BEST Announces License and Technology Transfer Contract for 2G High-Temperature Superconductors to Rosatom
Bruker Energy & Supercon Technologies, Inc. (BEST) announced today a large-scale technology transfer contract for its Bruker HTS GmbH subsidiary to license and transfer know-how for second generation (2G) YBCO ceramic tape high temperature superconductors (HTS) to a subsidiary of the Russian state atomic energy corporation, Rosatom. The total contract value exceeds $25 million, and BEST revenue is expected in various increments and milestones over an approximately two-year period.
BEST is a subsidiary of Bruker Corporation (NASDAQ: BRKR).
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.