MetOx receives $80M to build HTS wire manufacturing plant in the southeastern U.S.
MetOx International, Inc. has been selected by the U.S. Department of Energy (DOE) to receive $80 million in funding. The company, which specializes in high-temperature superconducting (HTS) wire production, will use the money to build a manufacturing facility in the southeastern United States. The initiative, named Project Arch, is designed to support critical infrastructure for the clean energy transition. Construction on the new facility is expected to begin in 2025.
What people are saying
In a recent quote, Bud Vos, CEO of MetOx, said, "We are thrilled to receive this support from the Department of Energy, which allows us to bring cutting-edge manufacturing and over 200 high tech job opportunities to the southeastern United States. Project Arch not only represents a transformative milestone for our company, but it establishes the U.S. as a true leader in HTS technology. This project will have an immediate and tangible impact on the local economy and the energy sector, powering new technologies that rely on the unmatched power-carrying capacity of superconductors. Through Project Arch, we are driving a more resilient, efficient, and sustainable energy future—for the U.S. and the world."
U.S. Secretary of Energy Jennifer Granholm added, "The transition to America's clean energy future is being shaped by communities filled with the valuable talent and experience that comes from powering our country for decades. By leveraging the know-how and skillset of the former coal workforce, we are strengthening our national security while helping advance forward-facing technologies and revitalize communities across the nation."
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