Plug for underground electricity cable today On the radio today in regard to the devastating hurricane in Puerto Rico there was pitch for underground electric cable for power transmission and distribution. Superconducting cables were not mentioned specifically but if you are going to put cables underground they may as well be superconducting for many reasons including environmental safety reasons.
Mark Steyn was on a radio show that reaches more than 27 Million listeners when he suggested that it would make more sense to put electricity cables underground instead of overhead in hurricane country. He said that it doesn't make sense to require that houses be built to withstand hurricanes and then leave the electricity cables vulnerable and people without power for weeks and perhaps months as they are saying about the aftermath of Hurricane Maria.
Next week is the delayed reverse wind auction. Hope inox does well. Unfortunately short term they are our only hope.
Hey chris, maybe try a little Superglue to put that handle back on the cup.
Barrygeo, more on superconducing aircraft "envisioned" "A NASA Perspective on Electric Propulsion Technologies for Large Commercial Aircraft Nateri K. Madavan abstract; NASA Advanced Air Transport Technology Project, NASA Advanced Supercomputing (NAS) Division, NASA Ames Research Center, M/S 258-2, "
Superconductivity News Forum | Superconductivity News Forum
Err, What's Up Doc?! Back to the 3.85 hole soon. Eats carrots so you can see AMSC clearly - no sales.
Something definitely seems to be sparking some interest in the stock. I can definitely see future work coming from flood hit areas, rebuilding the grid to be more robust..
But I'm still uncertainly how REG will assist in mitigating EMP threats by N. Korea..
That said, to rebuild and upgrade the US electrical grid is somewhere in the $5 Trillion range. Should this receive the attention it well deserves, I see a lot of potential business for AMSC. And that could mean substantial upside in the stock price.. Substantial..
Ready for some American innovation?
Real simple... this is what happens when a company has no sales & all hocus-pocus. That's all folks!
As Hurricane Irma rampaged through Florida, snapping power lines and damaging vital equipment, it left as many as 15 million people in the state without electricity, the Department of Homeland Security said on Tuesday. While some homes may see power restored within days, utilities said that other customers may have to wait weeks.
This is why non-intrusive (compact), underground superconducting cables are needed as back up for such events.
When did you close your short position? Please tell me you got a new one!
Although AMSC has wonderful proprietary superconductor technology, although they are exclusively the contractor to the Navy for that technology, I'm going to wait a little to buy. It appeared that sellers moved in during the closing ticks of trading today. So, the stock may take another dip on Friday.
Saul thanks also for the link. Really good information on this thread. The stated amount is lower than expected and agreed this tech moves at an agonizing pace sometimes, but I would like to hear the company’s take on the contract amount before jumping to conclusions.
“Lafeet” sums up my personal take on the contract very well;
“Regardless of the amount of money involved to start there is nothing at all negative here. It is all good.”
The contract clearly states the impracticality of switching suppliers for the current Navy HTS requirements. Establishing a Sole Source with the Navy for any HTS is huge. The Navy has invested hundreds of millions of dollars in HTS tech. The stream of revenue is just beginning. Once one Sole Source is established others potentially follow so much easier. The Navy is currently Beta testing a deployable “Mine Countermeasure System” not to be confused with the ship degaussing system. This system does not require retro fits into the hull – i.e. “Deployable”. So, you start looking at a market from the existing fleet (100 ships est.). A couple of million per (EST).
The 2015 engineering contract from the Navy was not just for SPS; it was also for HTS power delivery. AMSC stated last Web Cast; “ We intend to increase AMSC content, per ship. Through internal development or acquisition of tech to “system levels on a variety of applications”.
Don’t forget AMSC are pursuing NAVY contracts through 3 streams.
POWER DISTRIBUTION: PIPELINE
PROPULSION: Successfully Completed full power test with Northrop Grumman Corp. in January 2009.
“Incorporating coils of HTS wire that are able to carry 150 times the current of similar-sized copper wire makes the motor less than half the size of conventional motors used on the first two DDG-1000 hulls and will reduce ship weight by nearly 200 metric tons (Figure 5). This will make new ships more fuel-efficient — saving close to $1 million annually, depending of the cost of oil — and free up space for additional war-fighting capability.” Okay – longer term.
Destroyers are one on the most in demand ship requirement. The contractor for “prime contract mission system” i.e. combat system for the ZUMWALT class destroyer is RAYTHEON; Prime supplier for the laser weapon systems being deployed throughout all US Military in DEW (Direct Energy Weapons) systems.
As far as INOX go, if you trust their guidance they are gaining market share and revenue should return in 4th quarter 2017n to 2018.
According to the last Qtr. Webcast the 3 rd. Qtr. Grid should be the best in “several years”. VVO Distribution Voltage Optimization looks very promising. With current market potential very similar to DVAR, could ramp up higher with electric vehicle demand (i.e. TESLA 3)
BASF developments and new Unilateral trade agreements with China are will of the wisps but,
IMHO I would at least hold at this point.
Even degaussing the USS AMSC won't stop this puppy from sinking.
They should spin off windtec and sell it to inox to fund grid if they land a large REG order rather than doing another equity sale, especially at the current stock price. In 2016 wind sales were almost $70M. Rule of thumb valuing a business is 1x sales. I'll take it instead of issuing more shares. The only way you dilute is if the share price goes through the roof
Looks like the "spark" couldn't light the BBQ. Must be out of propane. Time for Blue Rhino,
Hey Chris, how's your tea. AMSC is Salada hocus-pocus.