CorePower Magnetics is a Pittsburgh-based startup that delivers state-of-the-art compact and efficient magnetic solutions targeting electric vehicles (EVs) and the grid.
Until now, magnetics have presented a critical limitation in advancing the electrification of transportation, greater energy efficiency, and grid modernization. CorePower’s new patented
combination of advanced manufacturing processes and novel materials represents a long-awaited and significant advancement in efficiency and power density in power electronics and
power conversion systems and has the potential to reduce the need for rare earth elements in electric motors.
“Magnetics technology has been slow to innovate which has severely limited renewable power and electric vehicles from reaching their full potential,” said CorePower’s CEO Sam Kernion.
“We are grateful for the support of our efforts to enable solar and EV adoption by optimizing our proprietary magnetic materials and manufacturing processing to increase performance and promote widespread commercialization.”
More information at www.corepowermagnetics.com/