Magnax

Based in Kortrijk, Belgium, Magnax is a technology firm founded in 2015 that specializes in yokeless axial flux electric motors. The company's genesis traces back to co-founder Peter Leijnen, a mechanical and mechatronics designer with over 25 years of experience, who initially developed a prototype for a light, powerful generator for a wind turbine project in his garage. In 2016, Leijnen partnered with Daan Moreels, an aerospace engineer with a background in launching tech startups, and Kester Goh, who brought venture capital and IT startup experience to the team. Recognizing a significant market opportunity, the founders pivoted from wind energy to focus on the electric vehicle sector.

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.

Keywords: axial flux motor, yokeless motor, electric vehicle powertrain, electric motor manufacturer, EV technology, power density, torque density, aerospace propulsion, Traxial, Axyal, direct drive motor, EV components, electric mobility, cleantech, powertrain solutions, advanced manufacturing, motor efficiency, EV engineering, electric aircraft, e-mobility