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PublicNASDAQ:AMSC

General Information

Websiteamsc.com
CategoryCleanTech
Phone978.842.3000
Employees
Founded1987
DescriptionElectric power infrastructure solutions

Offices

People

CEO & Board of Directors
Chairman of the Board
Chairman & Senior Advisor

Acquisitions

The Switch, 3/11 $265M

Funding

DEBT TOTAL $25M
Debt, 4/12
$25M

Tags

AMSC

AMSC offers an array of proprietary technologies and solutions spanning the electric power infrastructure – from generation to delivery to end use.

Skills include alternative energy, providing proven, megawatt-scale wind turbine designs and electrical control systems. The company also offers a number of Smart Grid technologies for power grid operators that enhance the reliability, efficiency and capacity of the grid, and integrate renewable energy sources into the power infrastructure. These include superconductor power cable systems, grid-level surge protectors and power electronics-based voltage stabilization systems. AMSC ’s technologies are protected by a broad and deep intellectual property portfolio consisting of hundreds of patents and licenses worldwide.

AMSC is the world’s principal vendor of high temperature superconductor wire and large rotating superconductor machinery and a world-leading supplier of dynamic reactive power grid stabilization products. AMSC’s HTS wire and power electronic converters are at the core of a broad range of new electricity transmission and distribution, transportation and industrial processing applications.

The company is headquartered in Devens, Massachusetts, USA.

Recent Milestones

  • Dollar
    AMSC received $25M in Debt funding. (4/20/12)
    Posted 4/20/12 at 7:45pm via masshightech.com
  • Check
    AMSC — CEO Gregory Yurek will retire on June 1 and be succeeded by company president Daniel McGahn (5/24/11)
    Posted 5/25/11 at 3:04am via masshightech.com
  • Handshake
    AMSC acquired The Switch for $265M. (3/14/11)
    Posted 3/14/11 at 6:47pm via masshightech.com
  • Check
    AMSC — received initial orders for a wind turbine electrical control system from China’s third largest wind turbine manufacturer (3/2/11)
    Posted 3/2/11 at 8:40am via masshightech.com
  • Check
    AMSC — licensed wind turbine designs to a new customer in China, marking the company’s sixth customer in the country (1/11/11)
    Posted 1/11/11 at 8:26am via masshightech.com
  • Check
    AMSC — it has received an order from a South Korean firm for more than $10 million in wind turbine electrical control systems (1/4/11)
    Posted 1/5/11 at 7:07am via masshightech.com
  • Check
    AMSC — expects to raise about $155.1 million for "general corporate purposes" through a public offering of common stock (11/11/10)
    Posted 11/11/10 at 9:17am via masshightech.com
  • Check
    AMSC — profit came in at $10 million in the company’s fiscal second quarter, for the period ended Sept. 30 (11/2/10)
    Posted 11/2/10 at 8:41am via masshightech.com
  • Check
    AMSC — announced its entrance into the solar market with a system for connecting photovoltaic power plants to the grid. (10/12/10)
    Posted 10/12/10 at 6:33am via masshightech.com
  • Check
    AMSC — has received the world’s largest order for high-temperature superconductor wire in a deal with a South Korean firm (10/6/10)
    Posted 10/11/10 at 8:24am via masshightech.com
  • Stock
    Went public with stock symbol NASDAQ:AMSC.
    Posted 5/24/11 at 5:33pm
  • Check
    AMSC added Daniel McGahn as CEO & Board of Directors.
    Posted 5/24/11 at 5:32pm
  • Check
    AMSC added Gregory J. Yurek as Chairman & Senior Advisor.
    Posted 5/24/11 at 5:32pm
  • Check
    AMSC added John W. Wood Jr as Chairman of the Board.
    Posted 8/16/11 at 9:12pm

Videos

Screenshots

Stock Price

Sources

  1. AMSC buying Finland firm The Switch for $265M (masshightech.com) [edit]
  2. AMSC rakes in $25M debt fundraise (masshightech.com) [edit]
  3. AMSC's largest superconductor order to net millions (masshightech.com) [edit]
    AMSC adds solar to its power inverter market (masshightech.com) [edit]
    AMSC doubles Q2 profits, citing manufacturing, new inverter (masshightech.com) [edit]
    AMSC plans $155M stock offering (masshightech.com) [edit]
    AMSC lands $10M turbine controls order (masshightech.com) [edit]
    AMSC secures sixth wind turbine customer in China (masshightech.com) [edit]
    AMSC lands more wind systems orders from China (masshightech.com) [edit]
    AMSC's McGahn to take over CEO role from retiring Yurek (masshightech.com) [edit]
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Last Edited 4/20/12

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