$AMSC American Superconductor

• "The wider the base the more into space”

They design and manufacture power resiliency solutions for electrical grids, wind energy systems, and naval applications

⦿ >$250M 12‑month backlog, “hundreds of millions” of potential large projects across mines, semis, traditional energy and data centers (+ growing pipeline in data‑center power solutions + Navy programs)

⦿ Recent acquisition of Comtrafo: They have around $85M of backlog, with about $55M expected to convert within 12 months post‑acquisition

🌎 Geographic expansion: It gives AMSC a meaningful operating base in Brazil and Latin America, where the government plans more than $20B of grid investment