Returning to Long Beach, California, on May 14 – 15, Space Tech Expo USA is set to be bigger than ever before. 2024 sees the launch of the brand-new Technology Conference, which means attendees can […]
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 […]
CorePower Magnetics, building upon soft magnetics technologies invented at Carnegie Mellon University and the National Energy Technology Laboratory, is planning to establish a plant in Pittsburgh to manufacture its signature nanocrystalline magnetic cores and power […]
Sikorsky, a Lockheed Martin company, unveiled on February 27 its plan to build, test and fly a hybrid-electric vertical takeoff and landing demonstrator (HEX / VTOL) with a tilt-wing configuration. The design is the first in a series of large, next generation VTOL aircraft that range from more traditional helicopters to winged configurations. They will feature varying degrees of electrification and an advanced autonomy system for optionally piloted flight. […]
Stellantis NV has announced it intends to increase production capacity of electric drive modules (EDMs) by adding production in Szentgotthard, Hungary, targeted to begin in late 2026. The €103 million investment in Szentgotthard, including grants and contributions from the Hungarian government, is the latest example of Stellantis’ commitment to transforming existing facilities for its electrified future. […]
Combining novel nanocrystalline magnetic materials with advanced manufacturing methods, research spinout Kite Magnetics of Australia is developing electric motors and propulsion systems for electric aircraft designed to enable them to fly further, carry more and emit less. In quick succession after its spinout from Monash University in 2022, Kite has secured $1.85 million in venture funding to support its developments and formed an alliance with H3 Dynamics of France to collaborate on developing hydrogen-electric propulsion systems for aircraft. […]
Magnetic Metals’ tape wound toroidal & cut cores deliver the essential magnetic properties and efficiencies required for: Transformers that power EV Charging Stations, Transformers that control & monitor AC induction & DC motor performance Power […]
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