American Superconductor (AMSC) - Get Report was up 22% in midafternoon after the company announced it had received, with partner General Electric (GE) - Get Report, a follow-up order from utility company Entergy for two more distributed superconducting magnetic energy storage units.

The products boost the efficiency and reliability of power transmission in existing grids.

The new order is in addition to products currently being installed in the Houston area. The new units are to be installed by summer 2002.