Electromagnetics

iNRCORE Expands Transformer Line; Major Investment Company Steps Into Ownership Position — Signaling More Acquisitions? 

On the product side, iNRCORE has expanded its line of battery management system transformers targeting the EV market while, on the corporate side, major investment firm Warburg Pincus has taken an ownership position in the […]

News

IMRIS Advances Innovative MRI Surgical Theatres & Cryogen-Free SuperC Magnet Capabilities 

IMRIS, Deerfield Imaging, a developer of intraoperative magnetic resonance imaging systems, has made significant advancements in its technical capabilities and market penetration lately. Recent moves include:

FDA clearance of an advanced neurosurgical theatre that incorporates its traveling magnet design.

Acquisition of Superconducting Systems, Inc. (SSI) which develops cryogen-free superconducting magnets for medical and research applications.

Relocation to a new facility custom-built with surgical suite labs for developing its unique technology.

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e-Power Technology

Korean Steelmaker POSCO Establishes ‘China Excluded’ Supply Chain for Rare Earth Magnets in Big Expansion for EV Drivetrain Components 

Holding big new orders from automakers for permanent magnets and planning to build a globally integrated enterprise for magnet and motor component manufacturing, Korean steelmaker Posco International announced on March 18 that it has successfully […]

Materials/Manufacturing

ASM Produces Neo Metal & Alloy at New Plant in South Korea While Progressing on Rare Earths Mine Site in Australia 

Aiming to become a vertically integrated mine-to-magnet producer, Australian Strategic Materials reports that it is now steadily manufacturing neodymium metal and alloy at its new Korea Metals Plant, while making progress in the development of its rare earths mine site in Australia. […]

Materials/Manufacturing

MagnoTherm Wows the Sustainability Movement with Magnetocaloric Refrigerator 

Very few companies have mastered the science of magnetocalorics sufficiently to develop a commercial refrigerator, but perhaps none have also been successful in making the concept “cool” from a marketing standpoint. Now, though, a young academic spinoff company from Darmstadt, Germany is changing the landscape with its Polaris beverage refrigerator. […]