VEIR

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.

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

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

• Superconducting power delivery
• Data center power infrastructure
• High-temperature superconductors
• Power transmission cables
• Electrical grid solutions

Headquarters

HQ city

Woburn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. 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.
2. 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

Core 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

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Microsoftflagship/strategicTechnology or IntegrationMicrosoft 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

Broad 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

• Xx.com/VEIR
• LinkedInlinkedin.com/company/veir-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds5 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VEIR