1930

NWL (Nothelfer Winding Laboratories), one of the largest independent suppliers of transformers and power supplies is founded

1973

Neeltran, a designer and manufacture of leading power conversion products is established

1987

AMSC, a pioneer in the grid industry is founded

1991

AMSC’s IPO

1994

Comtrafo, a distribution and power transformer producer is established in Brazil

1995

NEPSI, leading supplier of medium-voltage metal enclosed capacitor banks and harmonic filter banks is established in New York state

Windtec established in Völkermarkt, Austria, as a family-owned company dedicated to the  development of wind turbines and wind turbine components.

2006

World’s first installed commercial scale underground superconductor system powering thousands of homes and businesses in Ohio, USA.

2007

Acquired Windtec a leader in the engineering of wind turbines pushing the boundaries of innovation and contributing to the growth of renewable energy industry worldwide.

2008

Energized the world’s longest and most powerful superconductor cable in Long Island power grid, New York; Powering 300,000 U.S. homes and reducing the volume of conventional copper cables by 98%

World’s first Ship Protection System successfully tested on multiple ships after three years of operation at sea

Penetrated India and South Korea wind markets

2009

Announced successful testing of a 36.5 MW superconductor ship propulsion motor with Northrop Grumman, most powerful motor tested by US Navy with 50% size & weight reduction

2010

Named one of the world’s 50 most innovative companies

Received its largest grid interconnection system order from Vestas for Australia’s largest wind farm

Nearly 10% of the world’s wind-generated electricity is powered by AMSC

AMSC introduced Amperium wire, a second-generation high temperature superconductor wire 

2012

AMSC Celebrated 100th STATCOM Sale

Superconductor wire selected for European maritime project

STATCOM systems expanded to strengthen the UK power grid

2013

Expanded D-VAR STATCOM into South Africa 

2015

Received contract from US Navy for superconductor equipment

Entered into $210M strategic agreements with wind partner Inox Wind Limited in India

2017

Delivered beta version of Deployable Mine Countermeasure Payload System to US Navy

Acquired Infinia Technology Corporation, allowing AMSC to obtain cryocooling technology and deliver greater value to its customers, business partners and shareholders

Received first ship protection system contract for the US Navy San Antonio-Class Amphibious Ship Platform USS Fort Lauderdale

Launched Volt VAR Optimization Solution (DVAR-VVO) for Power Distribution Market 

2018

United Power selected AMSC’s D-VAR VVO™ for voltage optimization

ComEd installed AMSC’s Resilient Electric Grid system in Chicago

2019

Awarded second Ship Protection System for US Navy San Antonio-Class Amphibious Ship Platform USS Harrisburg

2020

Acquired Northeast Power Systems (NEPSI) and accelerates path to profitability 

Awarded contract for third Ship Protection System for the US Navy San Antonio-Class Amphibious Ship Platform USS Pittsburg

Receives contract for mine countermeasure system

2021

Completed design certification of 3 MW class wind turbine for Inox Wind in India

Successfully integrated Resilient Electric Grid system, first of its kind in Chicago

Awarded Ship Protection System contract for US Navy San Antonio-Class Amphibious Ship Platform USS Richard M. McCool

Acquired Neeltran, extending product offerings

2022

Successfully developed and internationally certified 8 MW class offshore wind turbine with Doosan Heavy Industries in South Korea

2023

Received initial 3 MW ECS order from Inox Wind in India

Announced $8 million contract for US Navy deployable mine countermeasure system

Reported non-GAAP net income and positive operating cash flow during fiscal year 2023, underscoring a new record level financial performance for the company

2024

Awarded first allied Navy contract with the Royal Canadian Navy for $75 million of ship protection system

Acquires NWL extending product offerings in military and industrial sectors

2025

Supported 18 GW of wind power with electrical control systems

Supported nearly 15 GW of power quality, equivalent to powering nearly 13 million U.S. homes, with D-VAR technology

Enabled the distribution system to incorporate more than 100 MW of renewable power with VVO technology

Acquired Comtrafo, expanding product portfolio and enters Brazil