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

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They are essential inputs to many critical defense and commercial technologies, particularly permanent magnets instrumental to the performance of electric vehicles, wind turbines, drones, and missile systems. HREEs have higher atomic weights and are generally less abundant than light rare earth elements (LREEs). Earlier post.).

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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. Copper savings. Toroidally discrete would coils maximize sstator slot fill factor to approximately 90%.