The Massachusetts company, which provides wind turbine designs and development assistance to upstart manufacturers, turbine power electronics, power grid products and superconductor wire, also moved up its target for reaching $1bn in annual revenue from fiscal year 2015 to 2014.
Revenue in its fiscal year 2010 third quarter was $114.2m, up 42% from a year earlier. Most of the growth came from increased power electronics and control systems sales.
