Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
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.


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.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.