Charged EVs | Axial-flux motor agency Magnax closes $20-million funding spherical


Magnax has closed a €20-million ($19.97 million) funding spherical. The corporate says it plans to make use of the funds “to speed up product improvement, develop the engineering crew and broaden assist for patrons and companions.”

Magnax has patented a single-stator, dual-rotor axial-flux motor that straight cools the windings. In keeping with the corporate, the motor “delivers the best and environment friendly motor topology identified at this time.”

Charged EVs Axial flux motor firm Magnax closes 20 million funding

“With as much as a 4x improve in volumetric torque density versus conventional radial flux electrical motors, automotive and airframe builders can use the compact and skinny ‘pancake’ form of Magnax’s axial flux motors to their aggressive benefit,” says the corporate.

Magnax has spun off the corporate Traxial to commercialize its axial flux motor for the bottom EV market and the corporate Axyal for the electrical aerospace market.

Supply: Magnax


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