Investor brief
The first SaaS platform built only for superconductors.
Superconductors are a hundred-year-old materials problem, and we turned it into a software one. Materials discovery software is general by design. Ours was built for superconductors and nothing else. Four of our five revenue lanes sell into the superconductors the world already uses, so the discovery is the upside and not the plan.
01 · The market
A $25B+ way in, to systems worth $10T+ / yr.
The first number is the superconductor market itself, by 2035 and growing ~12% a year. The second is what it is installed inside. Internal sizing estimate, not a third-party forecast.
Medicine
MRI · Every scanner is a superconducting magnet. More than 30,000 are installed.
Energy and the grid
Transmission cable · In the ground under Shanghai, Essen and Long Island. Rare because of the cold.
Compute and sensing
Quantum computers · Most of the largest processors are superconducting circuits, held near absolute zero.
Transport
Maglev · Japan's superconducting maglev reached 603 km/h on a test track.
Science and heavy industry
Particle accelerators · 1,232 superconducting dipoles bend the beam around 27 km at CERN.
None of these is a market we have to create. Every one of them is already built on a superconductor, and every one of them is capped by how cold that superconductor has to be kept.
NYSE: SES
SES AI
A materials platform, sold by subscription
NASDAQ: SDGR
Schrödinger
Software, co-development, and royalties
Acquired · 2024
Exscientia
A discovery platform, bought for roughly $680M
Reference valuations for how platforms like this are priced. Not a projection of our own.
02 · The model
Five ways this earns. Four are open today.
EDA software decides what chips get built, and takes a cut of everything built with it. That is our position in materials.
Chip designers do not ask their EDA vendor to invent the transistor. They bring the design they are stuck on, and the software says what will work before the fab spends a run. Most of the briefs semiconductor teams bring us start the same way: a nitride film, a bond to silicon, wiring into a cryostat.
01
Platform subscription
Research teams license the platform and run the searches themselves, on the superconductors the field already uses.
No discovery needed
02
Run it for them
For teams that only want the answer, we run the brief, one stuck step or a full search, and hand back the results.
No discovery needed
03
Co-development
We work alongside a customer's scientists toward a material that meets a specification they set.
No discovery needed
04
Build it with our partners
Our partner labs manufacture the candidates, so a customer ends up holding a sample instead of a prediction.
No discovery needed
05
License what we discover
New superconductors the platform turns up are ours to file, and manufacturers pay to use them.
Needs a discovery
3,214,880 candidates written against one brief · validated against the field's entire published record · brief to industrial-scale sample in about two months
Ruling out one candidate at a bench takes a furnace run: months, and tens of thousands of dollars, for a single answer. By our own arithmetic, the same money bought the sweep above: three million candidates, back in a week with iteration cycles included, five cleared for a bench.
Internal estimates from initial implementations, not audited figures.
03 · The moat
Twenty years of physics, under exclusive license.
Published, and licensed to us
Hyunsung TNC started this in 2006 and owns the estate, 20+ patents issued and pending. We hold the exclusive license, and the people who wrote it run the company.
We only keep what a lab can build
Generating candidates is easy. The value is choosing the few worth a furnace, and having partners who can make them.
It compounds with use
Every search a customer runs, and every candidate a partner lab builds and measures, trains the next version. The lead widens with time.
The founders
James Kim, Ph.D.
Wrote the framework, and is on both papers
Davis Rens
Built the platform, after cryogenics at Rigetti
Charlie Moon
Fifteen years running an electrification hardware business
04 · Momentum
Two papers, independent validation, and a first material of our own.
Where the record is public, the line links straight to it.
2026 Q2
CAN building candidates
CAN Superconductors, an industrial manufacturer, began building our candidates and advising on how to make them at scale.
2026 Q3
Selected · Plug and Play
Selected for semiconductor incubation at Plug and Play Neo City, presenting in August 2026.
2026 Q3
First novel superconductor synthesized
One of the platform's own candidates has been synthesized and measured: a superconductor that never existed before, not in a lab, not in nature. It is in characterization now, and the details stay ours until the filings are done.
05 · The raise
We are raising a $10M seed on a SAFE.
~45%
Team and model training
Senior machine-learning and materials hires, plus the compute to run the pipeline at scale.
~30%
Lab validation
Partner-lab synthesis and measurement, and the loop that feeds every result back into the models.
~15%
IP
Filings on candidates, on the routes to make them, and on the framework itself, with Wilson Sonsini as counsel.
~10%
Commercial
Opening the lanes that sell on materials the world already has.
Every industry in this brief is waiting on the same material. Whoever finds it first sets the terms for all of them.