AMSC ASA (OTCMKTS:ASCJF) is a technology company specializing in the design and manufacture of superconducting wire solutions and grid reliability products for the electric power industry. The company’s core business centers on delivering high-temperature superconductor (HTS) wire for use in power cables, fault current limiters, and other advanced electrical components. By leveraging proprietary material science and manufacturing processes, AMSC ASA aims to enhance the efficiency, capacity, and resilience of transmission and distribution systems worldwide.
In addition to its superconducting offerings, AMSC ASA provides a suite of power grid control and protection systems under its Grid Solutions division. These products include dynamic reactive power compensators, power quality regulators, and system monitoring tools that help utilities stabilize grid voltage, improve power factor, and mitigate disturbances. The company also serves the renewable energy sector through its Windtec business, which supplies turbine control systems, converters, and related components to wind turbine manufacturers, enabling optimized performance and grid compliance for onshore and offshore installations.
Founded in 1987 and headquartered in Westborough, Massachusetts, AMSC ASA operates in North America, Europe, and Asia, with regional offices and manufacturing facilities that support global deployment of its technologies. The company’s solutions have been adopted by electric utilities, industrial operators, and renewable energy developers seeking to modernize infrastructure and integrate variable energy sources. Under the leadership of founder and CEO Dr. Gregory Yurek, AMSC ASA continues to advance its research and development efforts in superconductivity and power electronics, with a focus on expanding its installed base and forging strategic partnerships across diverse markets.
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