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American Superconductor Seeks to Commercialize Clean Tech, Superconductor-based Resilient Electric Grid System

Case Background

American Superconductor (AMSC) (NASDAQ: AMSC), a global energy solutions provider serving wind and power grid industry leaders, developed a unique high-temperature superconductor technology, the Resilient Electric Grid (REG). The company was looking to protect its intellectual property (IP) and commercialize its technology, as well as develop relationships with key partners.

Complete Support from Conception to Marketplace Entry

A long-time client of O&R, AMSC engaged the firm to identify this unique high-temperature superconductor technology and file patents in the U.S. and internationally. O&R played a critical role in gaining the IP for AMSC’s technology. We worked with AMSC from conception to invention and worked to support the company through the commercialization of the technology. O&R has also been a part of contract negotiation and finalization as AMSC endeavors to develop key partnerships with energy companies and government organizations.

Positioned to Play a Significant Role in Protecting the Electrical Systems Infrastructure Across the World

In July 2014, ComEd, a unit of Chicago-based Exelon Corporation (NYSE: EXC) and one of the nation’s largest electric utilities, agreed to develop a deployment plan for AMSC’s high temperature superconductor technology to build a superconducting cable system that will strengthen Chicago’s electric grid. The REG effort is part of the U.S. Department of Homeland Security (DHS) Science and Technology Directorate’s work to secure the nation’s electric power grids and improve resiliency against extreme weather, acts of terrorism, or other catastrophic events.