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Magnax develops yokeless axial flux electric motors for vehicles, aerospace and industrial applications.
Founded in 2015 and based in Kortrijk, Belgium, Magnax develops compact axial flux motors for electric propulsion. It supplies manufacturers and OEMs through business partnerships. In August 2022, the company raised EUR 20.000 mn in a round led by B.I.G. Capital, with SFPI-FPIM participating.
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