Summary
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.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/101162683 |
| Start date: | 01-07-2024 |
| End date: | 30-06-2026 |
| Total budget - Public funding: | 3 569 243,75 Euro - 2 498 470,00 Euro |
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Original description
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.Status
SIGNEDCall topic
HORIZON-EIC-2023-ACCELERATOROPEN-01Update Date
04-10-2024
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