| Business Summary | | American
Superconductor
Corporation
is
involved
in
developing
products
using
superconducting
materials
and
power
electronic
switches.
The
Company
offers
two
core
enabling
technologies
and
products:
high
temperature
superconductor
(HTS)
wires
and
power
electronic
switches.
The
Company
sells
products
based
on
these
technologies
to
electrical
equipment
manufacturers,
industrial
power
users
and
businesses
that
produce
and
deliver
power.
The
Company's
HTS
wire
is
capable
of
carrying
more
than
140
times
the
electrical
current
of
conventional
copper
wire
of
the
same
dimensions.
The
Company
has
also
developed
and
commercialized
advanced
power
electronic
switches
that
control,
modulate
and
move
large
amounts
of
power
with
higher
efficiency
and
at
lower
cost.
The
Company
also
manufactures
and
sells
superconducting
magnetic
energy
storage
(SMES)
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AMSC
develops
and
commercializes
high
temperature
superconducting
wire,
wire
products
and
systems,
including
current
leads,
multistrand
conductors,
electromagnetic
coils
and
electromagnets.
For
the
three
months
ended
6/30/01,
revenues
fell
58%
to
$1.7
million.
Net
loss
totaled
$9
million,
up
from
$4.5
million.
Revenues
reflect
decreased
SMES
product
sales
and
a
decrease
in
government
funding.
Higher
loss
reflects
the
continued
scale-up
of
the
Company's
internal
R&D
activities. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Gregory Yurek, 54 Chairman,
Pres, CEO | $475K | $1.3M | Roland Lefebvre, 51 Exec.
VP, COO | 262K | 1.6M | Alexis Malozemoff, 57 Sr.
VP, CTO | 211K | 1.5M | Stanley Piekos, 53 VP
- Corp. Devel., CFO, Treasurer and Sec. | 230K | 730K | Thomas Rosa, 48 CAO,
Corp. Controller and Assistant Sec. | -- | -- | Dollar
amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|