Novo Holdings and SUBRA have formed a partnership to fast-track the advancement of innovative superconductor technology supported by a convertible loan from Novo Holdings in Danish deep-tech SUBRA.
The global energy transition has become one of the most pressing challenges of modern time. As the world strives to reduce carbon emissions and meet ambitious climate targets, innovative technologies are needed to modernize energy systems and enable sustainable power generation.
Superconductors can become the key to transforming energy systems. They hold promise to enable a newSource: Novo Holdings generation of zero resistance power cables as well as fusion reactors, playing a crucial role in improving energy efficiency, supporting renewable energy integration, and advancing next-generation solutions like fusion energy. The partnership between SUBRA and Novo Holdings aims to advance SUBRA's development and position SUBRA for scaling towards making a critical impact in the green transition.
Despite their significance in advanced technologies, present superconductors face several critical challenges, including difficulties in scalability and cost-effective production. SUBRA's technology takes a different approach to high-temperature superconductors. Bringing superconductors from flat tape technology to bundled wires, the SUBRACABLE innovation has the potential to overcome limitations of traditional copper cables and current flat tape superconductors. This is realized by enabling the production of superconductors that are scalable to extreme lengths, with superior properties such as thermal robustness, mechanical flexibility and high current capacity.