CorePower Magnetics (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
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. ​ CorePower Magnetics’ patented combination of advanced manufacturing processes and novel materials result 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.

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