Magnax

Magnax operates as a holding company, valorizing its core patented technology through strategic spin-off companies targeting specific markets. This structure includes Traxial for the ground-based e-mobility market and Axyal for aerospace propulsion systems. The business model centers on the development and commercialization of its proprietary motor technology, generating revenue through direct sales of motors and generators, custom engineering solutions, and potential licensing agreements. Clients are typically manufacturers and original equipment manufacturers (OEMs) in the electric vehicle, industrial machinery, and aerospace sectors who require compact, high-performance motor solutions.

The company's core product is a next-generation yokeless axial flux motor, a design that distinguishes itself from traditional radial flux motors. Key features include a pancake-like, compact shape, a dual-rotor, single-stator topology, and a direct winding cooling system. These characteristics result in motors that are significantly lighter and thinner while offering superior power and torque density. For clients in the EV space, this can translate to up to 20% more vehicle range from the same battery, greater design flexibility, and a reduction in required materials like copper. The technology, developed in collaboration with Ghent University since 2008, addresses key industry challenges related to efficiency, size, and cost-effectiveness.