Introduction

Cutting Edge Superconductors is producing MgB2 bulk samples, powders, wires and tapes for the next generation cryogen-free 1.5T MRI based on our patented technology. This next generation MRI is designed to reduce the patient's MRI scan cost by about 40%, significantly enhancing public health services. We are in the process of establishing a manufacturing facility of MgB2 wires in Puerto Rico, which could create high tech jobs for the community. On September 28, 2023, CES discovered a Room Temperature Ambient Pressure Superconductor, named CES-2023 for the first time in the world. CES is investigating CES-2023 for application.

The primary customer is MRI companies, such as GE HealthCare [GE support letter] and ASG Superconductors, and potential customers including Siemens, Phillips, Toshiba, Hitachi. NMR manufacturing companies, such as Bruker and Jeol, are also potential customers, because NMR has the same helium shortage issues. In particular, Bruker wants to test our long length MgB2 wires for their NMR, in order to replace the current NbTi wires by our MgB2 wires.

The end user (the patients/insurance companies) have the opportunity to see the benefits of lower cost MRI imaging.

Deal Highlights

  1. A global leader in Next Generation Cryogen-free 1.5T MRI
  2. Patented technology registered in 7 countries: US, Germany, Netherlands, Italy, Japan, China, and Korea
  3. Frost and Sullivan North America Innovation Leadership Award for MRI Technology
  4. Experienced management team in Science, Technology, and Industry
  5. Collaborating with major MRI companies and Superconducting wire companies to bring Cryogen-free 1.5T MRI to market
  6. Inventor of Room Temperature Ambient Pressure Superconductor, named CES-2023

Success To Date

  • EnterPrize Business Plan competition – 1st Prize by Guayacan Group, $25,000, Dec. 2011.
  • InnoVenture Technology based Business Plan Competition – 2nd Prize by PR SBTDC, $15,000, June 2012.
  • Frost and Sullivan North America Innovation Leadership Award, Dec. 2013
  • NSF SBIR Phase I and Phase IB Awards, $180,000 for manufacturing MgB2 wires for cryogen-free 1.5T MRI in collaboration with LUVATA and GE Global Research, Matching funds from PR Science Trust, $210,000, June 2013 - June 2014.
  • NSF Innovation Corps Award for conductive polymeric material, $50,000, PI: Dr. Yong-Jihn Kim, June, 2016.
  • Small Business Innovation Incentive from Puerto Rico Industrial Development Company (PRIDCO) in collaboration with LUVATA and GE Global Research, $50,000, March, 2019 - March, 2023.
  • Job Creation Incentive and Equipment Purchase Incentive from Puerto Rico Department of Economic Development and Commerce, $80,000, March, 2023.
  • Discovery of Room Temperature Ambient Pressure Superconductor, named CES-2023, September 28, 2023.

Problem

Liquid helium is a cryogenic liquid for the operation of MRI at 4K. In recent years we have seen the global helium supply crisis impacting the MRI industry [1, 2] and Scientific community [3]. For instance, in October and November 2022, NBC News and Forbes reported that it may lead to a medical crisis, because the future of MRI is uncertain [1, 2]. On June 24, 2022, Harvard Crimson also reported that Harvard Physics labs were forced to shut down equipment and suspend projects due to the Helium shortage [3]. About 30% of Helium is consumed for MRI, whereas about 14% of Helium is consumed for laboratory applications in the US.

An MRI needs about 1,700 liters of liquid Helium to operate at 4K [1]. In the US, over 12,000 MRIs are operating. The price of helium was about $5 per liter a decade ago, however it is over $20 per liter now and fluctuating [4].

We believe Cutting Edge Superconductors (CES) is a leader in helium cryogen-free 1.5T MRI and cryogen-free NMR, based on its patent on MgB2 superconductor technology. Dr. Kim, CEO of CES, identified the superconducting mechanism of MgB2, the most important scientific problem in MgB2 research, by inventing the Testardi correlation technique, spotlighted in a review paper on MgB2 [5] in 2001. Furthermore, he invented the world's best patented technique for producing the highest critical current density of MgB2 wires and founded CES in 2011.

CES also discovered a Room Temperature Ambient Pressure Superconductor, named CES-2023 on September 28, 2023 [10] and this material and its manufacturing method are patent pending.

Solution

Cutting Edge Superconductors (CES) has an international patent for increasing critical currents of MgB2 wires and tapes, enabling cryogen-free 1.5T MRI and cryogen-free NMR. The patent is registered in 7 countries, such as US (7,791,343), EU (2,173,247, registered in Germany, Netherlands, and Italy), Japan (5,792,462), China (1,258,335), and Korea (10-1092345). This next generation MRI is designed to reduce the patient's MRI scan cost by about 40%, significantly enhancing public health services.

CES manufactures its proprietary MgB2 bulk samples, Fig. 1, and Nickel sheathed MgB2 wires, Fig. 2. Our MgB2 wires show superb critical current behavior compared to other company’s wires, as shown below, Fig. 3.

On September 28, 2023, CES discovered a Room Temperature Ambient Pressure Superconductor, named CES-2023, Fig. 4, and this material and its manufacturing method are patent pending. Fig. 5 shows the levitation of CES-2023 beside a 90 degree tilted magnet, called quantum locking, the fingerprint of superconductivity.

Fig. 1. CES’s proprietary MgB2 bulk samples
Fig. 2. CES’s Ni sheathed MgB2 wire
Fig. 3. Comparison of critical current densities of MgB2 wires from CES and Hypertech research
Fig. 4. Room Temperature Ambient Pressure Superconductor, named CES-2023, patent pending.
Fig. 5. Levitation of CES-2023 beside a 90 degree tiled magnet, with thin edge, barely touching the magnet and thick part away from the magnet, showing quantum locking.

Business Model

CES is planning to supply its proprietary MgB2 material to superconducting wire companies and MRI companies to cover the global MRI market. Each MRI needs 20 km long MgB2 wires and tapes that require 20kg of MgB2 material.

CES plans to charge $100,000 for 20kg MgB2 material. CES is planning to produce tons of its proprietary MgB2 material per year, and is planning to also sell the licensing of its worldwide patented technology, for MgB2 bulk samples, powders, MgB2 wires and tapes, and related apparatus, including magnets, MRI, and NMR. Licensing deals are expected to contribute with an upfront fee and royalties of about 3%-5% of the gross sales.

The MRI market size in 2021 is estimated to be $7.26 Billion and is predicted to reach $12 Billion by 2030 with a CAGR (Compound Annual Growth Rate) of 6.2%.
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Yahoo! Finance

Market

The MRI market size in 2021 is estimated to be $7.26 Billion and is predicted to reach $12 Billion by 2030 with a CAGR (Compound Annual Growth Rate) of 6.2% [1]. Since the current market size figure needs subscription, we show the market size estimate up to 2016, $5.4 Billion in Fig. 1. The current shortage of Helium may lead to a medical crisis [2]. NMR (Nuclear Magnetic Resonance) can be regarded as a small scale MRI for materials study. It has a market size of $0.86 Billion in 2020 [3]. Our CES-2023 may impact global markets of over $1 Trillion value due to the following advantages:

  1. No energy loss, impacting electric power transmission and distribution, market size, $318 B, in 2022 [4]
  2. No heat, impacting PCB (Printed Circuit Board), market size, $87.8 B, in 2022 [5], impacting smartphone, market size, $485 B, in 2022 [6], impacting electric appliances, market size, $523 B, in 2022 [7].
  3. No cooling, impacting MRI and NMR, market size, $8 B, in 2022 [1,3].
Fig. 1. MRI Market size

Team

Yong-Jihn Kim, Ph. D.
President and CEO
Proven record of excellence in superconductivity. He identified the superconducting mechanism in MgB2, the most important scientific problem in MgB2 research. He also invented a patented technique to produce the highest critical current densities of MgB2 for next generation cryogen-free 1.5T MRI. Based on this technique, he founded Cutting Edge Superconductors (CES), Inc. on November 22, 2011, in Mayaguez, Puerto Rico. On September 28, 2023 he discovered the Room Temperature Ambient Pressure Superconductor, named CES-2023, for one of the first times in the world.
Hem Kanithi, Ph. D.
Senior Technical Advisor
Former Business Development VP and Head of R&D at LUVATA, no.1 manufacturer of superconducting wires for MRI. He developed process technology for NbTi to exhibit some of the highest critical current densities available today while attaining long piece lengths on an industrial scale. As a result, LUVATA currently supplies NbTi products to produce over 1/3 of global MRI scanners.
Victor M. Rivera-Burgos
Senior Strategy Advisor
A seasoned Strategic Alliance Developer & Promoter of Collaborative Business Relationships, who has published several e-books on the Business Collaboration Process and has been a member of the Association of Strategic Alliance Professionals since 2013.
▪ Experience at the local, regional, and national level managing business and economic development programs/projects (New York Director and Regional Director of U.S. Small Business Administration and National Director of Minority Business Development Agency/U.S. Department of Commerce).
▪ International experience in economic development includes heading the Latin America and Caribbean Bureau at the U.S. Agency for International Development (AID), administering its $1.5 billion economic assistance program. This position required U.S. Senate confirmation.
▪ SBA District Office of the Year Award and Arthur S. Flemming Award as “One of the Ten Outstanding Young Men in Federal Service.”

Use of Proceeds


If the offering's maximum amount of $598,212 is raised:

UseValue% of Proceeds
Compensation for Managers$100,00016.7%
Equipment$100,00016.7%
Materials and Inventory$100,00016.7%
Research and Development$163,90027.4%
Intellectual Property ("IP") Expense$30,0005.0%
Travel$50,0008.4%
Rent and Utilities$25,0004.2%
Intermediary fees$29,3124.9%

Terms

This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in Cutting Edge Superconductors, Inc. . This offering must reach its target of at least $10,000 by its offering deadline of October 28, 2024 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.

If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:

128,757,663 shares
×
$0.10 per share
$12,875,766implied valuation

Financials

These financial statements have been reviewed by an independent Certified Public Accountant.

CPA review letter

SEC Filings

The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.

We’re also required to share links to each of the SEC filings related to this offering with investors.

Understand the Risks

Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.

Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.

The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

More Info

Updates

  • Oct 11, 2024
    • Cutting Edge Superconductors submitted a...

    • Cutting Edge Superconductors submitted a proposal to 2024 LIFT Ecosystem Accelerator Program (LEAP). Oct.11, 2024.

    Title of the Project: Developing Room Temperature Ambient Pressure Superconductor, CES-2023, for High Temperature Materials and Advanced Materials.

    Budget: $250,000

    https://lift.technology/project-calls/

    Read more2024 leap project submission.jpg
  • Oct 8, 2024
    Cutting Edge Superconductors submitted a...

    Cutting Edge Superconductors submitted a proposal to DOE SBIR, in collaboration with Princeton Plasma Physics Laboratory. October 8, 2024.

    Title of the proposal: Room Temperature Ambient Pressure Superconductor for Superconducting Magnets => This project is for building “no cooling superconducting tokamak”. Budget: Phase I, $200,000, Phase II, $1.1M.

    => https://science.osti.gov/sbir => https://www.pppl.gov/

    Read moreDOE SBIR submission - oct 8 2024.jpg
  • Sep 25, 2024
    Dr. Yong-Jihn Kim, CEO, will give an invited...

    Dr. Yong-Jihn Kim, CEO, will give an invited talk on October 22, 2024, at the 3rd International Conference on Physics and Its Applications, Boston, MA.

    Title of the talk: Room Temperature Ambient Pressure Superconductor, CES-2023, and Its Applications.

    Read morePhysics-2024- presentation - YJ Kim.png
  • Sep 19, 2024
    Check out our viral video on TikTok of our ...

    Check out our viral video on TikTok of our room temperature ambient pressure superconductor, CES-2023.

    Check out our viral TikTok video!
  • Aug 27, 2024
    Cutting Edge Superconductors submitted a Letter...

    Cutting Edge Superconductors submitted a Letter of Intent (LOI) to DOE SBIR, entitled “Room Temperature Ambient Pressure Superconductor for Superconducting Magnets”, August 26, 2024.

    https://science.osti.gov/SBIR

    Phase I: $200,000 for 6 - 12 months, Phase II: $1.1M for 2 years.

    Read moreLOI - DOE SBIR - CES - August 26 2024 -2.jpg
  • Aug 27, 2024
    We are happy that Cutting Edge Superconductors...

    We are happy that Cutting Edge Superconductors has been accepted for the DOE (Department of Energy) PHASE 0 Assistance Program for DOE SBIR Applications.

    https://doephase0.dawnbreaker.com/

    We are preparing a DOE SBIR Proposal, entitled “Manufacturing No Cooling Superconducting Magnets for Fusion Pilot Plants, Employing a Room Temperature Ambient Pressure Superconductor, CES-2023”. The deadline is October 8, 2024.

    Read more
  • Aug 24, 2024
    Dr. Yong-Jihn Kim attended the BE (Boricua...

    Dr. Yong-Jihn Kim attended the BE (Boricua Emprende) FEST 2024, held in Ponce, Puerto Rico, on August 23, 2024.

    He talked to Puerto Rico Government Officers for Small Business Incentives and Support from DDEC (Department of Economic Development and Commerce), including the Secretary of DDEC.

    https://boricuaentrepreneurfest.com/

    Read moreDDEC Secretary - Manuel Cidre - 2.jpg
  • Aug 23, 2024
    Filed Form C/A
  • Aug 21, 2024
    The following question was asked, and we...

    The following question was asked, and we believe that it is a good question to address. What is your Exit strategy?

    Our exit strategy is IPO through NASDAQ and it may take a few years.

    Read more
  • Aug 18, 2024
    We are in the process of extending our...

    We are in the process of extending our netcapital offering two more months, until October 28, 2024. We will continue equity crowdfunding to raise $600,000.

  • Aug 10, 2024
    Dr. Yong-Jihn Kim's invited talk is one of the...

    Dr. Yong-Jihn Kim’s invited talk is one of the featured talks at the 3rd International Conference on Physics and Its Applications that will be held in Boston, MA, October 21 - 23, 2024.

    Title of the talk: “Room Temperature Ambient Pressure Superconductor, CES-2023, and Its Applications”.

    https://physics.unitedscientificgroup.org/

    Read morephysics-2024- featured talks.jpg
  • Aug 2, 2024
    • NextBigFuture.com featured Cutting Edge...

    • NextBigFuture.com featured Cutting Edge Superconductors, “Startup Works to Prove a Room Temperature Superconductor LK99 Variant”, August 1, 2024, Brian Wang,

    https://www.nextbigfuture.com/2024/08/startup-works-to-prove-a-room-temperature-superconductor-lk99-variant.html

    Read morenextbigfuture logo.jpg
  • Jul 30, 2024
    Cutting Edge Superconductors submitted a...

    Cutting Edge Superconductors submitted a proposal to NASA SBIR Ignite, July 30, 2024. The title of the proposal is “Optimization of a Novel Room Temperature Ambient Pressure Superconductor for Aviation Applications”. Phase I: $150,000, 6 months Phase II: $850,000, 2 years

    https://www.nasa.gov/sbir_sttr/sbir-ignite/

    Read morenasa sbir ignite - submission - July 30 2024.jpg
  • Jul 16, 2024
    Business-oriented pitch deck, July 15,...

    Business-oriented pitch deck, July 15, 2024.

    https://www.youtube.com/watch?v=w_ULfVptMrI&t=0s

    Read more
  • Jul 5, 2024
    New Pitch deck, July...

    New Pitch deck, July 2024.

    https://www.youtube.com/watch?v=XBE2xdNSoog&t=0s

    Highlights:

    1. CES-2023 can revolutionize the most Tech Industries of over $5 Trillion value.
    2. Both preliminary resistance measurement and quantum locking show Tc = 104 C = 377 K.
    3. Almost ready for mass production of CES-2023 for commercialization.
    Read more
  • Jun 26, 2024
    Filed Form C/A
  • Jun 20, 2024
    We are in the process of extending our offering...

    We are in the process of extending our offering two more months, until the end of August. We may increase our share price from September, because we are getting closer to commercializing our CES-2023, Room Temperature Ambient Pressure Superconductor.

  • Jun 20, 2024
    Dr. Kim will give an invited talk on our...

    Dr. Kim will give an invited talk on our CES-2023, room temperature ambient pressure superconductor, at the 3rd International Conference on Physics and Its application, that will be held in Boston, MA, in October 21 - 23, 2024.

    The title of the talk is “Room Temperature Ambident Pressure Superconductor, CES-2023, and Its Applications”.

    https://physics.unitedscientificgroup.org/experts

    Read morePhysics - 2024 - experts.pdf
  • Jun 18, 2024
    Summary of Materials - 2024 presentation by Dr....

    Summary of Materials - 2024 presentation by Dr. Kim.

    1. Superconductor Exclusion Principle for a small size room temperature superconductor was proposed.
    2. CES-2023 has the transition temperature Tc=104 degrees C, according to the quantum locking, based on the Meissner effect and the preliminary resistance measurement.
    3. CES-2023 is formed as an impurity phase in the modified LK-99 that can be made by adding catalysts and some other elements.
    4. Modified LK-99 has crystalline phase and amorphous phase, including ferromagnetic whiskers.
    5. Preliminary resistance measurement with low purity CES-2023 sample, with a few percent of superconducting part shows Tc around 104-degree C. (Resistance vs T of LBCO by Bednorz and Muller is also included for comparison.)
    6. Resistance measurement with pure CES-2023 will be done soon. Stay tuned!
    Read morepreliminary R - T data - arrow.png
  • May 28, 2024
    • Updated Presentation Day: On June 10, 2024,...

    • Updated Presentation Day: On June 10, 2024, at 12:00PM, in San Francisco, CA, Dr. Kim will give an Invited Talk on our CES-2023, Room Temperature Ambient Pressure Superconductor at the 5th International Conference on Materials Science and Engineering.

    https://materials-meetings.com/program/MAT-PROGRAM.pdf

    Read morematerials - 2024 - updated - YJ Kim.png
  • May 22, 2024
    • Cutting Edge Superconductors has advanced to...

    • Cutting Edge Superconductors has advanced to the Round 2 Quarter-Finals of the 2024 Pepperdine Most Fundable Companies Competition.

    Most Fundable Companies - Discover the Next Big Thing (pepperdine.edu)

    Read moremost-fundable-companies-impact.png
  • May 22, 2024
    Testing the resistance vs temperature...

    Testing the resistance vs temperature measurement for Bi-2223 sample. You can see the result here, https://www.youtube.com/@CuttingEdgeSuperconductors/community

    We need to use a more powerful power supply.

    Read moresample holder with Pt resistor - Bi-2223.jpg
  • May 19, 2024
    We are building a resistance measurement setup...

    We are building a resistance measurement setup from room temperature to 125 degrees Celsius. We need to get good resistance measurement data before the 5th International Conference on Materials Science and Engineering, in San Francisco, CA, June 10 - 12.

    You can see the resistance measurement setup on our company YouTube,

    https://www.youtube.com/@CuttingEdgeSuperconductors/community

    Read moreresistance setup - 2.jpg
  • May 16, 2024
    On June 11, at 11:40AM, in San Francisco, CA,...

    On June 11, at 11:40AM, in San Francisco, CA, Dr. Kim will give an invited talk on “Superconductor Exclusion Principle for identifying a room temperature ambient pressure superconductor” at the 5th International Conference on Materials Science and Engineering. Stay tuned!

    https://materials-meetings.com/program/MAT-PROGRAM.pdf

    Read moreMaterials-2024 schedule - Kim.png
  • May 15, 2024
    NSF SBIR Phase I Proposal, submitted on May 14,...

    NSF SBIR Phase I Proposal, submitted on May 14, 2024. Title: Manufacturing and characterization of Room Temperature Ambient Pressure Superconductor Phase I: $275,000 + $100,000 (cash match, Puerto Rico Science Trust). Collaborators: UPRM (Prof. O Suarez), William & Mary (Prof. M. Qazilbash & Prof. Hyun-Tak Kim)

    https://seedfund.nsf.gov/

    Read moreNSF SBIR submission confirmation - CES - 2.png
  • May 11, 2024
    Netcapital May Demo Day, May 10, YouTube...

    Netcapital May Demo Day, May 10, YouTube link,

    https://www.youtube.com/watch?v=ABTt-gj4ZA4

    Read more
  • May 10, 2024
    It is interesting that some CES-2023 sample...

    It is interesting that some CES-2023 sample shows ceramic structure, including Hexagon shape, from SEM (Scanning Electron Microscope) image.

    Read moreSEM- CES-2023 - C- 1.png
  • May 10, 2024
    Thank you for joining us on Netcapital May Demo...

    Thank you for joining us on Netcapital May Demo Day, May 8th. Dr. Kim gave a short presentation on our company projects and Victor talked about the advantages of investing in Puerto Rico.

    Read more
  • May 3, 2024
    The Netcapital May Demo day starts at 4:00PM...

    The Netcapital May Demo day starts at 4:00PM EST on May 8th, next Wednesday. (There may be some confusion on the time.) You can see the zoom registration website,

    https://us06web.zoom.us/webinar/register/8717144977269/WN_ootDU7XZTCeNhWa2r8G_ZA#/registration

    Read morenetcapital May demo day - May 8th.png
  • Apr 29, 2024
    Cutting Edge Superconductors will give a...

    Cutting Edge Superconductors will give a presentation on May DEMO day by Netcapital on May 8, at 3:45 - 5:00PM, AST. We will provide the information on the current status of our CES-2023 R&D and NSF SBIR proposal submission.

    Please come join us!

    => Invitation: HOLD: May Demo Day @ Wed May 8, 2024 3:45pm - 5pm (AST) (kim@ceswire.com)

    May demo day - CES.png
  • Apr 29, 2024
    Filed Form C/A
  • Apr 26, 2024
    You can see the heat treated pellet sample of...

    You can see the heat treated pellet sample of CES-2023 in our youtube community. https://www.youtube.com/@CuttingEdgeSuperconductors/community

    We will measure its resistance as a function of temperature. We can determine the Tc from the temperature dependence of resistance. Stay tuned!

    Read morepellet - set 2 - CES-2023 - heat treated.png
  • Apr 24, 2024
    Two pellet samples, made last week. We are...

    Two pellet samples, made last week. We are testing these samples. We are getting close to make good quality pellet samples of CES-2023. Stay tuned!

    https://www.youtube.com/@CuttingEdgeSuperconductors/community

    Read moretwo pellets - april 22 2024.png
  • Apr 17, 2024
    We are in the process of extending our offering...

    We are in the process of extending our offering until the end of June, 2024. We will continue equity crowdfunding to raise $600,000. Currently we are also talking to several big investors who are willing to invest more than $100,000. We will hire a marketing company to boost our campaign soon.

    Read more
  • Apr 16, 2024
    The title of our full proposal for NSF SBIR is...

    The title of our full proposal for NSF SBIR is “Manufacturing and characterization of Room Temperature Ambient Pressure Superconductor”.

    Note that the full proposal submission is invitation only, based the submitted Project Pitch. Our Project Pitch was accepted in one business day, whereas it may take up to one month.

    https://seedfund.nsf.gov/apply/get-started/

    Read moreNSF SBIR Timeline.jpg
  • Apr 16, 2024
    NSF SBIR just informed us that the full...

    NSF SBIR just informed us that the full proposal submission is accepted from April 15 to May 15, 2024. We will submit our proposal early May, with UPRM (Prof. O. Suarez) and College of William and Mary (Prof. Mumtaz Qazilbash, Prof. Hyun-Tak Kim).

    Note that the Phase I budget is $275,000 from NSF SBIR and extra $100,000 matching fund from Puerto Rican Science Trust.

    https://seedfund.nsf.gov/

    https://prsciencetrust.org/sbir/

    Read morensf sbir - submission window - april 15 - May 15.png
  • Apr 14, 2024
    We are making pellet samples of our...

    We are making pellet samples of our CES-2023. They are shiny before heat treatment. We need to make 100% pure CES-2023 samples with size 10mm for mass production. The preliminary test results can be available within a week. Stay tuned!

    https://www.youtube.com/@CuttingEdgeSuperconductors/community

    read morepellet sample - ces-2023.png
  • Apr 12, 2024
    According to the Invitation from NSF SBIR,...

    According to the Invitation from NSF SBIR, currently we are writing a full Proposal for NSF SBIR, entitled “Manufacturing and characterization of Room Temperature Ambient Pressure Superconductor”, in collaboration with UPR Mayaguez (Prof. O. Suarez) and College of William and Mary (Prof. Mumtaz Qazilbash, Prof. Hyun-Tak Kim). The draft of Cooperative Research Agreement has been prepared.

    NSF SBIR will accept the full proposals in the coming weeks.

    https://seedfund.nsf.gov/apply/full-proposal/

    Read more
  • Mar 27, 2024
    You can see title of Dr. Kim's invited talk at...

    You can see title of Dr. Kim’s invited talk at Materials 2024 Conference, “Superconductor Exclusion Principle for identifying a Room temperature Ambient Pressure Superconductor” from the Tentative program.

    https://www.youtube.com/channel/UCe8ci00vTNdoj5fyg0e4rvw/community?lb=Ugkx9MHtKqgrSSJn0Ya27vjfvh3ih9greZmo

    https://materials-meetings.com/index

    Read moretentative program - kim.png
  • Mar 25, 2024
    Filed Form C/A
  • Mar 23, 2024
    You can see the picture of Dr. Kim on the...

    You can see the picture of Dr. Kim on the Materials 2024 Conference website presenters’ section. He joined the Conference at the last moment.

    https://materials-meetings.com/presenters

    Read more
  • Mar 22, 2024
    Dr. Yong-Jihn Kim, CEO, invited to give an...

    Dr. Yong-Jihn Kim, CEO, invited to give an Invited Talk on “Superconductor Exclusion Principle for identifying a Room Temperature Ambient Pressure Superconductor” at the 5th International Conference on Materials Science and Engineering that will be held in San Francisco, CA, June 10 -12, 2024.

    https://www.materials-meetings.com/index

    Read more
  • Mar 17, 2024
    Some people asked us when we may do IPO? In...

    Some people asked us when we may do IPO? In fact, our company was preparing S-1 Prospectus form several years ago. So, when our revenue reaches over $1 M, we are planning to prepare S-1 Prospectus form for IPO through NASDAQ. It may take 3 years.

    Read more
  • Mar 17, 2024
    Hi, The applications of our CES-2023, Room...

    Hi, The applications of our CES-2023, Room Temperature Ambient Pressure Superconductor may be huge, impacting multi-Trillion dollar value markets. You can see the short video for the applications in our company YouTube channel,

    https://www.youtube.com/watch?v=z8JIM2BFjvg

    Read more
  • Mar 15, 2024
    We have submitted our preprint entitled...

    We have submitted our preprint entitled “Superconductor Exclusion Principle for Identifying a Room Temperature Ambient Pressure Superconductor” to an International Journal with a good impact factor. Once accepted, we will pay the fee for open access for everyone. #lk99

    Read morejournal submission - march 15.png
  • Mar 12, 2024
    Dr. Yong-Jihn Kim, CEO, is trying to organize...

    Dr. Yong-Jihn Kim, CEO, is trying to organize an International Conference on LK-99 related materials this summer (late July 2024) in Korea or China.

    Stay tuned!

    Read moreInt Conf - LK-99 and related materials.png
  • Mar 11, 2024
    Our manuscript of "Superconductor Exclusion...

    Our manuscript of “Superconductor Exclusion Principle for Identifying a Room Temperature Ambient Pressure Superconductor” is ready for submission with minor revisions for better chance of acceptance, according to the Submission Readiness Check by an International Journal with a good impact factor. #lk99

    https://www.youtube.com/channel/UCe8ci00vTNdoj5fyg0e4rvw/community?pvf=CAI%253D

    Read moresubmission readiness - SEP - 8.png
  • Mar 10, 2024
    Part of the Abstract entitled "Superconductor...

    Part of the Abstract entitled “Superconductor Exclusion Principle for Identifying a Room Temperature Ambient Pressure Superconductor”.

    We are getting advice for the preprint from our colleagues. It will be posted on Arxiv and submitted to an International Journal of Superconductor this week.

    https://www.linkedin.com/posts/yong-jihn-kim-35004422_lk99-activity-7172573803506577409-fAa1?utm_source=share&utm_medium=member_desktop

    Read moreAbstract - part - Superconductor Exclusion Principle.png
  • Mar 8, 2024
    Color of our room temperature ambient pressure...

    Color of our room temperature ambient pressure superconductor: Black. Some gray color samples are barely superconducting. Copper rich samples are not superconducting, although they have very low resistance, like copper.

    https://www.youtube.com/@CuttingEdgeSuperconductors/community

    Read more
  • Mar 5, 2024
    The transition temperature of our CES-2023 is...

    The transition temperature of our CES-2023 is 377 K = 104 C with uncertainty of 3 degree. More accurate measurement will be done soon. Stay tuned!

    https://www.youtube.com/watch?v=XVgzs_TrSIs

    Read more
  • Feb 27, 2024
    Another levitation video is posted on our...

    Another levitation video is posted on our Youtube website,

    https://www.youtube.com/watch?v=SRHNZfrzHjQ

    It shows the flux pinning, clear evidence of room temperature superconductivity, although the response is slow, presumably due to the sample quality.

    Read more
  • Feb 26, 2024
    Our NSF SBIR Project Pitch was accepted in one...

    Our NSF SBIR Project Pitch was accepted in one business day, whereas the acceptance can take up to 1 month.
    I attached the NSF SBIR timeline.

    It shows that the NSF SBIR Program Director is very much interested in our CES-2023 NSF SBIR proposal.

    Read moreNSF SBIR Timeline.jpg
  • Feb 25, 2024
    Some expert informed me that device physicists...

    Some expert informed me that device physicists can measure the resistance of small samples like our current CES-2023,

    Brookhaven National Laboratory, Center for functional nanomaterials, https://www.bnl.gov/cfn/equipment/details.php?q=300090

    Prof. Khondaker at Univ. of Central Florida, https://physics.ucf.edu/~khondaker/facilities.htm.

    We can contact them for resistance measurement of our CES-2023 within this March. Stay tuned!

    Read more
  • Feb 22, 2024
    Only CES-2023 shows Levitation, Quantum...

    Only CES-2023 shows Levitation, Quantum locking, and Diamagnetism in one sample, 100% Proof of the Room Temperature Ambient Pressure Superconductor! #lk99 #science.

    https://www.linkedin.com/posts/yong-jihn-kim-35004422_lk99-science-activity-7166439004035366912-ZRhK?utm_source=share&utm_medium=member_desktop

    Read more
  • Feb 13, 2024
    Cutting Edge Superconductors, invited to submit...

    Cutting Edge Superconductors, invited to submit a Full Proposal on CES-2023 to NSF SBIR, Phase I, $275,000, Phase II, $1M. Submission of a Full Proposal to NSF SBIR is Invitation Only.

    Collaborators: UPRM (Prof. Suarez), College of William and Mary (Prof. Mumtaz Qazilbash, Prof. Hyun-Tak Kim).

    Prof. Hyun-Tak Kim is our company’s Senior Consultant (자문 위원).

    Read more
  • Feb 5, 2024
    Filed Form C/A
  • Jan 31, 2024
    Netcapital equity crowdfunding video for...

    Netcapital equity crowdfunding video for discovery of Room Temperature Ambient Pressure Superconductor, named CES-2023.

    read more
  • Jan 31, 2024
    Press Release on the discovery of Room...

    Press Release on the discovery of Room Temperature Ambient Pressure Superconductor, named CES-2023, on September 28, 2023.

    Read morePress Release - Room Tempertaure Ambient Superconductor - CES-2023 - January 7 2024.pdf
  • Jan 31, 2024
    Primary offering of 5,982,120 shares at $0.10
  • Jan 31, 2024
    Filed Form C
  • Aug 31, 2023
    Primary offering finalized, selling 275,543 shares
    Sold 275,543 shares at $0.07 for a total of $19,288.01
    See offering
  • Aug 30, 2023
    Dear shareholders, We appreciate your support...

    Dear shareholders,

    We appreciate your support by participating in our crowdfunding campaign on Netcapital.

    Currently we are restructuring our company by recruiting several professionals. In addition, we are working hard testing our proprietary MgB2 wire technology with our business partners, to prove its effectiveness and superiority in the superconductor market.

    We want to pause our equity crowdfunding campaign for a few months. We will announce when we resume the equity crowdfunding campaign.

    Once again, thank you for your support and stay tuned.

    If you have any questions, you can contact me through LinkedIn, https://www.linkedin.com/in/yong-jihn-kim-35004422/, or send me an email at kim@ceswire.com.

    Read more
  • Aug 24, 2023
    1. LK-99 thin film on a...
    1. LK-99 thin film on a magnet,

    https://www.linkedin.com/posts/cutting-edge-superconductors-inc-_lk99-activity-7100484895784792064-TKaJ?utm_source=share&utm_medium=member_desktop

    1. LK-99 whisker on a magnet,

    https://www.linkedin.com/posts/cutting-edge-superconductors-inc-_lk99-activity-7100485726173102080-9oMw?utm_source=share&utm_medium=member_desktop

    Read more
  • Aug 22, 2023
    LK-99, the 1st sample, test results: electrical...

    LK-99, the 1st sample, test results: electrical resistivity ~ 1.77X10^-1 ohm cm, and ferromagnetic. The 2nd sample will be made during this week to reduce the resistivity and induce the diamagnetic behavior. Resistance = 2.65 ohm. Stay tuned. #lk99

    Read more
  • Aug 18, 2023
    Cutting Edge Superconductors is ready to...

    Cutting Edge Superconductors is ready to produce lk-99, modified Lead-Apatite. The first sample will be available early next week. We will figure out whether it is a Room Temperature Superconductor or not. Stay tuned. #LK99

    Read more
  • Aug 17, 2023
    Recently we have got $100,000 for equipment...

    Recently we have got $100,000 for equipment purchases from Puerto Rico Department of Economic Development and Commerce (DDEC) and Department of Housing. We will order the necessary equipment to produce our proprietary MgB2 wire soon. Our manufacturing facility can be fully up until the end of this year, and we can produce our proprietary MgB2 wires and tapes early next year.

    Read more
  • Aug 16, 2023
    Leadforce just engaged in our equity...

    Leadforce just engaged in our equity crowdfunding campaign. I hope we can get more investors.

    Read more
  • Aug 9, 2023
    Cutting Edge Superconductors will make LK-99 by...

    Cutting Edge Superconductors will make LK-99 by pellet technique and powder-in-tube (PIT) technique during August. We will measure electrical resistance and check quantum locking to figure out whether LK-99 is a room temperature superconductor or not. Stay tuned!

    read more
  • Aug 6, 2023
    Room temperature...

    Room temperature superconductors? https://lnkd.in/gn8yNZr8

    Dr. Yong-Jihn Kim has an idea to make a possible room temperature superconductor, improving high Tc cuprates. Invest in Cutting Edge Superconductors, a global leader in superconductor technology.

    Read more
  • Jul 19, 2023
    Helium-free MRI is possible, Facebook...

    Helium-free MRI is possible, Facebook ad,

    https://www.facebook.com/reel/1460785188038208

    Watch now
  • Jul 14, 2023
    Exit Strategy, Our exit strategies are the...

    Exit Strategy,

    Our exit strategies are the following.

    1. IPO (Initial Public Offering) through NASDAQ

    2. Strategic Acquisition or Merger with a major MRI company or a major Superconducting wire company

  • Jul 13, 2023
    Business model, Our business model consists of...

    Business model,

    Our business model consists of selling licenses for cryogen-free 1.5T MRI based on our proprietary MgB2 wires. Non-exclusive licensing is preferred for our business model; however, we could consider an exclusive licensing deal.

    Licensing our proprietary technology will provide us with the cash flow needed to achieve our goal of establishing a manufacturing facility to produce MgB2 wires in Puerto Rico. When the facility is completed, we will produce and sell our proprietary MgB2 wires for cryogen-free 1.5T MRI and cryogen-free NMR directly to prospective clients.

  • Jul 12, 2023
    Dividend Policy The longest-established...

    Dividend Policy

    The longest-established companies where they have reached their growth cap are the ones that typically tend to pay dividends. Companies that are in a growth stage, like ours, generally reinvest any excess capital in their operations in order to reach their optimal production level.

    When our company has enough profits, dividends can be paid out to shareholders.

  • Jul 6, 2023
    Cutting Edge Plastics is a separate company in...

    Cutting Edge Plastics is a separate company in collaboration with Cutting Edge Superconductors (CES), fully owned by our founder Dr. Yong-Jinh Kim. Any merger or acquisition by CES in the future will be properly announced to our shareholders by press release or in our quarterly report, as soon as we start the process.

    For now, we are focusing on our crowdfunding campaign for Cutting Edge Superconductor and our enhanced MgB2 products.

    Thank You

    Read more
  • Jun 30, 2023
    Primary offering of 14,285,715 shares at $0.07

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