Magnax develops and licenses yokeless axial flux electric motor technology for various industrial applications. This core technology is implemented through separate companies focused on creating optimized axial flux solutions for their specific markets. The company enables the deployment of advanced motor designs across multiple sectors.
Funding
$41.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Electric mobility and aerospace industries face challenges in creating lighter and more energy-efficient powertrains. Traditional electric motor designs often result in heavier systems with significant energy losses due to high stator temperatures and core losses.
Solution
Magnax develops yokeless axial flux motors designed to overcome the limitations of conventional electric motors. Their patented cooling system for windings ensures low stator temperatures, while the use of oriented electrical steel minimizes core losses. This technology enables e-mobility companies to create lighter, more energy-efficient electric powertrains and aerospace propulsion systems, improving overall performance and range. The company's approach focuses on optimizing axial flux solutions for specific markets through separate ventures.
Target Audience
The primary target audience includes e-mobility companies focused on electric vehicle development and aerospace companies seeking advanced propulsion systems.
Features
- Yokeless axial flux motor design for reduced weight and size
- Patented winding cooling system to maintain low stator temperatures
- Oriented electrical steel construction to minimize core losses
- Modular design adaptable to various e-mobility and aerospace applications
- High power density for improved performance in weight-sensitive applications