Wuhan Supermag Technology in China Completes Tens of Millions of Yuan in Financing
en.Wedoany.com Reported - Recently, Wuhan Supermag Technology Co., Ltd. announced the completion of tens of millions of yuan in angel round financing, led by Leaguer Innovation and followed by East Star Innovation. The funds will be used for team expansion, superconducting magnet R&D iteration, and capacity expansion.
The company's core technology originates from the research team led by Researcher Song Yunxing at the National Pulsed High Magnetic Field Science Center of Huazhong University of Science and Technology, where Song also serves as the company's Chief Scientist. With 15 years of experience in superconducting magnet technology R&D and industrialization, Song previously worked as a senior engineer at General Electric (GE) in the United States. After returning to China in 2020, he independently developed and delivered multiple sets of superconducting magnet equipment.
The company specializes in conduction-cooled superconducting magnet technology, independently tackling the "helium-free + frameless" technology. Its products have achieved small-batch delivery and are applied in fields such as scientific quantum, high-end medical, industrial, and controlled nuclear fusion. Currently, the self-developed helium-free and frameless series of superconducting magnets offer customized solutions, outperforming similar products in terms of equipment weight, volume, cooling and excitation time, and operational stability, while eliminating the need for liquid helium.
Going forward, the company plans to develop the first conduction-cooled controlled nuclear fusion superconducting magnet and a 7.0T low-helium MRI superconducting magnet system. Li Yao from Yangtze Leaguer stated that superconducting magnets are the core fulcrum of the controlled nuclear fusion revolution, expressing confidence in the company team's technical background and commercial implementation capabilities.
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