Cutting Edge Superconductors, with a valuation of $8.75 million, is raising funds on NetCapital. The company makes its patented MgB2 products for cryogen-free 1.5T MRI. The MRI using Cutting Edge Superconductors’ patented technology reduces the scan cost by 40% and enhances public health services. The primary customers of Cutting Edge Superconductors include MRI companies, including GE Healthcare and ASG Superconductors. Yong-Jinh Kim founded Cutting Edge Superconductors in November 2011. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for metal powders, patent expenses, manufacturing and testing MgB2 wire, equipment, travel, rent, utilities, and general and administrative expenses.