The demand for smarter, more efficient industrial operations is growing rapidly, driven by automation, electrification and the need for uninterrupted uptime. Traditional charging and power transfer methods remain a bottleneck in industries such as intra […]
Nidec Motor Corporation and Noveon Magnetics have made a 5-year, binding off-take agreement with the potential to supply more than 1,000 tons of total off-take of finished sintered NdFeB rare earth magnets to support Nidec’s […]
Based on their successful joint development with a European OEM on magnet-free electric motor technology, top-tier automotive supplier Valeo is now extending its portfolio of the externally excited synchronous motors (EESM) towards upper segment vehicles […]
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 […]
BorgWarner continues to expand its new energy vehicle motor business and has recently secured four new projects with three major Chinese domestic brands. The projects include the supply of 400V high-voltage hairpin (HVH) motors to […]
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 […]
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 […]
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