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Volektra Raises Capital to Commercialize Virtual Magnet Motor for Mobility, Industry, and Defense

GlobeNewswire LogoGlobeNewswire1d ago

Volektra Raises Capital to Commercialize Virtual Magnet Motor for Mobility, Industry, and Defense - GlobeNewswire

Quick Summary:

We are thrilled to support their growth and the significant impact they will create in the years ahead.” Volektra’s Virtual Magnet motor leverages software-defined magnetic fields and an advanced coil architecture to match the performance of permanent magnet motors without using a single rare earth material.

SACRAMENTO, Calif., April 12, 2025 (GLOBE NEWSWIRE) -- Electric drivetrain innovator Volektra has secured a new funding round to commercialize its proprietary Virtual Magnet motor technology—an industry-first breakthrough that eliminates rare earth magnets through a radically reimagined motor architecture.

Founded to drive performance without compromise, Volektra reduces rare earth dependence while delivering scalable, sustainable solutions for micromobility, automotive, and energy applications.

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Article Details

Author / Journalist: Volektra

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-12 @ 08:44:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 699 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27803883

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Year Established: 1998

Headquarters: China

News Last Updated: 1 days ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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