Superconductor Tech (SCON) Reports Q1 Loss of $0.10/Share

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Superconductor Technologies Reports 2015 First Quarter Results

May 12, 2015 6:30 AM EDT

AUSTIN, Texas, May 12, 2015 (GLOBE NEWSWIRE) -- Superconductor Technologies Inc. (STI) (Nasdaq: SCON), a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies, reported results for the quarter ended March 28, 2015.

"In the first quarter, we made significant progress fulfilling many qualification requirements for our customers," stated Jeff Quiram, STI's president and chief executive officer. "We improved both the wire performance and the finishing layer process during the quarter. Currently our Conductus® HTS wire is being evaluated and tested for numerous products within three basic categories: power transmission cabling;... More