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Stock impact report

AMSC Delivers Breakthrough System for U.S. Navy

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: GlobeNewswire
AYER, Mass., Jan. 25, 2022 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and protect and expand the capability of our Navy’s fleet, today announced it has completed delivery of AMSC’s high temperature superconductor (HTS)-based ship protection system to be deployed on the San Antonio class of amphibious transport dock ship USS Fort Lauderdale (LPD-28). This delivery is a milestone in AMSC’s first of four ship protection system contracts for the San Antonio Class Amphibious ship platform. AMSC expects to support the Navy’s insertion of SPS into LPD 28. USS Fort Lauderdale. (LPD-28) will be the 12th amphibious transport dock ship of the USS San Antonio-class. “The delivery of this system is a watershed moment for our Company and for superconductor technology. We have a culture of delivery and believe that the delivery of this system demonstrates momentum f Show less Read more
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