permanent magnet

e-Power Technology

Evolito Brings Axial Flux Motors to e-Aviation, Participates in H2-Flight Development with Cranfield Aerospace 

August 22, 2024 Editorial Staff Comments Off on Evolito Brings Axial Flux Motors to e-Aviation, Participates in H2-Flight Development with Cranfield Aerospace 

Attendees at this summer’s Farnborough AirShow, always a showcase for innovative technology in aviation held every two years in the UK, got a peek at the latest developments in e-aviation from Evolito, The UK company was spun out in 2021 by YASA, a pioneer of automotive axial-flux electric motors acquired by Mercedes-Benz in July of that year, to exclusively commercialize next-generation electric motor technology for the aerospace market. […]

Materials/Manufacturing

Industry & Academia Collaborate to Develop Euro Magnet Supply Chain 

August 5, 2024 Editorial Staff Comments Off on Industry & Academia Collaborate to Develop Euro Magnet Supply Chain 

Two efforts to build a supply chain in Europe for rare earth resources and magnets are bringing together a cluster of industry and academic players spanning the continent — and reaching even to Beatrice, Nebraska in the USA for processing ore samples from an idyllic field in Norway. Among entities linked to the projects are research technology development firm RTD Talos in Cyprus, research institute SINTEF in Norway, along with REE Minerals in Norway and American processing firm Rare Earth Salts in Nebraska. […]

e-Power Technology

Siemens to Sell Innomotics Motor & Drive Biz for €3.5 Billion to KPS 

June 6, 2024 Editorial Staff Comments Off on Siemens to Sell Innomotics Motor & Drive Biz for €3.5 Billion to KPS 

Siemens is planning to sell off its Innomotics motor and drive business unit for €3.5 billion to investment portfolio company KPS Capital Partners. The move follows creation of Innomotics, carved out as a discrete business unit in 2022, and preparations by Siemens in late 2023 to roll it out as a public company, but in a change of plans now has agreed to the sale to KPS. The transaction is expected to close in 2025. […]

e-Power Technology

Ingeteam Generators, Motors & Power Systems Enable Electrification Efforts on a Broad Scale 

May 29, 2024 Editorial Staff Comments Off on Ingeteam Generators, Motors & Power Systems Enable Electrification Efforts on a Broad Scale 

Few companies in the industrial sector have embraced the concept of electrification on a worldwide scale as prodigiously as electrical equipment maker Ingeteam of northern Spain. Addressing multiple technologies to support propulsion, wind and solar energy, and hydrogen power, its products are increasingly spanning the globe. […]

Materials/Manufacturing

Solvay Partners with Carester for Magnet Recycling & Manufacturing in Europe 

May 21, 2024 Editorial Staff Comments Off on Solvay Partners with Carester for Magnet Recycling & Manufacturing in Europe 

Global chemicals giant Solvay and French rare earths consultancy Carester are planning to form a strategic partnership aimed at leveraging the expertise of both companies to pursue manufacturing opportunities within the rare earth industry for the permanent magnets value chain in Europe. The collaboration, announced in March as a signing of a memorandum of understanding, will enable both companies to enhance their respective strengths in the rare earths industry, with Solvay contributing its industrial assets and operational experience, and Carester bringing expertise in recycling end-of-life equipment, upstream market knowledge and related activities. […]