American Superconductor Corp (NASDAQ:AMSC)

0.985
Data as of 12:59pm ET
 -0.035 / -3.43%
Today’s Change
0.92
Today|||52-Week Range
2.68
-39.94%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Electrical Products
MARKET CAP
$88.2M

Company Description

American Superconductor Corp. is a provider of megawatt-scale solutions that lower the cost of wind power and enhance the performance of the power grid. The company operates through two business segments: Windtec and Gridtec. Through its Windtec Solutions, the Wind business segment enables manufacturers to field wind turbines with highly competitive power output, reliability and affordability. The company supplies advanced power electronics and control systems, licenses its highly engineered wind turbine designs, and provides extensive customer support services to wind turbine manufactures. Its design portfolio includes a broad range of drive trains and power ratings of 2 MW's and higher. It provides a broad range of power electronics and software-based control systems that are highly integrated and designed for optimized performance, efficiency, and grid compatibility. Through its Gridtec Solutions, the Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power with highly competitive efficiency, reliability and affordability. The company provides transmission planning services that allow it to identify power grid congestion, poor power quality and other risks, which help the company determine how its solutions can improve network performance. American Superconductor was founded by Yet-Ming Chiang, David A. Rudman, John B. Vander Sande and Gregory J. Yurek on April 9, 1987 and is headquartered in Devens, MA.

Contact Information

American Superconductor Corp.
64 Jackson Road
Devens Massachusetts 01434-4020
P:(978) 842-3000
Investor Relations:
(978) 842-3247

Employees

Shareholders

Other institutional9.01%
Mutual fund holders5.00%
Individual stakeholders19.58%

Top Executives

Daniel Patrick McGahnPresident, Chief Executive Officer & Director
James F. MaguireExecutive Vice President-Operations
David A. HenryChief Financial Officer, Treasurer & Executive VP
Kerry FarrellSenior Manager-Corporate Communications
John R. SamiaSecretary, Compliance Officer & General Counsel

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