American Superconductor Corporation (NASDAQ:AMSC) is a technology company specializing in power electronics and high-temperature superconductor systems. Founded in 1987 and headquartered in Devens, Massachusetts, AMSC develops hardware and software solutions aimed at improving the efficiency, reliability and stability of electric power systems and renewable energy infrastructure. The company’s engineering expertise spans from the lab scale to full commercial deployment, with a focus on tackling grid integration challenges for utilities and independent power producers.
AMSC’s portfolio includes superconducting wire and cryogenic systems, power grid stabilization devices, and turnkey wind turbine electronics. Its PowerModule™ systems and D-VAR™ dynamic reactive power compensators optimize voltage stability and mitigate power quality disturbances. AMSC’s high-temperature superconductor wire finds applications in fault current limiters and advanced magnet systems, offering utilities a path to increase transmission capacity without extensive grid expansions. In the renewables segment, the company provides turbine control electronics and full drivetrain designs, enabling wind farm operators to maximize energy capture while reducing downtime.
Operating globally, AMSC serves customers in North America, Europe, China and other Asia-Pacific markets. Its products have been deployed on multiple continents, supporting transmission operators, industrial facilities and renewable energy projects. Leadership is headed by President and CEO Daniel P. McGahn, who brings decades of experience in power electronics and grid technologies. Under McGahn’s direction, AMSC continues to invest in research and development to address evolving demands for grid modernization and sustainable energy solutions.
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