The very phenomenon of superconductivity (transmission of electric current without resistance losses) has already became part of everyday human life making the magnetic resonance imaging (a key method of medical diagnosis) widely available. In 2022, the superconductor materials market was practically $7 billion. Comparatively recently discovered high-temperature superconductors (HTSCs) show the most dynamic growth (more than 35% per year) indicating the demand for these materials and technologies.

High-temperature superconductors are the most efficient material for power transmission both at short distances in urban areas and at long-distance intercity routes. HTSC-cables are in commercial operation in many countries (USA, Germany, South Korea, Japan), and work is underway to launch HTSC-cables in Russia. The use of HTSC allows creating current limiting devices (HTSC CLD) - unparalleled electrical equipment for electrical network protection allowing to interconnect power systems and increase their capacity. LLC SuperOx is a world leader in the field of HTSC production: the 220 kV class HTSC CLD manufactured by the company has been in operation at Moscow's Mnevniki substation since 2019 and is the most powerful device in its class.

Superconductor market growth in the power generation industry is restrained by limited production of HTSC wires. However, over the 2010-2020 period the output volume of HTSC wires had increased in 10 times and the market price had decreased more than in 3 times (from $600 to $150-200 per kA/m). The scientific backlog accumulated over the thirty-year history of HTSC provides all the potential to sustain this momentum over the next decade. This means that the growth in the market of HTSC electrical equipment should be expected the mass application of which will decisively reduce transmission losses i.e. the carbon footprint of electrical power generation.

Long-term prospects of high-temperature superconductor application are opened in the field of creation of high magnetic fields (10 tesla and higher), where these materials set a fundamentally new level of quality. First of all, HTSC-magnetic systems are in demand in industrial heaters, the elementary particle acceleration technology (including medical applications) and controlled thermonuclear fusion facilities - tokamaks, open traps, stellarators aimed at creating a new energy source independent of fossil resources - a thermonuclear reactor. The expert consensus is that the first thermonuclear power plants will appear as early as the early 2030s. The emergence of commercially available high-temperature superconductors is associated with a breakthrough in the development of controlled thermonuclear fusion - in fact, for the period 2010-2020 the number of private companies working in this industry has tripled and the growth itself has an exponential nature.

The Company is developing technologies for the application of HTSC in magnets. In the mid-2010s, the company completed the cycle of development, manufacturing and testing of a high-power HTSC magnet of an electric jet engine for the space technology. This engine uses 10 times less fuel (by weight) than “chemical” jet engines for thrusting. The record-breaking performance of the created EJE was achieved only due to new superconductor technologies developed in SuperOx. Developing the magnetic technologies, in 2022 the company developed and manufactured a superconducting magnet with a record 20 tesla magnetic field in Russia.

Thus SuperOx Company as a leader in the design, manufacture and operation of equipment based on high-temperature superconductors, creates solutions for modern power economy, science and other industries aimed at providing society with affordable and fossil-independent energy.