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:

  1. 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.
  2. 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.
  3. 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).
  4. 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.

Products

High temperature superconductor (HTS) wire, HTS Ship Propulsion Motors, HTS Degaussing Coil systems, power systems and electronics, wind turbine engineering and design

Devens USA

64 Jackson Road
Devens MA 01434
USA

Maritime News

Salvage Ops Set to Begin as Fire Diminishes on Stena Immaculate Tanker

Salvage Ops Set to Begin as Fire Diminishes on Stena Immaculate Tanker

an hour ago
A fire onboard the Stena Immaculate oil tanker has greatly diminished with no visible flames, as initial salvage activities begin in the North Sea, the manager of the vessel Crowley reported.Crowley said it is working closely with U.K. agencies to support the incident response, salvage and environmental impact mitigation operations resulting from container ship Solong striking the tanker Stena Immaculate while at anchor on Monday, March 10.Worth noting, Solong’s owner has characterized the event as a collision rather than an impact with a stationary vessel.A fire onboard the Stena Bulk-owned oil tanker Stena Immaculate has greatly diminished with no visible flames, Crowley said.
The Race is On to Find Vessel Collision Clues

The Race is On to Find Vessel Collision Clues

16 hours ago
Inevitably, when a maritime accident like the one involving U.S.-flagged chemical tanker Stena Immaculate and the Portuguese-flagged container vessel Solong happens, the first question invariably is an incredulous: "How could this happen"?Now, a relatively rare collision off the coast of Britain has sparked concerns over what went wrong despite standard safety protocols, according to three shipping and insurance industry sources.The incident, which occurred on the morning of Monday, March 10, 2025, resulted in significant damage to the tanker, leaving a gaping hole in its side, and both ships were still burning as of Tuesday. Authorities do not expect either vessel to sink.
German Maritime Fleet: Resilient Strength in Turbulent Times

German Maritime Fleet: Resilient Strength in Turbulent Times

22 hours ago
Germany’s maritime industry is proving resilient amid global economic uncertainty and shifting geopolitical priorities. At the annual conference of the German Shipowners' Association (VDR), statistics underscore the sector's role in securing trade, employment, and economic stability. Despite mounting challenges, German merchant shipping remains a powerhouse—supporting nearly half a million jobs and ensuring the steady flow of essential goods into and out of the country.A Maritime PowerhouseGermany boasts a fleet of 1,764 ships, ranking it seventh among global merchant shipping nations. With a gross tonnage of 47.4 million, the nation continues to be a key player in global trade.
All 23 Crew from Stena Immaculate Safe with No Reported Injuries, Crowley Says

All 23 Crew from Stena Immaculate Safe with No Reported Injuries, Crowley Says

yesterday
Crowley, the manager of oil tanker Stena Immaculate that was struck on its port side by the container ship Solong, causing a blaze, has reported that all 23 members of the ship’s crew are safe and without reported injuries, as it launches spill containment response efforts.On March 10, 2025, while stationary and anchored off the North Sea coast near Hull in the United Kingdom, the Crowley-managed tanker Stena Immaculate was struck on its port side by the container ship Solong.Crowley said it is working closely with response agencies including the HM Coastguard to secure the vessel in a restricted safety area and initiate spill containment response.
Update: Stena Immaculate, U.S. Military Jet Fuel Cargo Continues to Burn

Update: Stena Immaculate, U.S. Military Jet Fuel Cargo Continues to Burn

2 days ago
A tanker carrying jet fuel for the U.S. military was hit by a container ship off northeast England on Monday, with the collision igniting a blaze on both vessels, causing multiple explosions and forcing both crews to abandon ship.The tanker, which can carry tens of thousands of tons of jet fuel, was at anchor when the smaller container ship struck it, rupturing its cargo tank and releasing fuel into the sea, its operator said. Its owner Stena Bulk gave the same details.Two maritime security sources said there was no indication of any malicious activity or other actors involved in the incident.