The unique ability of a Josephson junction to convert a microwave freq
uency f into a voltage Nhf/2e with high accuracy and the adoption of t
his phenomenon as the basis for the SI Volt Realization have created a
market for Josephson voltage standards that is unassailable from any
other technology. This paper reviews the development of Josephson volt
age standards including the junction and array design, the microwave c
ircuit, and the system integration, With the dr Josephson standard lar
gely transferred to the commercial sector, NIST is developing a new cl
ass of devices in which the output voltage can be rapidly programmed e
ither by digitally selecting the quantum number N or by driving tile J
osephson array with a variable frequency pulse train. These new device
s will make possible fret, high-accuracy characterizations of A/D and
D/A converters and the synthesis of ac waveforms.