The BASF subsidiary and the founder and sole owner of Deutsche Nanoschicht, Dr Michael Bäcker, have agreed on the acquisition. The parties have signed the relevant agreement.
Deutsche Nanoschicht has developed an innovative process for producing thin films by means of chemical solution deposition.This process allows high-temperature superconductors to be manufactured in a much more efficient and resource-conserving manner. Superconductors carry current virtually without loss, so they allow potentially huge savings in generating and transporting electricity.
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