Research & Development
Three companies based in the Los Angeles area — Virgin Hyperloop One, Hyperloop Transportation Technologies and Elon Musk’s The Boring Company — are locked in a a globetrotting whirlwind competition to develop magnetic-levitation transportation systems.
TT Electronics, a UK-based global provider of magnetic components and engineered electronics, has acquired the US company, Precision. The move includes its absorption of the magnetics division of Cummins Power which Precision acquired earlier in […]
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