Seonam is showing strong performance. It is interpreted that buying momentum is gathering following reports that the energy supply paradigm will be changed through second-generation high-temperature superconducting wire technology.
As of 9:32 AM on the 27th, Seonam is trading at 2,155 KRW, up 8.67% compared to the previous day.
According to a media outlet, Seonam is a technology-intensive venture company established in 2004 with the purpose of industrializing advanced new materials such as superconductors and nanomaterials. It is a green energy materials specialized company pursuing device system businesses necessary for the development of second-generation high-temperature superconducting wire and its application fields, aiming to develop environmentally friendly and efficient energy usage technologies.
The second-generation high-temperature superconducting wire, which Seonam has focused on, is a conductor with zero electrical resistance. It is a tape-shaped wire manufactured by depositing ceramic superconducting material with biaxial orientation as a thin film on a metal substrate. Compared to copper wires used in conventional power devices, it can transmit current with about 1,000 times the capacity without loss. Superconducting cables using high-temperature superconducting wire reduce power loss to less than half compared to general copper wire cables and increase transmission capacity up to 10 times.
Seonam has independently developed the superconducting layer deposition technology (RCE-DR), one of the core processes for mass production of high-temperature superconducting wire, and holds about 80 domestic and international patents related to manufacturing and applications. With this technology, Seonam can produce high-performance (600A/cm) superconducting wire at up to 10 times the speed of other companies.
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