American Superconductor lowers Q3 revenue view exceeding $20M, consensus $26.5M Had seen Q3 revenue exceeding $26M. This guidance is revised as a result of the previously announced cost reduction action.
AMSC says U.S. Navy intends to order high temperature superconductor equipment AMSC announced that the U.S. Navy created a sole source solicitation notice for AMSC's high temperature superconductor-HTS-equipment. The contract is expected after April 28. Additionally, AMSC has established a relationship with the Navy to develop HTS power cable hardware for ship board power applications.