Allison Transmission Holdings has significantly expanded its drivetrain and propulsion systems business through acquiring the Off-Highway Drive & Motion Systems business of Dana. The $2.7 billion deal, finalized in January, creates a new global giant overseeing aggressive development of hybrid and electric propulsion systems for […]
Azimuth thrusters, typically employing powerful neodymium permanent-magnet motors, have become a major tool for electrifying maritime propulsion. Kongsberg Maritime, a pioneering leader in the technology, has recently extended the range of its underwater mountable, permanent magnet azimuth […]
Sollau, a prolific developer of magnetic separations equipment in Czech Republic, has several innovative new products tailored for industrial operations. Standouts in its product lineup include a triple magnetic drum using neodymium magnets for exceptional […]
ThinKom Solutions is leveraging its innovative VICTS phased array antenna technology to unlock high-power microwave systems for directed energy weapons in military markets, while also developing new ground stations for satellite communications. The “Variable Inclination Continuous Transverse Stub” phased array antennas use magnetic induction to drive the stub discs […]
Specializing in cutting-edge electric powertrain technology, Magtec is bringing innovative e-mobility solutions to delivery fleets and rail systems. Permanent-magnet motors and hybrid system development are keys to the British company’s latest advancements for fleet and transit operators. Aiming toward […]
JL Mag Rare-Earth Company, a leading producer of multiple types of magnets based in Ganzhou, Jianxi, China, has established a Rubber Soft Magnetic Division with aims to grow into becoming one of the main suppliers of flexible magnets globally in several years. The move is part of a diversification strategy to capture more business involving magnetic materials with its automotive clientele while breaking into new markets for an expanded product line. […]
Planning to be operational in 2027 at a 190,000-square-foot manufacturing plant now under construction in Minnesota, Niron Magnetics is striding forward on several fronts aimed at establishing commercial-level production of its rare earth-free magnets. It has plans for a second facility producing 10,000 tons annually in 2029. The company has attracted over $300 million in investments from commercial partners including Stellantis, General Motors, and Samsung. […]
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