AMSCs super machines

Importer

Having received the green light from the US Navy in October 2004 to proceed toward final manufacture of a 36.5MW ship propulsion motor, American Superconductor (AMSC) has continued to make excellent progress and expects the motor’s final assembly to be complete in early 2006. Greg Yurek, AMSC?s chief executive, commented that AMSC expects to complete factory testing and delivery of the motor in the summer of 2006.

“We plan to ramp up our sales effort around HTS ship propulsion motors,” Yurek said. “A key part of our strategy to penetrate the commercial and military ship propulsion markets has been to form strategic alliances that bring us both industry experience and market presence. The first of these is with Northrop Grumman Marine Systems, which commenced in October 2004. This alliance, which covers development and sales of all HTS products to the U.S. military, is focused on sales of HTS ship propulsion motors and generators. This year, we intend to form an additional alliance that will focus on the worldwide commercial ship propulsion market.”