Added: Apr 14, 2015 4:51 pm
Since the last amendment of this synopsis the Governments quantity and combination of required parts to make up the degaussing system has been updated. The Governments intention to award a Firm Fixed Price (FFP) contract to American Superconductor. The Naval Surface Warfare Center Carderock Division (NSWCCD) Philadelphia has updated the requirement for High Temperature Superconducting (HTS) Degaussing equipment.The HTS degaussing system consist of HTS cables with quick disconnect terminations, cryogenic refrigeration systems, cryogenic transfer lines, power supplies and system level controls that must be integrated into the existing American Superconductor proprietary system.
The Government intends to solicit and negotiate with only one source under authority of FAR 6.302-1. Interested persons may identify their interest and capability to respond to the requirement or submit proposals. This notice of intent is not a request for competitive proposals and does not constitute a solicitation. However, all proposals received within fifteen (15) days after the date of publication of this synopsis will be considered by the Government. A determination by the Government not to compete this proposed action based upon responses to this notice is solely within the discretion of the Government. Information received will normally be considered solely for the purpose of determining whether to conduct a competitive procurement.
Search for gov sites on Google and "American Superconductor" and you get an April 2015 ConEd report to the NY public utility commission. "2015 R&D report and Project Status Sheets". Interesting read.
What I'll be interested in is whether this affects any of the REG deployments. Presumably, bringing a production line from where it was developed to Devens must have taken a bit of time and will hopefully lower the costs associated with REG. Yes, I know that all the DHS stuff says that REG 'will become' affordable but this is probably a step in the right direction and we're due for news about that. Anyway, I've been burnt by AMSC so many times that I'm just pleasantly suprised when it makes up some of the ground its lost with it. You have to admit, its a great story stock though - it this was a novel, this would be a Clavell or Follett. :-)
This was an interesting item in the otherwise slim pickings of the release (last sentence in particular):
AMSC has been working jointly with the Navy Metal Working Center of Excellence to optimize manufacturing costs associated with HTS degaussing cables. During the course of this Manufacturing Technology (ManTech) program, the cable making process has been streamlined and is expected to meet the delivery and cost targets associated with full ship production. The manufacturing infrastructure developed under the ManTech program has been transitioned to AMSC's Devens facility.
Well Bloomberg just awarded Blade some sort of generic award for being a promising company. I think AMSC owns something like 20% of its value but then zeroed out in the books because no one wanted to buy it when they offered. If you're looking for hail mail sorts of things - someone might offer them a bit in exchange. Hey, just thinking aloud, they could give their share to Inox or even Sinovel as a face saving as part of a larger deal. :-)
Thank you, that was a good one. Also, REG news should be coming up. And maybe the stake in Blade Dynamics is not completely worthless (they wrote it offi completely, i think).
Is that a floating number (ie that depends on a floating average) or a gut sense? Just curious and not meaning to be overly skeptical - would just like to know how you got that number.
This $160 million competitive solicitation promotes development of a broad range of new clean energy resources. Contracts for these projects will be awarded for a term of up to 20 years. Recognizing the maturation of fuel cell equipment, for the first time ever, fuel cell projects will also be eligible for 20-year contracts.
Why would he not have had to file ? SEC rules are pretty strict about filing for significant owners. Nice hope though. For me the next chance is when Inox Wind gets listed (this coming week I think) they will want to announce a new supply contract with AMSC to show what they are doing with their funds. AMSC has a factory in R o mania so its production costs should be in Euro so lower costs but less profit...
Bragging on their website about their new capital infusion, small profit for 2014 and big plans with new board of directors. Dated today. One can still dream they will want to fix their past problems too? Probably not but...
N6554015R5028. Darn another pre-award 'intent to award a fixed price contract' with 15 days for others to respond. Up on fbo site.
Interested in your thoughts-- does Inox wait until after their IPO (probably in March) to sign any new contracts or does it sign with AMSC to show how valuable it is for the IPO? I am thinking (and hoping) that signing is relatively cheap for them because they will only pay when delivered (and lucky for AMSC their Romanian factory is priced in Euros so hopefully cheaper inputs).
Great thanks. Makes sense. I admit I am placing probably too much hope on the degaussing contract and was a bit frustrated there is another company that seems to.tout superconducting degaussing as what they do.
Yes but they seem to be working only with Superpower cables. They say they are doing superconducting degaussing but appear to have no connection to amsc. They use helium. Amsc uses nitrogen. They seem to be competitors.
Hey anyone know who Advanced Conductor Technologies is? They use helium but cannot seem to find a link to AMSC. Could be they're testing two different techs?