Diligence memo · auto-generated · as of July 2, 2026

American Superconductor Corp /De/

American Superconductor Corp /De/ looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

American Superconductor Corp /De/ operates in Other Energy, based in Devens.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

American Superconductor Corp /De/ has raised $25M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $25M on 2012-04-04.

Most recent recorded round closed around 2012-04-04.

Valuation (modeled)modeled

Provath models American Superconductor Corp /De/ at approximately $290M (range $59M–$1.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.19× the median modeled value of Series B Other Energy companies in 2010–2012 (28 peers) — value vs value, same stage and era. Within the normal band (119% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 14.2 yr ago; this sector typically re-raises about every 12 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 84% of Other Energy peers (2049 compared).

Modeled value ranks above 92% of those peers.

Closest niche peers: Nexlube Operating Llc, OPX Biotechnologies Inc, Boulder Wind Power, Inc., Solar Power, Inc., Nexant, Inc.

Peoplefiled

11 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.