HYPRES’ SQUID Array Technology Earns SBIR Phase 3 Contract

Elmsford, New York (January 28, 2010)—Hypres Inc., developer of the Digital-RF™ product line, achieved a significant milestone when its SQUID (Superconducting Quantum Interference Device) array technology earned an SBIR (Small Business Innovative Research) Phase III contract. In this phase, the company will collaborate with the US Navy Space and Naval Warfare Systems Center Pacific (SSC Pacific) to produce a high dynamic range Signals Intelligence (SIGINT) antenna with superior performance, and significant size, weight and power improvements over conventional antennas. Transitioning technologies to Phase III is the goal of every SBIR program and represents successful R&D and prototyping in the earlier phases.

“We are very excited about our success in SQUID array technology and look forward to working with our partners to transition it to mainstream weapon systems,” said Richard Hitt, Hypres CEO. “This important milestone was made possible by the dedication and expertise of Dr. Oleg Mukhanov and his team, and the excellent working relationship with the Navy.”

Dr. Mukhanov is senior vice president and general manager at Hypres and the key inventor of the technology behind the world’s fastest digital circuits. Hypres SQUID array research was initiated under a US Army SBIR Phase I project and transitioned to SSC Pacific in Phase II. The Phase III was supported by the Navy Transition Assistance Program (TAP), which provided business and market research support to accelerate the transition of the technology, and culminated with the Navy Opportunity Forum this past June in Washington, D.C.

Hypres is producing a variety of superconductor integrated circuits that feature unparalleled sensor and computing capabilities. The company is the leading commercial developer and supplier of superconductor electronics, and is also developing applications for mobile networking, medical imaging, instrumentation, and advanced computing.

###

About Hypres
Hypres, Inc., formed in 1983, develops and commercializes superconductor electronics that provide unparalleled economic and performance advantages for government and commercial wireless markets, and a host of other applications. Hypres’ technology is widely recognized as the leading solution to achieve a single RF system that is interoperable across all required waveforms and spectrum ranges. Headquartered in Elmsford, New York, Hypres is globally recognized as the leader in digital superconducting technology with the most accomplished team of superconductor specialists in the world. Hypres has delivered more different and complex superconductor circuits than any other institution worldwide.