This sounds quite a bit like what Steorm[1] was doing years ago. If ultraconductors[2] worked, you could actually build a mechanical device that had losses low enough to actually gain energy once a critical speed were obtained.
[1] https://en.wikipedia.org/wiki/Steorn
[2] https://patents.google.com/patent/US5777292A/en
(Claim 7 is for material with a conductivity of 10^11 S/cm, which is 150,000 times better than copper)