American Superconductor
American Superconductor Corporation (AMSC) is a U.S.-based company that specializes in advanced technology solutions for the electric power industry. The company was founded in 1987 and is headquartered in Ayer, Massachusetts. AMSC primarily focuses on the development and commercialization of systems utilizing superconducting materials and power electronics.
Core Areas of Business and Products:
Wind Energy:
- Wind Turbine Designs and Systems: AMSC provides complete wind turbine designs and systems solutions tailored to maximize efficiency and reliability in different environmental conditions. They supply electrical control systems for wind turbines, enhancing their performance and grid compatibility.
Grid Solutions:
- Grid Interconnection and Power Quality: The company develops products that improve the reliability and efficiency of electricity transmission and distribution. These include dynamic VAR (Volt-Ampere Reactive) compensators and other grid stabilization products.
- High Temperature Superconductor (HTS) Wire: AMSC manufactures advanced HTS wire, a key component for various grid applications, including the stabilization of electrical grids and the reduction of power losses.
Defense Technology:
- Ship Protection Systems: AMSC offers solutions for naval defense, including systems for degaussing (reducing the magnetic signature of naval vessels to prevent detection and targeting by magnetic mines and torpedoes).
Power Electronics:
- The company provides an array of power electronic solutions designed to manage and control electrical energy flow efficiently and reliably across various industrial and renewable energy applications.
Key Technologies:
- Superconductor Wire (Amperium®): AMSC's proprietary HTS wire technology is marketed under the brand name Amperium. This wire is pivotal for reducing energy losses in power grids and enhancing the performance of electrical equipment.
- D-VAR® Systems: These Dynamic VAR systems are designed to support grid stability and are used by utilities to regulate voltage levels continuously.
Global Reach and Innovation:
AMSC operates in multiple countries and collaborates with various international partners to bring its technologies to global markets. Its innovative approach and strong R&D capabilities have positioned the company as a leader in integrating superconducting technologies and advanced power electronics into practical, market-ready solutions.
Financial and Market Position:
As a publicly traded company listed on the NASDAQ under the ticker symbol "AMSC," American Superconductor has garnered attention from investors interested in cutting-edge technological advancements in renewable energy and grid solutions.
Challenges and Opportunities:
- Market Volatility: Like many technology and energy companies, AMSC faces challenges related to market fluctuations, regulatory changes, and competition.
- Growth Opportunities: Increasing demand for clean energy solutions, grid modernization, and efficient power distribution systems present significant growth opportunities for AMSC.
Overall, American Superconductor Corporation is a notable player in the energy technology sector, leveraging its expertise in superconducting materials and power electronics to drive advancements in renewable energy and electrical grid infrastructures.
- 978-842-3000
- www.amsc.com
- 978-842-3024
Products
High temperature superconductor (HTS) wire, HTS Ship Propulsion Motors, HTS Degaussing Coil systems, power systems and electronics, wind turbine engineering and design
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Devens MA 01434
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