The smallest, most affordable and efficient active magnetic bearings for ultra-high-speed applicationsbroad
MAGMA X100 · Horizon Europe grant · 2024-07-01–2026-12-31
EC contribution
Total cost
Beneficiaries
About the data
Source: CORDIS (official EU open data), Horizon Europe. Framework HORIZON · call HORIZON-EIC-2023-ACCELERATOR-01 · scheme HORIZON-EIC-ACC-BF · topic HORIZON-EIC-2023-ACCELERATOROPEN-01. CORDIS record →
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.
Beneficiaries (1)
| Organisation | Country | Role | EC contribution | SME |
|---|---|---|---|---|
| SpinDrive Oy | FI | coordinator | €2,498,470 | Yes |
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