Business Description
Founded in 1987 and based in Ayer, Massachusetts, American Superconductor Corporation helps electric utilities, industrial facilities, and renewable energy developers manage and improve the flow of electrical power through its Grid division, while its Wind division designs and licenses turbine technology to manufacturers around the world. The Grid side of the business covers everything from managing voltage and power quality on transmission lines to protecting naval vessels from magnetic detection, whereas the Wind side focuses on drivetrain designs rated at two megawatts and above. Together, these two divisions give the company a broad reach across both land-based energy infrastructure and offshore or marine applications.