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Stock Market & Financial Investment News

News Breaks
February 11, 2013
16:19 EDTAMSCAMSC receives $30M follow-on order from Inox Wind
AMSC announced that it has received an order worth in excess of $30M for wind turbine electrical control systems, or ECS, from Inox Wind Limited, part of India's Inox Group of Companies. AMSC expects to begin shipments under this new order during the current quarter and complete shipments in 2014. This is the fifth and largest order that AMSC has received from Inox since the company began volume production of its 2 megawatt wind turbines, which were licensed from AMSC in May 2009.
News For AMSC From The Last 14 Days
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April 20, 2015
16:37 EDTAMSCAMSC 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.

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