American Superconductor Corp - Company Profile
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American Superconductor Corporation (AMSC) is an energy technology company that designs and manufactures power systems and superconductor wires. The company's main activities involve the development and production of power solutions that enhance the resiliency and performance of megawatt-scale power flow. AMSC's major products include voltage compensators, capacitors, transformers, rectifiers and advanced power electronics and control system products. The company serves a diverse range of customers, including industrial manufacturers, semiconductor manufacturers, and the US Navy, providing solutions for power delivery, factory operations, and naval protection systems. Its products are also used in the wind power market, enabling manufacturers to produce competitive wind turbines. It has a global presence with sales and field service offices in Australia, India, South Korea, and the UK. AMSC is headquartered in Ayer, Massachusetts, the US.
American Superconductor Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Bearing Design Solutions | Wind Services | Gridtec Solutions |
| Fault Current Limiters | Wind Turbine Engineering | Windtec Solutions |
| Generator & Drivetrain Solutions | Consulting Services | Amperium |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In December, the company acquired Comtrafo Industria de Transformadores Eletricos SA (Comtrafo), a manufacturer and supplier of utility-scale power and distribution transformers. |
| 2024 | Acquisitions/Mergers/Takeovers | In August, the company acquired NWL, Inc., an electronics manufacturer. |
| 2023 | Contracts/Agreements | In April, the company awarded contract for U.S. Navy Deployable Mine Countermeasure System. |
Competitor Comparison
| Key Parameters | American Superconductor Corp | ABB Ltd | Vestas Wind Systems AS | Siemens Gamesa Renewable Energy SA | Suzlon Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | Denmark | Spain | India |
| City | Ayer | Zuerich | Aarhus | Zamudio | Pune |
| State/Province | Massachusetts | Zurich | - | Vizcaya | Maharashtra |
| No. of Employees | 1,195 | 112,700 | 36,973 | - | 8,301 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Daniel P. McGahn | Chairman; Chief Executive Officer; President | Executive Board | 2009 | 53 |
| John W. Kosiba, Jr. | Treasurer; Senior Vice President; Chief Financial Officer | Senior Management | 2017 | 52 |
| David R. Oliver, Jr. | Director | Non Executive Board | 2006 | 83 |
| Margaret D. Klein | Director | Non Executive Board | 2022 | 68 |
| Arthur H. House | Director | Non Executive Board | 2016 | 82 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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