American Superconductor Corp.
| Nasdaq: AMSC
American Superconductor Corp. is a provider of megawatt-scale solutions that lower the cost of wind power and enhance the performance of the power grid. The company operates through two business segments: Windtec and Gridtec. Through its Windtec Solutions, the Wind business segment enables manufacturers to field wind turbines with highly competitive power output, reliability and affordability. The company supplies advanced power electronics and control systems, licenses its highly engineered wind turbine designs, and provides extensive customer support services to wind turbine manufactures. Its design portfolio includes a broad range of drive trains and power ratings of 2 MW's and higher. It provides a broad range of power electronics and software-based control systems that are highly integrated and designed for optimized performance, efficiency, and grid compatibility. Through its Gridtec Solutions, the Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power with highly competitive efficiency, reliability and affordability. The company provides transmission planning services that allow it to identify power grid congestion, poor power quality and other risks, which help the company determine how its solutions can improve network performance. American Superconductor was founded by Yet-Ming Chiang, David A. Rudman, John B. Vander Sande and Gregory J. Yurek on April 9, 1987 and is headquartered in Devens, MA.