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Bruker Energy & Supercon Technologies (BEST) Announces Two Large, Multi-Year Superconductor Contracts from Leading MRI Manufacturers

November 01, 2011

BILLERICA, Mass., Nov 01, 2011 (BUSINESS WIRE) -- Bruker Energy & Supercon Technologies, Inc. (BEST) today announced that it has recently received two large, multi-year contracts for its metallic, low-temperature superconductors (LTS) from existing customers who are leading manufacturers of clinical magnetic resonance imaging (MRI) systems.

The total minimum order value from these two contracts through September 2014 is approximately $71 million, while actual purchases may range as high as 25% above the minimum commitment levels.

Burkhard Prause, President and CEO of BEST, commented: "These two new multi-year contracts give us significant additional visibility into future demand, as we continue to move forward with our planned LTS capacity expansion in support of our major customers with long-term commitments. We are very pleased that our discerning major customers in the MRI field have placed multi-year contracts for BEST's high-quality, high-performance superconductors."

About Bruker Energy & Supercon Technologies, Inc. (BEST)

BEST is a subsidiary of Bruker Corporation (NASDAQ: BRKR), and is a leader in the development and industrial manufacturing of advanced superconducting materials and superconducting devices for alternative energy, smart grid, healthcare and 'big science' applications. For more information on BEST, please visit


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SOURCE: Bruker Energy & Supercon Technologies, Inc.

Bruker Energy & Supercon Technologies, Inc.
Burkhard Prause, Ph.D., +49 (0)6181 4384-4101
President and CEO

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