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The smallest, most affordable and efficient active magnetic bearings for ultra-high-speed applications

SpinDrive is developing the Magma X100, a compact and affordable AMB controller that enables mass-market applications and enhances efficiency, maintenance, and monitoring in electric motor technology.

Subsidie
€ 2.498.470
2024

Projectdetails

Introduction

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.

Product Development

SpinDrive is developing Magma X100, the smallest, most affordable & efficient AMB controller that solves the limitations of both standard bearings and existing AMBs. The key features of Magma X100 include:

  1. Ultra-high efficiency
  2. Maintenance-free operation
  3. No risk of contamination
  4. IoT condition monitoring & predictive maintenance

Market Impact

With Magma X100, we make AMBs suitable for mass market applications for the first time, enabling the energy revolution. Potential applications include:

  • Green hydrogen compression
  • Renewable & distributed power generation
  • Fuel-cell electric vehicles (EV)
  • Heat pumps

Business Projections

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.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.498.470
Totale projectbegroting€ 3.569.243

Tijdlijn

Startdatum1-7-2024
Einddatum30-6-2026
Subsidiejaar2024

Partners & Locaties

Projectpartners

  • SpinDrive Oypenvoerder

Land(en)

Finland

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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