Founded with the mission to accelerate the growth of electric transmission capacity for global decarbonization and grid resilience, VEIR is pioneering high-temperature superconducting technology. VEIR's innovative approach utilizes passive evaporative cryogenic cooling, offering 20 times the cooling power per kilogram of nitrogen flow compared to traditional mechanical subcooling methods. This technology enables their superconducting electric transmission lines to operate with ten times the transfer capacity of conventional lines at a given voltage level, targeting the energy sector.
VEIR has attracted notable investors and industry experts who believe in its transformative potential. The company has achieved significant milestones in developing and demonstrating its cutting-edge technology, positioning itself as a leader in advanced electric transmission solutions. VEIR's impact is profound, promising to enhance grid reliability and support the global transition to sustainable energy sources by enabling more efficient electricity transmission.
