American Superconductor Corp (AMSC): The contract announced today amounts to...

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American Superconductor Corp (AMSC)

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Alias Born	04/25/2023

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Tuesday, 04/25/2023 10:35:43 AM

Tuesday, April 25, 2023 10:35:43 AM

The contract announced today amounts to $8 Millionover3 years without guarantee that the Navy will choose this method of mine detectio. That said they probably will ut it's still 3 years before a significant income from this application. On the other hand its in addition to the Nay business which still promises strong future growth. It is also significant in that this development, when completed is likely to be directly transferable to other "commercial" applications beyond the established cable applications.

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