American Superconductor Corporation (AMSC)
NASDAQ: AMSC · Real-Time Price · USD
31.16
-0.41 (-1.30%)
At close: Nov 20, 2024, 4:00 PM
30.85
-0.31 (-0.99%)
Pre-market: Nov 21, 2024, 5:32 AM EST

Company Description

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide.

The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.

It provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; D-VAR systems used for controlling power flow and voltage in the AC transmission system; actiVAR system, a fast-switching medium-voltage reactive compensation solution; armorVAR system installed for reactive compensation, power factor correction, loss reduction, utility bill savings, and mitigation of common power quality concerns related to power converter-based generation and load devices; and D-VAR volt var optimization (VVO) that serves the distribution power grid market.

This segment also offers ship protection systems, which reduce a naval ship’s magnetic signature; and ON board power delivery systems, power generation systems, and propulsion systems; and transformers and rectifiers systems.

The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand.

It also supplies power electronics and software-based control systems, engineered designs, and support services; and provides customer support services to wind turbine manufacturers.

This segment’s design portfolio comprises a range of drivetrains and power ratings of 2 megawatts and higher.

American Superconductor Corporation was incorporated in 1987 and is headquartered in Ayer, Massachusetts.

American Superconductor Corporation
American Superconductor logo
Country United States
Founded 1987
IPO Date Dec 11, 1991
Industry Specialty Industrial Machinery
Sector Industrials
Employees 337
CEO Daniel McGahn

Contact Details

Address:
114 East Main Street
Ayer, Massachusetts 01432
United States
Phone 978 842 3000
Website amsc.com

Stock Details

Ticker Symbol AMSC
Exchange NASDAQ
Fiscal Year April - March
Reporting Currency USD
CIK Code 0000880807
CUSIP Number 030111207
ISIN Number US0301112076
Employer ID 04-2959321
SIC Code 3621

Key Executives

Name Position
Daniel Patrick McGahn Chairman, President and Chief Executive Officer
John W. Kosiba Jr. Chief Financial Officer, Senior Vice President and Treasurer
John R. Samia Secretary

Latest SEC Filings

Date Type Title
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 8, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Nov 5, 2024 144 Filing
Nov 4, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Nov 4, 2024 SCHEDULE 13G/A Filing
Oct 30, 2024 10-Q Quarterly Report
Oct 30, 2024 8-K Current Report
Oct 22, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Aug 28, 2024 S-8 Securities to be offered to employees in employee benefit plans
Aug 13, 2024 8-K Current Report