The University of Houston (UH) has executed two license agreements with SuperPower, a wholly owned subsidiary of Royal Philips Electronics based in Schenectady, NY. The first covers the IP on second generation high temperature superconductor wire developed under a sponsored research agreement previously executed between the two organizations. Venkat Selvamanickam, PhD, professor of mechanical engineering and director of the Applied Research Hub of the Texas Center for Superconductivity at the University of Houston (TCSUH), leads the sponsored research program. The second agreement covers a fundamental composition of matter patent for a high-temperature superconductor that was discovered by Paul Chu, PhD, professor of physics at UH. Additional terms were not disclosed.
UH and SuperPower are partners in a $3.5-million Emerging Technology Fund award from the State of Texas to create the Applied Research Hub at TCSUH. In addition, the two organizations are partners in a $10.6-million Smart Grid Fault Current Limiting Superconducting Transformer Demonstration program funded by the U.S. Department of Energy.
Source: EurekAlert!