e-Power Technology

Wisk eVTOL Sets Milestone for e-Powered Aircraft 

Powerful permanent magnets assembled into motors for primary propulsion are increasingly making their way aloft in passenger aircraft – albeit mostly in test flights at present but relentlessly proving their way toward operational status in the future. One of […]

e-Power Technology

Leonardo DRS Developing Modular Permanent Magnet Machines for e-Power Programs

Across marine, government and industrial sectors, electrification is accelerating—but the requirements are rarely simple. Platform designers and system integrators are being asked to deliver more power in less space, improve overall energy utilization, and maintain performance in harsh operating […]

Materials/Manufacturing

Energy Fuels to Acquire VAC for $1.9 Billion 

June 23, 2026 - Energy Fuels Inc today announced a definitive agreement to acquire 100% of Vacuumschmelze and their respective consolidated subsidiaries (collectively, “VAC”) from Ara Partners for a total cash-and-stock consideration of approximately $1.9 billion based on Energy Fuels’ closing […]

Materials/Manufacturing

Advanced Magnet Lab (AML) Awarded $2 Million Defense Logistics Agency (DLA) Contract to Qualify High-Grade Sintered NdFeB Permanent Magnets for Defense 

May 19, 2026 – Advanced Magnet Lab, Inc. (AML), a recognized global leader in the development of innovative permanent magnet solutions, today announced that it has been awarded a $2 million Defense Logistics Agency (DLA) contract […]

e-Power Technology

New Holland Goes Electric with Robotic Vehicles for Specialty Farming & Telehandler for Material Handling 

Buiilding from its heritage in diesel power, agricultural and industrial equipment manufacturer CNH Industrial has embraced clean-energy technology with permanent-magnet electric propulsion in two of its recent development efforts, especially for its New Holland brand. A […]