Technologies to Develop CU High-Performance Superconducting Cable

Ten CU Research Groups Receive Tech Commercialization Grants from State of Colorado

GlobeImmune Files for IPO of Up to $69 Million
CU licensee GlobeImmune Inc. filed plans for an initial public offering of up to $69M as the biopharmaceutical company looks to raise funds to advance its infectious disease product candidates.

Sobi Files Kineret Application with FDA for NOMID Indication
The US Federal Drug Administration (FDA) has received an application from Sobi (Swedish Orphan Biovitrum, previously known as Biovitrum) for Kineret® (anakinra) for the indication of neonatal-onset multisystem inflammatory disease (NOMID). Kineret was developed at CU, and is marketed internationally by Sobi following a license agreement with Amgen.

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Advanced Conductor Technologies to Develop CU High-Performance Superconducting Cable

Thinner, more versatile superconducting cables have potential for high-energy density power transmission, high-field magnets and energy storage. 

BOULDER, Colo., July 18, 2012 – Advanced Conductor Technologies LLC and the University of Colorado recently completed an exclusive option agreement to allow the company to develop high-temperature superconducting cables that could be an enabling technology for high-current, DC power transmission and for the next generation of high-field magnets.

The technology portfolio covered by the option was developed by Danko van der Laan, a physicist with appointments at CU-Boulder and the National Institute of Standards and Technology (NIST). High-temperature superconducting (HTS) cables were initially developed for metropolitan electrical networks because of their economy, reliability, and large transmission capacity. Van der Laan has developed a technique to make thinner, more flexible HTS cables that can carry the same (or greater) current. These more-compact cables have immediate applications in electrical grids and scientific and medical equipment; they may also enable HTS power transmission for military applications.

Cross-section of a high-temperature superconducting cable design invented by van der Laan. In the center are copper wires bundled with nylon and plastic insulation. The outer rings are a series of superconducting tapes wrapped in spirals around the copper.

Looking forward, this technique opens the door to new markets that require flexible, high-current density power transmission cables, and also has potential for superconducting transformers, generators, and magnetic energy storage devices. “The exclusive option agreement with CU is an important step for my company to develop what are now called conductor on round core (CORC) cables,” says van der Laan.

Within a year of its founding, Advanced Conductor Technologies was awarded three small business grants from the Department of Energy and the Department of Defense; the company is currently commercializing the CORC cables for the next generation of fusion magnets, energy storage magnets for airborne directed energy weapons and high-energy density cables for naval applications. “Advanced Conductor Technologies is pursuing an aggressive development effort to bring this promising technology to market,” adds Ted Weverka of the CU Technology Transfer Office.

About Advanced Conductor Technologies:
Advanced Conductor Technologies LLC is a new company that focuses on the commercialization of high-temperature superconducting cables using the new cable technology developed by its founder, Danko van der Laan, while at the University of Colorado Boulder and the National Institute of Standards and Technology (NIST). The cable technology opens the door to new markets that require flexible, high-current density power transmission cables. It also forms the basis for the first practical superconducting cable for high-field magnets that operate at magnetic fields above 20 Tesla, or at temperatures exceeding 20 Kelvin.