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American Superconductor

19.57
+0.18000.93%
Volume:363.42K
Turnover:7.06M
Market Cap:772.23M
PE:215.96
High:19.86
Open:19.66
Low:18.99
Close:19.39
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Company Profile

Company Name:
American Superconductor
Exchange:
NASDAQ
Establishment Date:
1987
Employees:
337
Office Location:
114 East Main Street,Ayer,Massachusetts,United States
Zip Code:
01432
Fax:
978 842 3024
Introduction:
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.

Directors

Name
Position
Daniel P. McGahn
President, Chief Executive Officer and Chairman of the Board
Arthur H. House
Director
Barbara G. Littlefield
Director
David R. Oliver, Jr.
Director
Laura A. Dambier
Director
Margaret D. Klein
Director

Shareholders

Name
Position
Daniel P. McGahn
President, Chief Executive Officer and Chairman of the Board
John W. Kosiba, Jr.
Senior Vice President, Chief Financial Officer and Treasurer