VEIR
VEIR develops superconducting power delivery systems using liquid nitrogen–cooled HTS cables, serving AI data centers, utilities, and renewable energy developers with 10x power density versus copper.
- Company typePrivate
- Founded2019
- HeadquartersWoburn, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What VEIR does
VEIR is a private superconducting power delivery company founded in 2019 and headquartered in Woburn, Massachusetts. The company designs and manufactures high-temperature superconductor (HTS) power systems that transmit electricity with near-zero resistive loss using liquid nitrogen cooling, delivering 10x the power density of conventional copper infrastructure. Its product platform consists of two series: the SL Series (low-voltage, 480 VAC and 800 VDC, 3–10 MW capacity in a 4-inch diameter cable) targeting data center power blocks and white-space feeders, and the ST Series (medium-voltage, 34.5 kV, >200 MW in a 6-inch diameter cable) targeting behind-the-meter and grid-connection applications. Both share a four-component architecture: superconducting cable, termination units, liquid nitrogen cooling system, and operations/maintenance control system.
VEIR targets hyperscalers, AI data center owners and operators, utilities, and renewable energy developers. The company sells through direct enterprise field sales, working closely with customers on design-to-build deployment. Its STAR (Superconducting Technology for AI Racks) demonstration successfully delivered 3 MW via a single low-voltage cable in November 2025, marking commercial readiness for data center applications; full commercialization is planned for 2026. Revenue is generated from hardware sales of cable assemblies, termination units, cooling systems, and control systems, supplemented by deployment and integration services. Microsoft is both a $75M strategic investor and pilot customer, and the company is backed by Munich Re Ventures, National Grid Partners, Breakthrough Energy Ventures, and other climate-tech investors.
VEIR firmographics
Firmographics- Name
- VEIR
- Legal name
- VEIR, Inc.
- Website
- https://veir.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- VEIR develops superconducting power delivery systems using liquid nitrogen–cooled HTS cables, serving AI data centers, utilities, and renewable energy developers with 10x power density versus copper.
- Ownership category
- akta.pro rank
VEIR industry classification
Industry- Product category
- Superconducting Power Delivery Infrastructure
- NAICS
- Power, Distribution, and Specialty Transformer Manufacturing (335311), Electric Power Transmission, Control, and Distribution (22112), Electric Power Distribution (221122)
- SIC
- Power, Distribution & Specialty Transformers (3612), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)
- akta.pro secondary industries
- Power Distribution & Switchgear (UPS, PDUs, Busway) (HDABAKAA), Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding) (EUAEAFAB), Medium-Voltage Distribution Components (MV breakers, disconnects, reclosers, MV terminations & joints) (IMAGAEAL)
Keywords
Where VEIR is headquartered
LocationHeadquarters
- HQ city
- Woburn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
VEIR business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Superconducting Power Systems: VEIR designs and manufactures end-to-end superconducting power delivery systems. Revenue is generated from the sale of superconducting cable assemblies, termination units, cooling systems, and control systems. The company serves data centers, utilities, and renewable energy developers with industrial-scale power delivery solutions.
- Installation and Deployment Services: VEIR provides deployment services and close collaboration with partners for design-to-build processes, enabling commercial solutions for customers. The company expects to announce first adopters as it moves toward full commercialization in 2026.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
VEIR product offering
Product offeringCore offering
VEIR designs, manufactures, and deploys superconducting power delivery systems that transmit electricity with zero electrical resistance using high-temperature superconductor (HTS) cables cooled by liquid nitrogen. Its platform consists of the SL Series for low-voltage data center power distribution (3–10 MW in 4-inch cables at 480 VAC / 800 VDC) and the ST Series for medium-voltage behind-the-meter and grid connection applications (over 200 MW at 34.5 kV in 6-inch cables). The systems replace conventional copper infrastructure to deliver higher power density, lower losses, and faster deployment for AI data centers, utilities, and renewable energy developers.
Product overview
VEIR offers a platform of superconducting power delivery solutions consisting of two main product series: the SL Series (low voltage, 3-10 MW in 4-inch diameter cables) and the ST Series (medium voltage, >200 MW in 6-inch diameter cables). Both series share a four-component architecture: superconducting conductor assembly (cable), termination units, liquid nitrogen cooling system, and control/operations system. The SL Series includes AC (SL-AC) and DC (SL-DC) variants supporting 480 VAC and 800 VDC implementations respectively. The company also conducts technology demonstrations through its STAR (Superconducting Technology for AI Racks) program, which successfully demonstrated 3 MW power delivery via single superconducting cable in November 2025.
Differentiator
Problem solved
Functional benefit
Brands
- SL Series: Low voltage superconducting power delivery solution for data center power distribution, supporting 480 VAC and 800 VDC implementations from 3 to 10 MW capacity
- ST Series
- STAR (Superconducting Technology for AI Racks)
Products and services
- SL Series (Low Voltage Superconducting Power Delivery) Low voltage superconducting power delivery solution for distributing power to and within data centers. Supports both 480 VAC and 800 VDC implementations, scaling from 3 to 10 megawatts in a 4-inch diameter cable with negligible resistive losses and 10x the power density of copper.
- ST Series (Medium Voltage Superconducting Power Delivery) Medium voltage superconducting power delivery solution for behind-the-meter and grid connection applications. At 34.5 kV, delivers over 200 MW in approximately a 6-inch diameter cable with negligible resistive losses for data center campuses and grid connections.
- STAR (Superconducting Technology for AI Racks) Demonstration Platform First-generation demonstration proving superconducting technology can deliver 3+ megawatts via a single low voltage cable in a simulated data center environment, establishing commercial readiness for AI data center power delivery.
- Installation and Deployment Services Professional services including system design, deployment planning, and integration support delivered alongside VEIR's superconducting cable systems for hyperscaler, data center owner/operator, utility, and OEM customers.
Quantifiable outcome
- 10x more power density compared to traditional copper solutions
- +9 more outcomes
Companies that use VEIR
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles4 records
VEIR technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
VEIR partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Microsoftflagship/strategicMicrosoft is investing $75 million and working with VEIR to develop and pilot test superconducting power lines for data centers. VEIR demonstrated 3 MW power delivery via HTS cable in November 2025 with Microsoft. Microsoft is exploring commercialization in 2026 and encouraging broader adoption among utilities and hyperscalers.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
VEIR competitors and assessment
Company assessmentBroad incumbents
- Vertiv: Major supplier of data center power, cooling, and IT infrastructure (UPS, PDUs, busway, liquid cooling). Comparable to VEIR as the incumbent serving hyperscalers' data center power distribution challenges that VEIR also targets.
- Schneider Electric: Global leader in data center power management, switchgear, and medium-voltage distribution (incl. Galaxy UPS, MV equipment). Comparable to VEIR as a broad incumbent addressing data center and utility power infrastructure.
- ABB: Power and automation major with leading positions in transformers, switchgear, HVDC, and grid integration. Comparable to VEIR as an incumbent in medium-voltage and high-voltage power delivery that VEIR's HTS platform aims to disrupt.
- Eaton: Supplier of electrical power management solutions (UPS, PDUs, switchgear, busway) for data centers and utilities. Comparable to VEIR as an incumbent competing for the same hyperscaler power infrastructure budgets.
- Nexans: Global cable manufacturer with an active HTS cable program (including the SuperRail project with SNCF and grid-scale HTS deployments). Comparable to VEIR as an established power cable manufacturer now moving into superconducting cable solutions.
- NKT A/S: European cable manufacturer specializing in high-voltage power cables for offshore wind and grid transmission. Comparable to VEIR as an incumbent power cable supplier whose grid business VEIR's ST Series targets.
- Prysmian Group: World's largest cable manufacturer serving utilities, renewables, and data center power infrastructure with high-voltage and submarine cable systems. Comparable to VEIR as the dominant incumbent in power cable supply, including for hyperscaler and grid applications.
Direct peers
- SuperPower (Furukawa Electric): Furukawa's SuperPower subsidiary is a leading developer of second-generation HTS wire and has supplied superconducting cable systems for utility grid projects. Comparable to VEIR as a producer of HTS conductor and cable technologies targeting power transmission.
- Sumitomo Electric: Pioneer in HTS wire (DI-BSCCO) and developer of the world's first commercial HTS cable installations. Directly comparable to VEIR as a manufacturer of superconducting conductors and cable systems for power transmission.
Emerging players
- TS Conductor: Startup developing advanced composite-core conductors for high-capacity transmission lines as a drop-in upgrade to conventional conductors. Comparable to VEIR as an emerging deep-tech company offering a step-function improvement in electrical power delivery capacity over conventional infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
VEIR social profiles
Digital presenceVEIR financial estimates
Financial estimateRevenue estimate
Valuation estimate
VEIR leadership team
Management profileNumber of profiles
Profiles18 records
VEIR funding detail
Funding detailFunding overview
Funding rounds5 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VEIR M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VEIR
What does VEIR do?
VEIR designs, manufactures, and deploys superconducting power delivery systems that transmit electricity with zero electrical resistance using high-temperature superconductor (HTS) cables cooled by liquid nitrogen. Its platform consists of the SL Series for low-voltage data center power distribution (3–10 MW in 4-inch cables at 480 VAC / 800 VDC) and the ST Series for medium-voltage behind-the-meter and grid connection applications (over 200 MW at 34.5 kV in 6-inch cables). The systems replace conventional copper infrastructure to deliver higher power density, lower losses, and faster deployment for AI data centers, utilities, and renewable energy developers.
Is VEIR a public or private company?
VEIR is a private company. It is classified as venture growth investor backed and is currently operating.
When was VEIR founded?
VEIR was founded in 2019. It employs 11 to 50 people.
Where is VEIR based?
VEIR is headquartered in Woburn, United States, in the North America region.
How does VEIR make money?
Two revenue lines are on record. Superconducting Power Systems are the primary driver. The others are installation and Deployment Services.
Who are VEIR's main competitors?
Broad incumbents on record are Vertiv, Schneider Electric, ABB, Eaton, Nexans, NKT A/S and Prysmian Group. Direct peers are SuperPower (Furukawa Electric) and Sumitomo Electric. TS Conductor is listed as an emerging player.
Does VEIR have an API?
No public API is recorded for VEIR.
What industry is VEIR in?
VEIR's product category is Superconducting Power Delivery Infrastructure. Its primary akta.pro industry code is IMAGAAAA, Transformers (Power, Distribution, Instrument, Specialty), with a secondary code of HDABAKAA, Power Distribution & Switchgear (UPS, PDUs, Busway). Its NAICS code is 335311 and its SIC code is 3612.