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0 0 0.00337457817772778 0.00337457817772778 -0.00599925009373829 0.00599925009373829 0.0116235470566179 0.000374953130858568
Stock impact report

How A Small Cap Juggernaut Is Retooling The Power Grid And Helping Navy Ships Avoid Mines [Forbes]

American Superconductor Corporation (AMSC) 
Last american superconductor corporation earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.amsc.com/investor-relations
Company Research Source: Forbes
It is an old tech up-and comer, born in the kitchen of an MIT professor almost 40 years ago. It makes specialty wires, and other electronic gear mostly used by power companies and manufacturers— critical infrastructure for the nation's power grid in the rush toward renewable energy. Its products have been in high demand before, but it has never delivered anything but red ink since its inception as its stock has soared and crashed numerous times over the last 30-plus years. Bullish Wall Street analysts now say the company's bets on new businesses—like its Ship Protection Systems (SPS) which cloak naval vessels, protecting them from detection and mines—are starting to pay off. In June, the small energy tech company scored a big win after they were awarded a $75 million contract with the Canadian Navy. According to the agreement AMSC will now supply its proprietary Ship Protection Systems to Canada's Navy. The first delivery is expected in 2026. It is American Superconductor's first Show less Read more
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