MyP Magnetica Italiana, a producer of flexible magnets and distributor of magnet products, reports that it is planning to expand internationally with the establishment of a new operations and commercial headquarters in Brazil. Based in […]
Amidst skyrocketing prices for neodymium rare earths, with $30 million in new funding from the Australian government, and with South Korea stepping up to position itself as a favored buyer, Arafura Resources is gaining momentum […]
Swiss motor manufacturer Portescap has opened a new engineering laboratory in India and, separately, has developed a new high-speed motor with a specialized coil design for enhancing magnetic flux. The new laboratory at its Mumbai […]
Servo motors are at the heart of modern gimbals, allowing them to move and position components in tracking and communication equipment for military and surveillance devices, navigation systems, industrial robots as well as drones and […]
Using powerful neodymium magnets for full-range sound, Panasonic has developed an immersive speaker for gamers that can be worn on the shoulders, more comfortable than a headset but with advancements in acoustic realism. It unveiled […]
The global neodymium market size is expected to reach USD 3.39 billion by 2028. It is expected to expand at a CAGR of 5.3% from 2021 to 2028. The demand for electrical and electronic products […]
Amazing Magnets is planning to relocate its business operations from Anaheim, California and building a state-of-the art global headquarters in Round Rock, Texas. The new 40,000 square-foot building will have an engineering design workspace, a […]
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