AMSC

American Superconductor Corporation (AMSC) designs and manufactures power resilience and optimization solutions for the global energy infrastructure. Headquartered in Ayer, Massachusetts, the company operates through two primary business segments: Grid and Wind. The Grid segment produces power electronics and superconductor-based systems that enhance power grid capacity, reliability, and security, including D-VAR voltage regulation systems and Resilient Electric Grid (REG) solutions for military installations. The Wind segment offers electrical control systems and power converters for wind turbines, serving major turbine manufacturers globally. AMSC employs approximately 280 people and maintains operations in North America, Europe, and Asia. The company generated revenues of $124 million in fiscal year 2023. Recent strategic initiatives include expanding its power electronics capabilities through organic development and focusing on grid modernization opportunities driven by renewable energy integration and military microgrid projects. AMSC holds significant intellectual property in superconductor wire technology and power electronics, with applications spanning utility-scale power grid solutions and advanced manufacturing. The company serves utilities, renewable energy developers, defense contractors, and original equipment manufacturers. AMSC positions itself as a provider of enabling technologies for the clean energy transition, though its business remains sensitive to project timing, government funding cycles, and competition from larger power equipment manufacturers.