MetOx International, a leading U.S.-based developer and manufacturer of high-temperature superconducting (HTS) wire, has secured a significant $25 million Series B Extension investment. This funding round welcomes key investors, including Centaurus Capital, an energy-focused family office, and New System Ventures (NSV), a premier climate and energy transition-focused venture firm. The investment signals a strong vote of confidence in MetOx’s rapid scaling of its XeusTM HTS wire technology, which is poised to play a crucial role in the energy transition.
MetOx’s proprietary manufacturing technology enables the production of HTS wire at a commercial scale, positioning the company at the forefront of the energy transition. This latest investment will be used to expand the company’s U.S.-based manufacturing capabilities, ensuring that MetOx can meet the rapidly growing domestic and global demand for HTS solutions.
High-temperature superconductors are revolutionizing critical energy sectors by enabling highly efficient transmission and distribution of electricity, including for data center applications. They are also key components in next-generation wind turbines, interconnections, and the high-field magnets required for magnetic containment fusion energy systems. By continuously innovating and scaling its HTS capabilities, MetOx aims to deliver transformational solutions that enhance existing energy infrastructure and support emerging applications in medical devices, aerospace, and defense sectors. These lightweight, high-power solutions offer unique advantages in these fields.
“This funding marks a pivotal step in our mission to revolutionize the energy and technology sectors with our advanced power delivery technology and accelerate delivery for our customers and partners,” said Bud Vos, CEO of MetOx. “HTS is critical to enhancing the efficiency of our electric grid and enabling technological developments that, in many cases, would not be viable or even possible without superconductor technology. Support from investors such as Centaurus and NSV not only provides the financial resources and strategic support required for accelerated scale-up but also validates the broad reach of our technology across energy, data center, medical, and defense industries.”
John Arnold, Founder of Centaurus, added, “MetOx has developed a robust and highly scalable operation, and we are thrilled to partner with the Company as it enters this pivotal growth stage. The market for HTS is expanding at an unprecedented pace, with demand for HTS far outweighing supply. MetOx is poised to be the leading U.S. HTS producer, closing the supply gap and bringing dramatic capacity to high-power innovations and applications. Their progress and potential are unmatched in the field, and we are proud to support their growth.”
“MetOx’s HTS technology aligns with our systems-level research and offers a unique opportunity to dramatically accelerate the energy transition,” said Ian Samuels, Founder and Managing Partner at NSV. “MetOx’s Xeus wire stands to be a force multiplier in clean energy generation and high-power transmission and distribution, enabling load growth and the deployment of power-dense data centers. NSV is excited to support MetOx as it scales domestic manufacturing capacity.”
About MetOx, Centaurus, and New System Ventures
MetOx is a developer and manufacturer of high-temperature superconducting wire. Leveraging proprietary production technologies, MetOx is accelerating its manufacturing scale-up to provide HTS solutions for energy transmission, wind power, fusion energy, medical applications, aerospace, and defense. MetOx is headquartered in Houston, Texas, USA.
Centaurus Capital is a family office focused on energy and infrastructure investments, with a focus on supporting companies that contribute to a sustainable energy future.
New System Ventures (NSV) invests in the world’s leading companies accelerating decarbonization and innovation across mobility, energy, and industry.
