Magnomatics attracts contracts

摘要

High-torque magnetic gear innovator and University of Sheffield spin-off, Magnomatics, has revealed that it is now working on contracts worth in excess of $25m, including two EU Framework 7 projects with companies such as Siemens AG, Volkswagen and Fiat. The first of these. Integrated Enabling Technologies for Efficient Electrical Personal Mobility (PMOB), will result in a radical new vehicle concept for urban driving, whilst the second, CASTOR, (Car multi propulsion integraTed pOwer tRain), will develop technology for electric vehicles.