Wednesday, Bruker Energy & Supercon Technologies Inc. or BEST, a subsidiary of Bruker Corp. (BRKR) announced that its Bruker EAS GmbH subsidiary in Hanau has been awarded a 24.5 million Euro contract or US$36 million to supply 37 metric tons of high-performance superconducting niobium-tin wire to the ITER international fusion energy project.
The company said that the order has been placed by Fusion for Energy or F4E, the Barcelona-based agency which is responsible for providing Europe's contribution to ITER. BEST expects to begin shipping the niobium-tin superconductor strands in the second half of 2010, with deliveries phased over the next 30 months thereafter.
The ITER project is a multi-billion dollar international collaboration of China, the European Union, India, Japan, Korea, Russia and the U.S., whose mission is to design and construct an experimental fusion reactor to demonstrate the scientific and technological feasibility of fusion power generation at a facility being sited in Cadarache, France.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.