Details

Last Funding Type

Grant

Last Funding Money Raised

$5M

Industries

Advanced Materials,Electronics,Manufacturing

Founded date

Jan 1, 2020

Number Of Employee

1 - 10

Operating Status

Active

Electrification of transportation, greater energy efficiency and grid modernization require advances in power electronics and power conversion systems. Magnetics have presented a critical limitation in advancing these technologies. With the ability to custom engineer the features of magnetic cores, CorePower Magnetics’ components represent a step change in efficiency and power density.
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CorePower Magnetics’ patented combination of advanced manufacturing processes and novel materials results in up to 10x reductions in weight, 5x reductions in volume, and 50% reductions in losses with no rare earth metals required. Combined with our lower operating temperatures, these benefits lead to higher current capabilities, increased electric vehicle ranges, and longer component lifetimes.