Superconductor technology has been in the wings a long time as a
potential way to reduce energy consumption, improve the speed of electronic circuits and enhance the quality of telecommunications
systems. Early signs from superconductive companies, which have come in slowly but surely, indicate that the technology may
soon become a mainstream commercial reality.
Superconductor Technologies Inc. (NASDAQ:SCON) ("STI"), recent preliminary
financials are another sign that superconductors may be closer to an acceptable price point with an acceptable return on investment.
For the second quarter of 2005, which ended July 2, STI has estimated revenue to be about $8.5 million, compared to $4.4 million
in the first quarter of 2005 and $6.3 million in the second quarter of 2004. Net commercial product revenues show a slightly
higher increase. For the second quarter of 2005, the company estimates $7.6 million, which is a 100 percent increase over
the first quarter of 2005, which came in at $3.8 million and a 65 percent increase over the $4.6 million of the second quarter
in 2004.
Jeff Quiram, STI’s CEO expects positive results in the upcoming
quarters and in 2006, "I am very encouraged by the significant sequential increase in revenue over the first quarter. STI
is continuing to gain market acceptance for our solutions, especially in the next generation network deployments. We have
strengthened our sales team to better position STI as an exceptional business partner. We are proud of our progress selling
additional solutions to our existing customers and diversifying our customer base. The cumulative effect of these measures
is expected to have a continuing positive impact on our business for the second half of 2005 and into 2006."
STI’s SuperLink product is a cryogenic receiver front-end
that is intended to lower operation costs and improve performance of telecommunications networks.
