American Superconductor Corp - Company Profile

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American Superconductor Corp: Overview

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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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Headquarters United States of America

Address 60 Jackson Rd, Devens, Massachusetts, 01434-4020


Telephone 1 978 8423000

No of Employees 328

Industry Alternative Energy

Ticker Symbol & Exchange AMSC (NASD)

Revenue (2023) $106.0M -2.3% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -82.6% (2023 vs 2022)

Market Cap* $513.5M

Net Profit Margin (2023) XYZ -86.8% (2023 vs 2022)

* As of and is in US$
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American Superconductor Corp premium industry data and analytics

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Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for American Superconductor Corp.

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on American Superconductor Corp’s likely spend across technology areas enabling you to understand the digital strategy.

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
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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.
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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
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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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