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Finland Project Notice - The Smallest, Most Affordable And Efficient Active Magnetic Bearings For Ultra-High-Speed Applications


Project Notice

PNR 63033
Project Name The smallest, most affordable and efficient active magnetic bearings for ultra-high-speed applications
Project Detail Active magnetic bearings (AMBs) are considered the next revolution of electric motor technology. They solve all the limitations of standard high-speed bearing technologies. However, they are still limited to low volume applications in heavy industries since their core component -controller- is very expensive and bulky. SpinDrive is developing Magma X100, the smallest, most affordable & efficient AMB controller that solves the limitations of both standard bearings and existing AMBs, providing 1) ultra-high efficiency, 2) maintenance-free operation, 3) no risk of contamination, and 4) IoT condition monitoring & predictive maintenance. With Magma X100, we make AMBs suitable for mass market applications for the first time, enabling the energy revolution (with applications in green hydrogen compression, renewable & distributed power generation, fuel-cell EV and heat pumps, among others). The high scalability of the new product will be directly translated into our business performance: According to our projections, Magma X100 will represent 80% of our total revenue in 2029.
Funded By European Union (EU)
Sector BPO
Country Finland , Western Europe
Project Value EUR 2,498,470

Contact Information

Company Name SpinDrive Oy
Web Site https://cordis.europa.eu/project/id/101162683

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