e-Power Technology

Siemens Acquires Altair for $10 Billion, Building Huge Portfolio in Electromagnetic Simulation Software & AI 

March 26, 2025 – Siemens announced today that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately […]

e-Power Technology

EV Power & Propulsion Systems Deliver Maximum Electrification Properties With Components Containing Magnetic Metals’ Tape Wound Toroidal & Cut Cores 

Visit us at APEC, Booth 451, March 16-20, Atlanta  Magnetic Metals’ tape wound toroidal & cut cores deliver the essential magnetic properties and efficiencies required for:  Our tape wound toroidal & cut cores are specifically […]

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U.S. Navy Commits $45 Million to Leonardo DRS to Expand Submarine Propulsion Facility 

Leonardo DRS announced February 24 that it has received a $45 million U.S. Navy Submarine Industrial Base investment commitment through contracts with Huntington Ingalls Industries’ (HII) Newport News Shipbuilding. The investment is expected to expand the […]

e-Power Technology

Essex Solutions, the New Brand for Superior Essex Magnet Wire, Continues Sustainability Advancements 

The magnet wire plant in Torreón, Mexico of Essex Solutions, formerly Essex Furukawa Magnet Wire, has become the company’s fourth facility to achieve sustainability certification in the U.S. as part an ongoing dedication to achieve […]

e-Power Technology

YASA and Lamborghini Unveil High-Performance E-Propulsion Technology 

Automobili Lamborghini has unveiled the Temerario, the legendary Italian marque’s new twin-turbo V8 hybrid super sports car. Core to the performance are permanent-magnet axial flux motors built with short copper windings optimized to deliver high torque that is as much four times that of other EV motors. […]