With US FDA clearance in hand and a new production facility in Hong Kong, Time Medical is charging ahead to get NEONA, its breakthrough neonatal magnetic resonance imaging system, on the market. A world-first superconducting MRI system dedicated for baby diagnosis, NEONA can significantly improve the precision and image quality of fragile newborns, infants and children. […]
In two separate deals, British electric drive specialist Saietta has forged a master supply agreement with AVTEC Limited, a major independent manufacturer of powertrains in India, for production of Saietta’s e-drives for lightweight vehicles in that country, and also received an order for 3,000 units for placement in AYRO urban duty vehicles in the USA. […]
USA Rare Earth plans to start up neodymium magnet production next year at its plant in Stillwater, Oklahoma and to be supplying it with rare earth feedstock mined at its own Round Rock property in Texas in late 2025 or early 2026, reports CEO Tom Schneberger to Magnetics Magazine. […]
NORD DRIVESYSTEMS is a global gearmotor and control products manufacturer that has seen exponential growth over the last several years as more companies incorporate automation into their workflow. To meet the increased product demands while maintaining a high level of customer service, NORD has expanding their American operations into the southern state of Texas. […]
Kendrion has opened a new factory in Suzhou that becomes its largest production site worldwide as the company aims to boost its revenue from China to €100 million by 2025. The plant will produce the […]
Lilium NV, developer of the first all-electric vertical take-off and landing jet, announced that it has successfully arranged a capital raise for a total amount of $192 million, bringing its total raise for the year to nearly $300 million. Innovative electric motors power the craft, and Swedish bearing manufacturer SKF is one of the German aircraft company’s key suppliers. […]
Magnetic Metals’ tape wound toroidal & cut cores deliver the essential magnetic properties and efficiencies required for: Transformers that power EV Charging Stations, Transformers that control & monitor AC induction & DC motor performance Power […]
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