Category Archives: Press Releases

AML Appoints Aerospace Expert to the Board of Advisors

Melbourne, Florida: AML Superconductivity and Magnetics (AML) announced that Marshall L. Heard, retired Vice President of The Boeing Company was appointed to the Company’s board of advisors.

“Marshall has an exceptional background with over 50 years of experience in the aerospace industry including managing numerous dollar programs for Boeing. The addition of Marshall bolsters AML’s team for commercialization of AML’s electric aircraft propulsion motor business. AML is very fortunate to have Marshall’s sector experience in engineering, marketing, business development, and program management.”

Marshall L. Heard Bio

 

AML’s Magnet Technology Recognized As Enabler For Cancer Treatment

Through support from the Department of Energy, the Lawrence Berkeley National Laboratory (LBNL) in collaboration with Switzerland’s Paul Scherrer Institute and leading medical company Varian Technologies are applying AML’s enabling technologies for demonstration of next generation charged particle therapy beam optics for cancer treatment such as proton and carbon therapy.

Most oncologists regard particle therapy as the preferred choice for treating tumors, it utilizes magnets for steering, focusing and correcting particle beams for delivering protons to eradicate cancerous tissue with virtually no harm to healthy tissue. However, these large, hospital size facilities are very expensive and therefore limit availability to patients’ world-wide.

One key cost driver, is the very large and heavy magnets located on the particle beam delivery “gantry” which can weigh over 600 tons. The magnets are used to bend the beam around the gantry and deliver the beam to the patient.

AML’s Double-HelixTM technologies enables magnet configurations that uniquely address such issues. For applications such as particle therapy this includes: bent (canted) and highly-pure magnetic fields; combined function fields; high ramp rates; quench free stabilized structures all protected by a comprehensive patent portfolio.

AML Enabled – Alternating-gradient canted cosine theta superconducting magnets for future compact proton gantries.

AML Appoints Medical Device Expert to the Board of Advisors

Melbourne, Florida: AML Superconductivity and Magnetics (AML) announced that Michael J. Partsch, a venture capitalist, serial medical device entrepreneur, and presently CEO of privately held AcceleMed Management, Inc. was appointed to the Company’s board of advisors.

“Mike has an extraordinary background with nearly 25 years of medical device startup and company exit experience and we are delighted that he is joining AML’s team,” said Mark Senti, AML President. “The addition of Mike to the Advisory Board is perfectly aligned with AML’s strategy to leverage AML’s unique technologies currently applied in non-medical markets for medical device products.”

Partsch currently serves as CEO of AcceleMed Management, Inc., a privately held company located in San Carlos, Calif., a medical device innovation company dedicated to accelerating the development of medical device innovation. Partsch has been active in California’s Silicon Valley for over 10 years, bringing together technologies and clinicians for magnetic related treatments such as Transcranial Magnetic Stimulation (TMS). TMS uses magnetic fields to stimulate regions of the brain for treating depression, pain and addiction with strong potential for other neurological disorders such as Alzheimer’s and Epilepsy.

Michael J. Partsch Bio 

AML Expands Its Business Opening Of An Office In The Silicon Valley

Melbourne, Florida: AML Superconductivity and Magnetics (AML), currently celebrating its 20th Anniversary as a leading technology developer, announced today that it is moving its business development activities to the Silicon Valley. Now based out of Palo Alto, California, AML’s new business activities  leverages the Valley’s unique ecosystem of leading technology companies, research and the world’s hotbed for venture capital.

According to the Company’s Chief Scientist and Co-founder, Dr. Rainer Meinke, “I am extremely excited with this decision to put the company at center-stage for global deployment of our proven technology platform in new markets – such as game changing medical diagnosis and treatments.”

The move is expected to result in significant business engagements based on the strong value proposition for enabling high-impact applications within a business environment that thrives on next generation solutions for energy, medicine, water, and the environment.

“Business development activities will leverage AML’s existing relationships with leading organizations in the Silicon Valley to establish joint product developments, technology licensing and the creation of new medical device focused companies,” says Mark Senti, AML President, who will lead this initiative.

Chile’s President Visits AML’s Laboratory in Viña Del Mar

On July 17, 2015 Chile’s President, Michelle Bachelet, accompanied by the Minister of Ecomomics, Development and Tourism, Luis Felipe Céspedes; the Mayor of Valparaiso, Ricardo Bravo and the Mayor of Viña del Mar, Virginia Reginato, toured the laboratories and facilities which house AML’s Impact Innovation Alliance and its joint venture partner Advanced Innovation Center – Chile. The center’s director, Alfredo Zolezzi, hosted the visit.

The innovation center provides unique capabilities and technologies for research and development aimed at addressing high impact applications for energy, water and the environment. Core technologies such as superconductivity, magnetics and plasma are currently being applied for the development of potable water sanitization systems and industrial wastewater treatment solutions.

The President addressed the innovation team members and press where she stressed the importance of innovation which – “in addition to a technical or scientific value, has great value for the community, because they generate economic, social and environmental impact. There is no doubt achieving this virtuous combination is the greatest merit of the project led by Alfredo Zolezzi.”

Photos courtesy of the Government of Chile

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Florida’s Best Honored at Hard Rock Live

Florida celebrated entrepreneurial rock star companies and highlighted the importance of second-stage businesses to Florida’s economy. More than 450 people attended the event, held at Hard Rock Live, CityWalk in Orlando. Florida Companies to Watch is an awards program that celebrates privately held second-stage companies headquartered in the state. Awardees are selected for demonstrating the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage, outstanding corporate culture, inspired community giving and other notable strengths.

1014.GrowFl-8346-(ZF-5168-74315-1-002)

 

New Superconducting Magnet Will Lead to Next Generation of Wind Turbine Generators

News Release:  U.S. Department of Energy Wind Program R&D Newsletter: October 2014

AML Superconductivity and Magnetics, in conjunction with the U.S. Department of Energy’s (DOE’s) Argonne National Laboratory, recently announced that their superconducting magnet system passed a landmark reliability test, demonstrating its potential suitability for wide-scale commercial applications. This new superconducting magnet will help establish a new generation of turbine generators that are roughly half the size and weight of those currently in operation.

In 2012, DOE funded AML’s design for a superconducting generator for large-scale, high-efficiency offshore wind turbines. AML worked with its partners, Emerson Electric Corporation, Creare Inc., DNV USA, and DOE’s Argonne National Laboratory to develop the design for a 10-megawatt (MW) direct-drive fully superconducting generator. According to AML’s Vice President of Development, Vernon Prince, the design has been thoroughly vetted and validated by DOE and is ready for a full-scale demonstration project and volume manufacturing.

Key potential advantages of the AML direct-drive generator include improved scalability, reduced weight, and coils that are free of rare-earth materials. AML’s design does not require a gearbox, which may lead to improved reliability and reduced maintenance costs. Although this may also be true for contemporary, gearbox-free direct-drive generator designs, the AML generator makes a magnetic field using superconducting windings that are more powerful and compact than copper-based alternatives. They are also constructed of more readily available and lower-cost materials than permanent-magnet-based generators, which are sensitive to cost fluctuations in the volatile rare-earth magnet market. In addition, AML calculates that its generator will weigh up to 50% less than a comparable permanent-magnet rare-earth generator with a 10-MW power rating. A lower generator mass has major system benefits, including a lighter—and thus less expensive—tower, and reduced installation costs through the use of smaller cranes and offshore vessels.

AML Named 2014 Florida Companies to Watch Winner

Palm Bay, Florida: AML Superconductivity and Magnetics is proud to be selected as one of fifty leading second-stage companies selected from approximately 600 nominations statewide, as this year’s class of Florida Companies to WatchSM.

Florida Companies to Watch is an organization that celebrates privately held second-stage companies headquartered in the state. To be eligible, applicants must employ between 6 and 99 full-time equivalent employees and have between $750,000 and $50 million in annual revenue or working capital in place. Awardees are selected for demonstrating the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage, outstanding corporate culture, inspired community giving and other notable strengths.

“AML is proud to be recognized as a 2014 Florida Company to Watch,” said Mark Senti, President and Chairman. “AML’s model has always been to take any challenge or task and provide a solution that has never been thought of before – AML is accepting the challenge of leading Florida in the coming decades of innovation and creating significant economic returns to the state. Our company is now entering large and high-impact applications, addressing multi-billion dollar markets, based on transformational technologies applied to the areas such as offshore wind power, power distribution, aerospace propulsion, and medical applications.”

“Florida Companies to Watch is honored to recognize another outstanding group of stage-two companies,” said Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute and associate vice president for the University of Central Florida’s Office of Research and Commercialization. This is our fourth year of celebrating second-stage business leaders throughout the state of Florida. The companies selected for the Florida Companies to Watch awards program stand out among their peers as companies that should be celebrated. In Florida, they account for 5 percent of the companies and nearly 30 percent of the jobs. These companies make a difference and we’re happy to offer the recognition they deserve.”

Florida Companies to Watch is unique because of its focus on second-stage companies and the wide-ranging industries they represent. The impact of these companies on Florida’s economy is immense, and this year’s honorees are examples of such companies in the state. Overall, the 2014 winners had $370 million in total annual revenue in 2013, which was a 36 percent increase in total annual revenue compared to 2012. They employed 1,757 full-time equivalent employees, with 462 net new jobs projected for 2014.

“We’ve seen countless examples of mid-size companies bringing the spotlight to Brevard’s manufacturing community,” said Lynda Weatherman, president and chief executive officer of the Economic Development Commission of Florida’s Space Coast. “Thank you to AML for shining the light on the talent and growth that exists here and congratulations for being named to this elite group that is making a difference within our region, the state of Florida, and beyond.”

2014 Sponsors include Wells Fargo, TWSquared, University of Central Florida, Florida High Tech Corridor, atLarge, Inc., Carlton Fields Jorden Burt, Filmscape, OUC, AMTIS Inc., Enterprise Florida, Fifth Third Bank, Florida Power & Light, Insperity, LSQ Funding, Sorensen Moving & Storage, SunTrust, USF Connect. For more details on Florida Companies to Watch, visit GrowFL.

AML Passes Superconductivity Mainstreaming Test

AML clears final hurdle toward broad commercialization of superconductivity: advanced magnet system passes critical reliability test

AML Superconductivity and Magnetics and Argonne National Laboratory announced today that one of the world’s most sophisticated superconducting magnet systems passed a landmark reliability test that demonstrates its suitability for wide-scale commercial application. The successful test is the latest in a series of recent AML milestones that promises to accelerate the “mainstreaming” of superconductivity into such high-impact applications as power generation and distribution, advanced medical procedures, electric-powered transportation and wastewater treatment.

AML president Mark Senti stated that while the magnet system that was tested is intended for use in an international science project located in Europe, its fundamental design employs an array of enabling superconducting magnet and manufacturing technologies, and unprecedented field characteristics.  This design has now been validated for broader use in such platform products as rotating machines including significantly smaller, lighter and super efficient motors, generators, and all-electric propulsion systems.

“We now have the proven building blocks and comprehensive end-to-end development process to make superconductivity practical and affordable on a broad commercial scale for the first time since it was discovered over 100 years ago,” said Senti,  “Now, by offering application development services and defined field-of-use technology license agreements to visionary companies, we can rapidly propagate the application of superconductivity in critical multi-billion-dollar markets while addressing some of humanity’s most pressing challenges.”

Jerry Nolen, Distinguished Fellow of Argonne National Laboratory, oversaw the complex and stringent qualification test, conducted at the National High Magnetic Field Laboratory in Tallahassee, Florida. “This test has redefined the standards of magnetic performance and represents a long-awaited breakthrough in the advancement of superconducting technology,” said Nolen. AML’s Chief Technology Officer, Dr. Rainer Meinke, is responsible for the creation of the proprietary end-to-end process that yielded the company’s sophisticated magnet technology. “Our approach combines proprietary materials and revolutionary magnetic coil configurations to overcome the most persistent challenges of superconducting systems.” Meinke asserted, “As a result, our magnet technology not only demonstrates previously unobtainable field characteristics, it also achieves the reliability required for broad commercial adoption.”

According to Meinke, breakthrough performance characteristics demonstrated in the test include:

  • Unprecedented field uniformity, whereby very high field quality is maintained over the entire magnet, including the coil ends, without the need for correction coils.
  • Zero quench training, which validates the system’s stability and reliability, and significantly reduces system cost by eliminating the need for extensive testing.
  • Rapid power ramping, while still maintaining high field quality and stability.
  • The integration of multiple complex coil configurations: the AML system incorporated four separate, independent configurations, all within the same field volume.

The landmark quench test follows two other significant developments for AML and its technology:

One occurred in 2012, when the U.S. Department of Energy (DOE) selected AML’s design for a superconducting generator as the department-endorsed standard for large scale, high-efficiency offshore wind turbines.  The generator is designed to produce greater than 10 megawatts of electricity—enough power for over 5,000 homes–at half the size and weight of conventional generators.  “This design, thoroughly vetted and validated by DOE, is ready for a viable licensing partner to commit to full-scale demonstration and volume manufacturing.” Said AML’s Vice President of Development, Vernon Prince, “And the market is big.  Projected global growth trends in offshore wind energy indicates a need for thousands of such generators over the next 10 to 12 years, totaling over $30 billion.”

The other recent landmark event in AML’s march toward commercialized superconductivity is the formation of The New Century Alliance—a $20 million joint venture that teams AML with Chile’s Advanced Innovation Center and Avina, the sustainability-focused social impact foundation.  The joint venture will serve as global venue for demonstrating the commercialization of superconductivity for energy and the environment. It’s stated mission is to accelerate demonstration and global commercialization of superconductivity for energy and the environment, improve the quality of life at the “base of the pyramid.”

“These most recent AML milestones bring our nearly 20 years of research, innovation and strategic partnerships with leading corporations and institutions into a sharp, highly focused path toward the successful mainstreaming of superconductivity.” Said Senti, “We’re confident and motivated in our role as market leader in this technology, and welcome to opportunity to work with visionary companies to transform markets around the world.

About Argonne National Laboratory

Argonne National Laboratory seeks solutions to pressing national problems in science and technology. The nation’s first national laboratory, Argonne conducts leading-edge basic and applied scientific research in virtually every scientific discipline. Argonne researchers work closely with researchers from hundreds of companies, universities, and federal, state and municipal agencies to help them solve their specific problems, advance America’s scientific leadership and prepare the nation for a better future. With employees from more than 60 nations, Argonne is managed by UChicago Argonne, LLC for the U.S. Department of Energy’s Office of Science. For more, visit www.anl.gov.

About AML Superconductivity and Magnetics

Founded in 1995, AML is at the leading edge for the development of innovative products and solutions for energy, medical treatments and the environment. Combining their unique expertise with proprietary design software, magnet technology and manufacturing processes, the company has a long history of successful applications. Validated by the Department of Energy, NASA, international laboratories, universities and corporations, AML is at the forefront for applying superconductivity to power generation and distribution, advanced medical procedures, electric-powered transportation and wastewater treatment. Formerly known as Advanced Magnet Lab.

Advanced Magnet Lab announces appointment of Bill McCollum to board of directors

Former Florida Congressman and Attorney General to strengthen AML’s growth strategy with
experience in finance, international commerce, and state and federal law and regulations.

Palm Bay, Florida – Advanced Magnet Lab, Inc. (AML) announced today the appointment of former US Congressman and Florida Attorney General Bill McCollum to the company’s board of directors.

AML Chairman and President Mark Senti stated that McCollum’s addition to the board will help advance the company’s ambitious growth plans as the industry leader in superconductivity and innovative magnet based solutions for energy, medical, defense and aerospace. “Bill comes to the table with a wealth of knowledge and relationships in a range of critical areas, including international trade, governmental policies and regulations.” said Senti, “His national and Florida State public service, combined with his experience as a board member for both private and public sectors, strengthens AML’s board at a pivotal point in the company’s evolution. He’ll be a valuable key team member as we pursue significant growth with our multifaceted business model, especially as we engage global partners for licensing and joint ventures.”

McCollum is currently a partner at Dentons–one of the world’s largest multinational law firms. He maintains a keen interest in his native Florida as a long-time champion of the state’s growth as a haven for businesses that develop clean technology, especially technology that has positive social impact. “I’m excited and proud to be a part AML’s leadership.” said McCollum, “This is a company whose vision and innovations have the potential of transforming everything from energy production to space exploration, and it’s making Florida an even stronger gateway to a wide range of international markets.”

A Central Florida native, he served as Florida’s Attorney General from 2007 to 2011, where he addressed issues ranging from consumer protection to the Deepwater Horizon oil spill. Prior to his term as Attorney General, McCollum was a ten-term US Congressman, serving on the Judiciary, Banking and Intelligence committees, chaired subcommittees on Judiciary and Intelligence and served as Vice Chairman of the Banking Committee. He earned his Bachelor’s and Law degrees from the University of Florida. Early in his career, he practiced with a Florida firm specializing in insurance defense and was in the Navy Judge Advocate Generals Corps. He is a retired commander in the United States Naval Reserves, where he served for 23 years.

About Advanced Magnet Lab, Inc.
Founded in 1995, AML is at the leading edge for the development of innovative products and solutions for energy, medical and aerospace. Combining their unique expertise with proprietary design software, magnet technology and manufacturing processes, the company has a long history of successful applications. Validated by the Department of Energy, NASA, international laboratories, universities and corporations, AML is at the forefront for applying superconductivity into large wind turbine generators, large industrial motors, power transmission and propulsion systems.