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During the last conference call Mr. Yurek stated that the HTS motor is a "distruptive technology" and that ship propulsion is a "killer application." He stated the 2020 market for ship propulsion to be $2B-$4B annually world-wide. He also stated that the 5000HP prototype for industrial application would be ready this summer, and that he expects additional contracts for prototypes this year.

Tim


Remember too that Yurek said the 5000 hp motor was a "proprietary design". My take on that phrasing is that not only will AMSC benefit from the sale of the wire that goes into the motor but that anyone wishing to manufacture the motor will be paying royalties to AMSC for the use of this design. Hopefully, we'll also see some patents on the design of the HTS motor.
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