American Superconductor (NASDAQ:AMSC) (NASDAQ:AMSC) is a technology company specializing in the design and manufacture of high-performance superconductor wire and power electronic systems. Its solutions address the growing need for more efficient and reliable electric power systems, with applications spanning from renewable energy generation to industrial power management. AMSC’s portfolio includes high-temperature superconducting (HTS) wire, grid stabilization equipment, and power conversion systems that enhance grid resilience and support the integration of clean energy sources.
The company’s core offerings center on superconductor wire technology and power electronics products. AMSC’s Amperium® HTS wire enables near-zero electrical resistance at cryogenic temperatures, helping to reduce power losses in transmission and distribution networks. In addition, its Gridtec™ fault current limiters protect power systems from overloads, while its D-VAR® dynamic reactive power compensators and STATCOM-based solutions optimize voltage stability for utilities and large industrial customers. AMSC also provides turnkey wind turbine control systems under the PowerModule™ brand, which play a critical role in ensuring reliable power output from onshore and offshore wind farms.
American Superconductor serves a global client base that includes utilities, independent power producers, and industrial operators. Its technologies are deployed in North America, Europe, Asia and the Middle East, where grid modernization efforts and renewable energy projects drive demand for advanced power management solutions. The company works closely with system integrators, engineering firms and government agencies to tailor its offerings to regional regulatory standards and infrastructure requirements.
Founded in 1987 and headquartered in Westborough, Massachusetts, AMSC has evolved through strategic partnerships, joint ventures and R&D collaborations with universities and national laboratories. Under the leadership of President and CEO Gregory Yurek, the company continues to innovate in superconductivity and power electronics, pursuing opportunities in smart grid development, offshore wind integration and electric ship propulsion. AMSC’s long-term vision emphasizes sustainable energy delivery and the modernization of electrical infrastructure worldwide.
