VEIR has completed and energized a 100-foot overhead superconductor power line with a novel cooling approach that could help meet the global need for new power transmission. This technical milestone coincides with the company securing an additional $24.9 million in series A-2 funding from investors including Breakthrough Energy Ventures, The Engine Fund, Congruent Ventures, Fine Structure Ventures, Galvanize Climate Solutions, and VXI Capital.
Read the full article in T&D World here.