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HET motor company Linear Labs raises $6M in new funding

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million partnership with the City of Fort Worth, Texas, was announced, which includes an incentive package involving Linear Labs’ plans to develop an advanced manufacturing facility. The 200 series motors are also 1.7 The 200 series motors are also 1.7 The new capital comes shortly after Linear Labs’ $68.9

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Linear Labs to begin mass production of high-torque M200 e-mobility motor in September

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million economic incentive deal with the City of Fort Worth. The company will start with an allocation of production that is distributed between itself and several Tier One sub-contractors in order to expedite the manufacturing ramp rate and delivery of motors to early customers. The announcement comes on the heels of a $68.9-million

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Linear Labs closes $4.5M seed round to fund commercialization of new electric motor technology

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Next-generation electric motor company Linear Labs (LL) closed a $4.5-million LL was established in 2013 after developing an entirely new methodology in the construction of electric motor and generator technologies that create more power while using less energy. This sets the LL Motor apart from conventional electric machines.

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Fort Worth approves $68.9M incentive package for Linear Labs for electric motor manufacturing

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The City of Fort Worth, Texas has approved a $68.9-million million economic incentive package for electric-motor-manufacturer Linear Labs ( earlier post ) to further solidify the city as the next tech innovation hub.

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US DOD awards MP Materials $35M heavy rare earth processing contract

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has been awarded a $35-million contract through the US Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy rare earth elements (HREE) at Mountain Pass. MP Materials Corp. Earlier post.). Earlier post.). Earlier post.).

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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

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General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

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GM makes its largest green energy purchase to date; 50 MW wind deal

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General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

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