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

Green Car Congress

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

Green Car Congress

The funding will be used to market the company’s electric motor—the Hunstable Electric Turbine (HET)—across the electric vehicle (EV) industry as well as the micro-mobility (scooters), robotics, wind turbine and heating, ventilation and air conditioning (HVAC) industries. Numerous discoveries morphed into a new electric motor.