StockMarketWire.com - Oxford Instruments said it had won a global tender to supply its cryogenic equipment to the Institute of Physics-Chinese Academy of Sciences.

Multiple advanced cryogenic systems would be installed at a new facility at the Huairou Science City development in Beijing.

The supply agreement encompassed use of superconducting magnet systems together with advanced dilution refrigerator systems.

'This will allow researchers to make ground breaking discoveries of new material states, states of matter and novel phenomena, furthering our understanding of the structure, properties and performance of these materials on a quantum scale,' the company said.

The complete suite of systems would be delivered to IOP-CAS in a staged plan through 2020 and 2021.




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