Superconductor to move HQ to Austin
Superconductor Technologies, a company that produces high temperature superconducting materials for cell phones, is moving its corporate headquarters from Santa Barbara to Austin, Texas, the company said in a news release on Monday.
The company’s Conductus superconducting wire manufacturing center will also be based in Austin. Superconducter will continue to house some of its research and development and wireless operations in Santa Barbara.
The public company, which has been searching in many states for a new headquarters, said in the release it decided to relocate to Texas because of its technical talent pools, facilities and energy costs.
It also determined that Austin was the best place for the superconducting wire manufacturing center, which was a big factor in the company’s decision to relocate its headquarters to Texas because the center is expected to be its primary business in the future.
The company said the move isn’t expected to affect the number of employees it has in Santa Barbara. The news release didn’t reveal when the move will take place.
Superconducter was founded in Santa Barbara in 1987. Since then, it has developed manufacturing expertise and patents for interference elimination and network enhancement technology in the commercial wireless industry.