Category Archives: Press Releases

Introducing PM-Wire™: A transformative magnet technology that could change the face of industries and bring manufacturing back to America

This new permanent magnet technology will revolutionize existing motors, generators and the emerging $80B electric motor propulsion market

MELBOURNE, FL — (September 25, 2018) – AML Superconductivity & Magnetics (AML), the world leader in the development of magnet-based applications, has completed successful development and testing of its permanent magnet manufacturing technology, PM-WireTM(www.pm-wire.com) that is positioned to fundamentally change the way electric motors and generators are designed, manufactured and used across industries worldwide.

Today, despite a global transition from fossil fuel-based transportation to more efficient and clean electric vehicles, aircraft, and vessels for moving people and goods, significant limitations in magnet technology are keeping major producers across industries from realizing their potential in revenue, market, and environmental impact.

The breakthrough approach represented by PM-WireTMincreases performance for permanent magnet-based products like electric motors and generators, so they can achieve the highest possible power density and specific torque resulting in the lowest possible weight and highest efficiency at a cost far less than any existing solution.

According to AML CEO Mark Senti, “The impact is enormous! PM-WireTMhas the potential to return rare earth mining and permanent magnet manufacturing to the United States, reinventing industries, including automotive, aerospace, energy, medical and maritime. The process dramatically improves the yield and removes the highly laborious process of manufacturing which is the major driver for China’s dominance of the market.”

“We have developed a number of novel, potentially world changing, solutions in the area of magnetics, but this has far exceeded our wildest expectations,” stated Dr. Rainer Meinke, PM-WireTMinventor and Co-Founder of AML.

PM-WireTMallows engineers the flexibility to achieve unprecedented configurations and requirements. In short, engineers will be empowered to design products optimized for their needs rather than be handcuffed to existing magnet sizes, shapes and magnetic field directions.

“We have always seen ourselves as the enabler, the “Magnets Inside,” and with PM-WireTM, we are exactly that – whether it’s a motor or any other permanent magnet-based product,” said Senti.

AML Setting New Standard for E-Mobility Aerospace Propulsion

MELBOURNE, Fla., May 18, 2018 – AML Superconductivity & Magnetics (AML) www.AML-Enabled.com, the world leader in the development of magnet-based applications, today announced the launch of a new aerospace and aviation focus of its transformative electrical machine development program designed to produce propulsion motors with unprecedented performance and cost efficiency for select customers.

With this announcement, the company is poised to lead the industry in a revolution of what’s possible for electrically powered aircraft.

AML High Power Density Motor

The program applies AML’s proprietary technologies, including its advanced CoilCAD™ software to deliver ultra high-power, lightweight motors and generators that achieve unprecedented magnetic flux density without traditional back iron. Additionally, AML developed a novel stator system, that optimizes reliability, overload allowance and redundancy compared to existing electrical machines.

“Over the course of the next 18 months, we expect to achieve unmatched progress with commercially viable electrical machines for aircraft,” said Dr. Rainer Meinke, Co-Founder and CTO of AML.

This program is based on the fact that motors are the heart of electric propulsion, magnets are the heart of motors, and AML is the world leader in magnetic configurations.

To enable scaling of manufacturing of these motors and components, AML is also developing PM-Wire™, a novel technology for manufacturing permanent magnets that reduces cost, waste, and time, while increasing safety and the underlying performance. Simply, it revolutionizes the way magnets are made.

In a game-changing development, AML’s motor configuration combined with its manufacturing technology is showing a potential performance increase of more than 30 percent in high-volume production of these machines.

“Our software allows customers to explore thousands of design solutions for the most optimized configuration AND the magnets inside,” said Mark Senti, Co-Founder and CEO of AML.

Senti attended the UBER Elevate Summit this past week representing AML and its constituents in e-mobility. This summit brought together more than 700 of the world’s foremost on-demand aviation leaders in industry, government, and academia.

The global market size for motors and related components was estimated at $118 billion in 2017 with growth to over $200 billion by 2025. The leading consumers of motors include electric vehicles and industrial machinery at over 60% combined. The aerospace market grabbed about 6% market share in 2017 and is projected to remain through 2025.

While electric vehicles and other industries have and are expected to command significant share of the need for motors, AML believes its innovation holds the key to the future of aviation.

“This may be the holy grail for the electrification of aviation,” Dr. Meinke said.

“We are excited to specifically focus on this multi-billion dollar market where size and weight are fundamental for electric propulsion to be successful as a viable transport system,” Senti said.

AML Superconductivity & Magnetics Paves the Way for Future of Accelerator Magnets

U.S. and International Laboratories have commenced with adoption of AML’s patented technology

MELBOURNE, Fla. (PRWEB) February 09, 2018

AML Superconductivity & Magnetics (“AML” or the “Company”) the world leader in the development of magnet-based applications, is pleased to announce global recognition of its Double-Helix™ technology, including by the Lawrence Berkeley National Laboratory (LBNL) in the United States and the European Organization for Nuclear Research (CERN) in Europe.

Initially invented in the late 90s by a team led by AML CTO and Co-founder Dr. Rainer Meinke, Double-Helix™ magnet technologies today includes a comprehensive and growing intellectual property portfolio including 14 active patents comprised of over a 100 invention claims.

“Our IP includes enabling geometries and the implementation and manufacturing pathway for a family of novel magnetic solutions. This pathway led to enabling superconducting and copper-based magnet solutions with new 3D printed material based solutions in development. We produced, tested, and validated this at the Brookhaven National Laboratory in 2001” stated Dr. Meinke.

At the core of AML’s application development process is CoilCAD™. A proprietary design and manufacturing software platform, which dramatically accelerates time to market by exactly converting a specific theoretically “perfect” magnetic field of virtually any shape, into a fully functioning reality. As a result, magnet based products and solutions can achieve unprecedented capabilities and performance.
Private and government organizations have sought out Double-Helix™ for numerous applications including, motors and generators, charged particle beam optics for particle accelerators and cancer treatment, such as proton and carbon therapy.

“We are extremely proud and excited to have the international science community independently validate our technology and its high value to society and industry. The fact that others have tried and failed to patent our configurations proves the commercial value of this technology,” added Mark Senti, CEO and Co-Founder of AML.

AML has carefully developed and streamlined the process for research and industry participants to license and utilize AML’s solutions for high-impact applications.

“The path to manufacturing these magnets goes through AML, we’re here to be your partner for enabling and game-changing applications.” affirmed Mr. Senti.

Florida Company Leads Disruption of Electric Transportation

FORTUNE 100 and global companies seek out AML with their leading magnet applications to change the world.

MELBOURNE, FL — (January 25, 2018) – AML Superconductivity & Magnetics (“AML” or the “Company”) the world leader in the development of magnet-based applications, is pleased to announce a successful completion of fiscal year 2017. Applying bleeding edge magnet technology for disrupting existing and enabling new applications in the sectors of energy, medical, transportation and science – more breakthroughs are anticipated in 2018.

In the final quarter of the year the company met all their objectives for on-boarding Fortune 100 companies and strategic product developments for converging on the E-mobility market.

Given the global agenda for movement towards E-mobility with the electrification of transportation, AML is positioned uniquely with being the ‘go to’ partner for vehicles that utilize propulsion motors, including drone, vertical take-off and landing (eVTOL), airplanes, and large airborne generator companies. AML’s technology enables 30%-50% improvement in performance – equating to lighter and more efficient electric propulsion systems.

According to CEO Mark Senti, “AML is the world’s best at optimizing magnet-based products and applications. AML’s Technology Platform has redefined how magnets are designed, manufactured and applied. The result is an unprecedented increase in performance for existing products and the enablement of new applications. Competitors like GE, Siemens and ABB still utilize conventional magnet technologies fundamentally unchanged since first invented in the late 1800s.”

Leveraging a successful track record of project execution and a comprehensive IP portfolio of over 27 patents, proprietary design software, and manufacturing processes AML will continue to drive the movement towards a revolution with efficiency and performance of the highest power density electrical machines on the planet with the AML magnets inside.

AML’s business model works to strategically align technology with industry, customers and investors to jointly pursue high-impact applications in billion dollar plus markets. AML invites interested parties to connect with AML at: www.AML-Enabled.com or at info@amlsm.com.

AML CEO To Present To Investors At OktoberINVESTfest in NYC

MELBOURNE, FL –(October 1, 2017) – AML Superconductivity and Magnetics (AML) has been selected to present to over 250 investors and industry experts from the life science and tech sectors as well as government representatives at OktoberINVESTfest in New York City. This annual event, hosted by Invest in Bavaria, is celebrating its six-year of bringing together leading companies and financiers from around the world.

This event, held on October 25th, aims to foster innovation and transatlantic investment through connecting companies with growth opportunities in Europe, notably Bavaria, which is a top-tier region in Europe for medical devices, biotech, mobility and other emerging technologies.

Mark Senti, AML’s CEO will present the company’s investment and business strategies with an overriding objective to secure strategic and investment partnerships for commercialization of electric propulsion for electric aircraft such as drones, eVTOL (Electric Vertical Take Off and Landing vehicles) and next generation passenger aircraft.

AML’s enabling electric propulsion technology has the potential to set a new standard – the lightest and most efficient motors available today, which is a key component to the successful development of next generation transportation systems.

“With eVTOLs already in flight in the Middle East and with the U.S. expecting to have full operations of flying cars in less than 5 years, the future of electric aircraft is today,” stated Senti.

Over the past two decades AML has narrowed and refined its expertise to become a world leader in magnet and magnet application development. “Given that magnets are the heart of electrical propulsion, we believe that our efforts for enabling electric transportation (E-mobility) will change the world, “ added Senti. This lays the groundwork for disrupting multiple, multi-billion dollar markets.

About AML Superconductivity and Magnetics

Founded in 1995, Advanced Magnet Lab, Inc. (AML or d/b/a AML Superconductivity and Magnetics) is at the leading edge for the development of innovative products and solutions for energy, medical treatments and the environment. Combining their unique expertise with proprietary design software, magnet technology and manufacturing processes, the company has a long history of successful applications. Validated by the Department of Energy, NASA, international laboratories, universities and corporations, AML is at the forefront for applying superconductivity to power generation and distribution, advanced medical procedures, electric-powered transportation and wastewater treatment.

About Invest in Bavaria

Invest in Bavaria, the investment promotion agency of Germany’s largest, most innovative state – Bavaria. Bavaria is a top-tier region in Europe and the German #1 for medical devices, biotech and mobility. It’s capital Munich, as rated by the European Commission, is Europe’s #1 tech hub. The Bavarian U.S. Offices for Economic Development, LLC, is the representative organization for Invest in Bavaria in the United States.

Event Link

 

AML Superconductivity and Magnetics Attends Global Tech Summit

CEO Presents Plan to Advance Aerospace and Medicine with Core Technology

MELBOURNE, FL (October 1, 2017) – AML Superconductivity and Magnetics (AML) was recently invited to attend the Wyoming Global Technology Summit where CEO Mark Senti presented AML’s plan to advance aerospace and medicine with its game-changing core technology.

The summit was hosted by The Jackson Hole Technology Partnership (JHTP), a non-profit organization, founded on the principle of identifying new technologies relevant to rural populations and accelerating access to these technologies on a global scale. It’s founding members include current Wyoming Governor Matt Mead among other technology and business leaders.

The summit, held on September 19 – 20th, provided AML a platform for connecting with some of the most innovative minds in science and technology with some of the world’s leading visionaries. Mr. Senti participated in a series of talks addressing the leading advancements in life science, artificial intelligence, and electric aircraft.

Notably, Senti delivered a 30-minute talk, which highlighted AML’s enabling Technology Platform and how it is positioning the company to advance aerospace and medicine. During the presentation, Senti conveyed to the audience AML’s plan of “addressing the unmet challenges for practical electric aircraft propulsion and breakthrough medical solutions by utilizing the company’s enabling intellectual property.”

“We’re talking about making a significant impacts, a completely non-invasive and drug free method for removal of plaque in blood vessels is something you may see coming from our advancements with magnetic applications in medicine” he announced.

An emerging area of discussion at the summit was the development of electric aircraft, specifically known as eVTOL (Electric Vertical Take Off and Landing vehicles).

“These vehicles are already being demonstrated in Dubai and are set to be in full operation in the US in less than 5 years” Senti stated during his talk.

AML’s enabling electric propulsion technology has a strong opportunity to make waves in this market area, providing the lightest and most efficient propulsion motor option available for aircraft, leading the way for electric machines enable electric transportation (E-mobility). As a world leader in magnet development for electrical machines, the company is positioned to disrupt multiple, multi-billion dollar markets.

About AML Superconductivity and Magnetics

Founded in 1995, Advanced Magnet Lab, Inc. (AML or d/b/a AML Superconductivity and Magnetics) is at the leading edge for the development of innovative products and solutions for energy, medical treatments and the environment. Combining their unique expertise with proprietary design software, magnet technology and manufacturing processes, the company has a long history of successful applications. Validated by the Department of Energy, NASA, international laboratories, universities and corporations, AML is at the forefront for applying superconductivity to power generation and distribution, advanced medical procedures, electric-powered transportation and wastewater treatment.

About The Jackson Hole Technology Partnership (JHTP)

The Jackson Hole Technology Partnership (JHTP) is a non-profit, 29 U.S.C. 501(c)(3), entity, that was founded to identify new technologies relevant to rural populations and accelerate access to those technology on a global scale. The JHTP solves rural challenges by accelerating technologies that improve biotech and healthcare delivery, energy, information security, mobile banking, agriculture, transportation, communication and clean water and clean air. The JHTP hosts the Wyoming Global Technology Summit annually.  For more information visit:

Event Link

AML Appoints Aerospace Expert to the Board of Advisors

Melbourne, Florida: AML Superconductivity and Magnetics (AML) announced that Marshall L. Heard, retired Vice President of The Boeing Company was appointed to the Company’s board of advisors.

“Marshall has an exceptional background with over 50 years of experience in the aerospace industry including managing numerous dollar programs for Boeing. The addition of Marshall bolsters AML’s team for commercialization of AML’s electric aircraft propulsion motor business. AML is very fortunate to have Marshall’s sector experience in engineering, marketing, business development, and program management.”

Marshall L. Heard Bio

 

AML’s Magnet Technology Recognized As Enabler For Cancer Treatment

Through support from the Department of Energy, the Lawrence Berkeley National Laboratory (LBNL) in collaboration with Switzerland’s Paul Scherrer Institute and leading medical company Varian Technologies are applying AML’s enabling technologies for demonstration of next generation charged particle therapy beam optics for cancer treatment such as proton and carbon therapy.

Most oncologists regard particle therapy as the preferred choice for treating tumors, it utilizes magnets for steering, focusing and correcting particle beams for delivering protons to eradicate cancerous tissue with virtually no harm to healthy tissue. However, these large, hospital size facilities are very expensive and therefore limit availability to patients’ world-wide.

One key cost driver, is the very large and heavy magnets located on the particle beam delivery “gantry” which can weigh over 600 tons. The magnets are used to bend the beam around the gantry and deliver the beam to the patient.

AML’s Double-HelixTM technologies enables magnet configurations that uniquely address such issues. For applications such as particle therapy this includes: bent (canted) and highly-pure magnetic fields; combined function fields; high ramp rates; quench free stabilized structures all protected by a comprehensive patent portfolio.

AML Enabled – Alternating-gradient canted cosine theta superconducting magnets for future compact proton gantries.

AML Appoints Medical Device Expert to the Board of Advisors

Melbourne, Florida: AML Superconductivity and Magnetics (AML) announced that Michael J. Partsch, a venture capitalist, serial medical device entrepreneur, and presently CEO of privately held AcceleMed Management, Inc. was appointed to the Company’s board of advisors.

“Mike has an extraordinary background with nearly 25 years of medical device startup and company exit experience and we are delighted that he is joining AML’s team,” said Mark Senti, AML President. “The addition of Mike to the Advisory Board is perfectly aligned with AML’s strategy to leverage AML’s unique technologies currently applied in non-medical markets for medical device products.”

Partsch currently serves as CEO of AcceleMed Management, Inc., a privately held company located in San Carlos, Calif., a medical device innovation company dedicated to accelerating the development of medical device innovation. Partsch has been active in California’s Silicon Valley for over 10 years, bringing together technologies and clinicians for magnetic related treatments such as Transcranial Magnetic Stimulation (TMS). TMS uses magnetic fields to stimulate regions of the brain for treating depression, pain and addiction with strong potential for other neurological disorders such as Alzheimer’s and Epilepsy.

Michael J. Partsch Bio 

AML Expands Its Business Opening Of An Office In The Silicon Valley

Melbourne, Florida: AML Superconductivity and Magnetics (AML), currently celebrating its 20th Anniversary as a leading technology developer, announced today that it is moving its business development activities to the Silicon Valley. Now based out of Palo Alto, California, AML’s new business activities  leverages the Valley’s unique ecosystem of leading technology companies, research and the world’s hotbed for venture capital.

According to the Company’s Chief Scientist and Co-founder, Dr. Rainer Meinke, “I am extremely excited with this decision to put the company at center-stage for global deployment of our proven technology platform in new markets – such as game changing medical diagnosis and treatments.”

The move is expected to result in significant business engagements based on the strong value proposition for enabling high-impact applications within a business environment that thrives on next generation solutions for energy, medicine, water, and the environment.

“Business development activities will leverage AML’s existing relationships with leading organizations in the Silicon Valley to establish joint product developments, technology licensing and the creation of new medical device focused companies,” says Mark Senti, AML President, who will lead this initiative.