e-Power Technology

magniX Develops “E-Engine” for Helicopters 

magniX, a company focused on powering the electric aviation revolution, has launched a new range of lightweight, high-speed “electric engines” for helicopters. The HeliStorm engines are basically permanent-magnet synchronous AC motors designed for rotorcraft from […]

Materials/Manufacturing

Neo Performance Materials Ships First Magnet Samples Produced at New European Facility to its Tier 1 Traction Motor Customer

Neo Performance Materials Inc. recently announced that its new permanent magnet facility in Estonia has shipped sintered magnet samples for a Tier 1 traction motor customer meeting specific magnetic properties. This milestone marks a significant step forward in Neo’s commitment to providing high-performance materials for the electric vehicle market. […]

Materials/Manufacturing

Cyclic Materials to Invest Over $20M in its First Magnet Recycling Plant in U.S. 

April 23, 205 – Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global rare earth element recycling operation focused on the separation of permanent magnets from end-of-life products previously not recovered, using its proprietary MagCycle process. […]