American Superconductor Corp - Company Profile
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American Superconductor Corp (AMSC) is an energy technology company that designs and manufactures power systems and superconductor wires. It also offers engineering planning services, advanced grid systems, and wind turbine electronic controls. The company serves electric utilities, industrial facilities, and renewable energy project developers to transmit and distribute electricity through its power electronics, superconductor-based systems, and transmission planning services. AMSC operates in North America, Europe, Asia Pacific, and Africa. It has sales and field service offices in China, Germany, India, Australia, Korea, Jordan, and the UK. AMSC is headquartered in Ayer, Massachusetts, the US.
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Products and Services
Products | Services | Brands |
---|---|---|
Bearing Design Solutions | Wind Services | Gridtec Solutions |
Fault Current Limiters | Consulting Services | Windtec Solutions |
Generator & Drivetrain Solutions | Wind Turbine Engineering | PowerModule |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In April, the company awarded contract for U.S. Navy Deployable Mine Countermeasure System. |
2022 | Contracts/Agreements | In December, the company entered into a delivery contract with Huntington Ingalls Industries through its Ingalls Shipbuilding division for a high temperature superconductor based ship protection system to be deployed on the San Antonio-class of amphibious transport dock ship, LPD-32. |
2022 | Contracts/Agreements | In October, the company secured US$30 million in new energy power system orders. |
Competitor Comparison
Key Parameters | American Superconductor Corp | ABB Ltd | Vestas Wind Systems AS | Siemens Gamesa Renewable Energy SA | Suzlon Energy Ltd |
---|---|---|---|---|---|
Headquarters | United States of America | Switzerland | Denmark | Spain | India |
City | Devens | Zuerich | Aarhus | Zamudio | Pune |
State/Province | Massachusetts | - | - | Vizcaya | Maharashtra |
No. of Employees | 328 | 107,900 | 30,586 | 27,382 | 1,451 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Daniel P. McGahn | Chairman; President; Chief Executive Officer | Executive Board | 2018 | 51 |
John W. Kosiba, Jr. | Treasurer; Chief Financial Officer; Senior Vice President | Senior Management | 2017 | 50 |
David R. Oliver, Jr. | Director | Non Executive Board | 2006 | 81 |
Laura A. Dambier | Director | Non Executive Board | 2022 | 64 |
Barbara G. Littlefield | Director | Non Executive Board | - | 65 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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