Magnomatics, the Yorkshire based green technology company, specialising in the development of advanced magnetic transmission systems and high-torque electrical machines, is pleased to announce it recently received a £100,000 Smart award to develop a second generation of its MAGSPLITTM product.
MAGSPLIT is a highly innovative and very efficient power-split device that combines the functionality of a magnetic gear and a motor generator in a very compact unit. MAGSPLIT substantially improves the system efficiency, and therefore fuel economy, compared to the mechanical gear and motor/generator combination found in many of today’s hybrid cars. MAGSPLIT is also much more compact freeing up valuable space.
The solution is attracting a lot of interest, particularly from vehicle manufacturers. Magnomatics is currently working with a leading global car manufacturer on a project funded by the UK government’s Technology Strategy Board (TSB) to evaluate the application of the technology in hybrid cars.
In a separate project, also funded by the TSB, Magnomatics is working with a large, internationally renowned, truck and bus manufacturer, to evaluate the application of MAGSPLIT for larger commercial vehicles. Although MAGSPLIT is currently mainly being developed for automotive applications, it can also be used in a variety of other sectors, including off-highway vehicles, rail, marine and wind energy generation.
In 2012 Magnomatics secured £2.5 million funding to develop magnetically geared motors and generators for the hybrid and electric vehicle market. £1.06 million was provided by IP Group which was matched by Finance Yorkshire. Fusion IP also invested £366,000 in the technology.
Chris Kirby, managing director at Magnomatics commented, “We continue to develop innovative products that are attracting interest from internationally recognised companies across the world. The Smart award will allow us to recruit high calibre experts, which will in turn allow us to dedicate more resource to developing our MAGSPLIT solution, whilst also developing our relationships with customers.”
Magnomatics Limited is a high-technology spin-out company formed in 2006 from the leading internationally renowned research group in Electrical Machines and Drives at the University of Sheffield. The Company develops and delivers novel proprietary magnetic transmissions and ultra compact and efficient motors and generators for some of the world’s largest multinationals and is active in a range of industries, including renewable energy, automotive, aerospace, marine and defence.
About Smart Awards
Managed by the Technology Strategy Board, the Smart scheme offers funding to small and medium-sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology, from which successful new products, processes and services could emerge.