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Stocks A / American Superconductor


Subject:  Competition Date:  9/26/2006  1:37 AM
Author:  DCWD40 Number:  1347 of 2171

While looking through a few competitors, I found this press release from August 16th:

Zenergy Power plc is pleased to announce the acquisition and consolidation of three leading providers of high-temperature superconductor materials and applications. The forces of Zenergy Power plc, Australian Superconductors Ltd., SC Power Systems Inc. and Trithor GmbH (“The Group”) will be combined to create a global player in the field of high temperature superconductivity.

UK-based Zenergy and two of the other companies are not on the competitor list in the AMSC annual report (but Germany-based Trithor is). I find it interesting that companies are joining forces instead of remaining stand-alone operations. It says that there are a lot of superconducting want-to-be companies and that someone is gaining traction toward commercialization. The urge to merge is certainly a sign that the grass isn't greener at home...

Just one person's observation...

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