Company Overview
- Website
- veir.com
- Phone
- (661) 631-8347
- Employees
- 41
- Industry
- Utilities
Financials & Stats
Revenue
$5B
Recent News & Media
This Company Uses Liquid Nitrogen to Cool Electric Lines
- Feb 3, 2025
- inc.com
Veir raises $75m to pilot superconducting transmission solution at data centers - DCD
- Jan 29, 2025
- datacenterdynamics.com
AI’s Electricity Demand Means Cool New Tech Is Coming to Boring Grids
- Jan 28, 2025
- bloomberg.com
VEIR Closes $75M Series B to Deliver Superconducting Solutions for AI Data Centers and High-Capacity Power Lines, Driving Grid Resilience and Global Decarbonization
- Jan 28, 2025
- businesswire.com
Transforming the Power Grid With Superconducting Transmission Lines
- Sep 6, 2024
- scitechdaily.com
4x global innovation: NATO’s first deep tech investments and VEIR’s power transmission technology
- Jun 26, 2024
- innovationorigins.com
Who is VEIR
VEIR is a company based in Boston, Massachusetts. The company employs 41 people and generates $5 million in annual revenue. VEIR develops High Temperature Superconductor (HTS)-based transmission lines. Their specialized evaporative cooling architecture significantly enhances cooling capacity, achieving 20 times the power per kilogram of coolant compared to traditional methods. This technology enables efficient, reliable, and cost-effective long-distance transmission of power using HTS lines, even in limited right-of-way areas. VEIR's innovations focus on connecting renewable energy sources to areas of demand, ensuring a reliable and sustainable power supply. To learn more about VEIR's solutions, visit their website at veir.com.
Company Leadership
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| Company Name | Revenue | Number of Employees | Location | Founded in |
|---|---|---|---|---|
| 5M | 56 | Miami, FL | 1997 | |
| 5M | 18 | Raleigh, NC | ||
| 5M | 19 | Phoenix, AZ | 2002 | |
| 5M | 17 | Chicago, IL | ||
| 5M | 3 | Braintree, MA | 2012 |