Electromagnetics

Surging Data Centers Drive Reliance on Magnetic Technology for Cooling 

As AI adoption and cloud computing drive rapid expansion of data centers, managing the growing heat load in cavernous buildings stuffed with electronics is driving fresh reliance on the use of magnetic technology for cooling the sensitive equipment. Examples are plainly evident at recent data center events, HVAC shows, new product developments – and recent orders from data center operators. More powerful and reliable HVAC systems are being designed with compressors having oil-free active magnetic bearings, while embedded in the server racks liquid immersion cooling systems using sealless mag-drive pumps are bringing a new paradigm to data center cooling.  […]

Materials/Manufacturing

Greenland Mines Acquires Sarfartoq Rare Earth Project from Neo Performance Materials for $35M

The US-listed company announced it has agreed to acquire the Sarfartoq project in southwest Greenland from Neo Performance Materials. As a consideration, it will pay a total of $35 million, comprising $20 million cash and $15 million in newly issued shares. As part of the transaction, Neo Performance will receive offtake rights on up to 60% of future ore or mineral concentrate production from the Sarfartoq project […]

News

Scientific Magnetics Ships 20th Quantum Computing Magnet 

Scientific Magnetics, an Oxfordshire, UK-based developer and manufacturer of advanced superconducting and resistive magnet systems reports that it has shipped its 20th superconducting magnet for quantum computing applications. Located in Abingdon south of Oxford, SciMag has over 30 years’ expertise in environmental factors that directly affect qubit noise performance, positioning the company as a key partner for qubit magnet technologies, from design and manufacture to site qualification. […]