Kollmorgen, a leader in high-performance motion control systems, has launched the AKMA servo motor built specifically for durability, cleanability and versatility. The motor employs a hardened anodized aluminum surface to offer machine designers a cost-effective […]
Adamas Intelligence has announced the publication of its latest annual report, “Rare Earth Magnet Market Outlook to 2040”. The report is a comprehensive deep dive into the global market for NdFeB permanent magnets and the […]
Neo Performance Materials, considered a bellwether of the permanent magnetics industry, has named a new president in concert with the upcoming retirement of its CEO and long-time leader Constantine Karayannopoulos and, in rapid succession, recently consummated two deals that further its mines-to-magnets vertical integration strategy:
By acquiring SG Technologies Group Ltd (SGTec) in the UK, Neo moved further up the value chain and expands its specialty manufacturing footprint in Europe to better serve rapidly growing magnet demand from the electric vehicles, electronics and clean energy industries.
In Greenland, it progressed another step in developing its own rare earths mine as the government approved transfer of an exploration license from Hudson Resources of Canada, clearing the way for Neo to acquire it. […]
The global market for permanent magnets is forecast to grow at a robust clip of more than 13.2% annually over the next five years, reaching a value of $56.7 billion in 2027, according to a […]
HRL Laboratories, LLC, has begun work on the surface laser architected magnets (SLAM) project to improve magnets within electric vehicle motors, a new Advanced Research Projects Agency-Energy (ARPA-E)- funded effort. […]
With the tubular structure of its LinX motors, ANCA Motion maximizes the magnetic flux generated by the permanent magnets contained in their stainless steel shaft. Employing the full shaft surface for magnetic force, the motors […]
Stellantis announced today from its headquarters in Amsterdam that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules that will help power future electric vehicles assembled in North America and support the goal of 50% battery electric sales in the U.S. by 2030. […]
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