Materials/Manufacturing

Cyclic Materials Raises $27M to Scale Recycling Technology, Links up with Solvay and Arnold 

Creating a Circular Supply Chain for Rare Earth Elements and Critical Materials 

Cyclic Materials, a Canadian advanced metals recycling company focused on producing critical materials, today announced it has raised $27 million in an oversubscribed Series A financing. The money is flowing in quickly after accomplishing its first production run of rare earth magnetic material and forging a string of partnerships with magnetics industry notables. These include chemicals giant Solvay which is planning to build a major rare earths magnet operation in Europe, and Arnold Magnetic Technologies (see related article), among others. […]

e-Power

Elaphe Applies Its In-Wheel Propulsion Systems to Growing Roster of EV Platforms 

Slovenian in-wheel propulsion developer Elaphe, a designer of innovative electromagnetic topologies for pushing the limits of power density, is working on several projects designed to bring new levels of performance to the EV market. A major project involves its joint venture with power electronics specialist McLaren Applied targeting automotive applications, other are its work to develop a 350-watt gearless hub motor for electric scooters and manufacturing its systems for solar EV company, Aptera.  […]

Fuel Cell / Hydrogen

Power-to-Hydrogen-to-Power HYFLEXPOWER Demonstrator Completes Initial Tests Successfully 

ENGIE Solutions, Siemens Energy, Centrax, Arttic, the German Aerospace Center (DLR) and four European universities, together forming the Hyflexpower consortium, have successfully completed the first stage of an innovative research project on renewable energy. Located at the Smurfit Kappa Saillat Paper Mill in Saillat-sur-Vienne in France, the program becomes the first industrial facility in the world to introduce an integrated hydrogen demonstrator. The first testing was completed in February, the next set of trials is set for summer of 2023. […]