Niron Magnetics has been raking in new strategic investor funding with a $25 million round led by Samsung Ventures that included automotive top-tier suppliers Allison Transmission and Magna, and a further collaboration with General Motors. […]
Northrop Grumman Corporation has been selected by DARPA to further develop the concept of building a moon-based railroad network … The envisioned lunar railroad network could transport humans, supplies and resources for commercial ventures across the lunar surface – contributing to a space economy for the United States and international partner […]
Magnetic component and core specialist TCT of France has collaborated with Belgian semiconductor company e-peas to develop a self-powered AC current sensor using TCT’s magnetic core as an energy harvester based on inductance. The innovative […]
Zettler Magnetics Europe has developed a series of EV-RCD modules for electric vehicle chargers that adopts the principle of detecting differential current by the response of specific amorphous cores to tiny magnetic field changes. They […]
MP Materials has received a $58.5 million federal tax credit to support the construction of its rare earth magnet manufacturing plant in Fort Worth, Texas. The Section 48C Advanced Energy Project tax credit allocation was issued by the IRS and Treasury following a competitive, oversubscribed process administered by the Department of Energy that evaluated the technical and commercial viability and environmental and community impact of approximately 250 projects. A similar award for a $111 million tax credit went to an American subsidiary of Vacuumschmelze recently for its new magnet plant in South Carolina, as reported earlier in Magnetics Magazine. […]
The spin of the electron is nature’s perfect quantum bit, capable of extending the range of information storage beyond “one” or “zero.” Exploiting the electron’s spin degree of freedom (possible spin states) is a central […]
Wurth Electronics Midcom held a ground-breaking ceremony April 24 for construction of a new 70,000 sq ft headquarters facility at its site in Watertown, South Dakota. A business unit of the Wurth Elektronik group of companies based in Germany, it manufactures a broad range of electromechanical and electronic components, many of them magnetic devices. […]
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