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

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 Under

The European Innovation Council (Eic)

Total Cost

3 569 243,75

Eu Contribution

2 498 470,00

Coordinated By

Spindrive Oy

Finland

Start Date

1 July 2024

End Date

30 June 2026

Objective

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.

Major organization : SPINDRIVE OY

Address : Laserkatu 6

53850 Lappeenranta

Finland

Country :Finland
Financier : EUROPEAN UNION (EU),

Financier address : Financier Address: European Union (Eu) Rue De La Loi 200/Wetstraat 200, B-1049 Bruxelles/Brussels, Belgium Tel: 32-2-2999696, 2993085 Fax: 32-2-2961749 Ec.Europa.Eu/