Magnomatics, the Yorkshire-based green technology company, specialising in the development of advanced magnetic transmission systems and high-torque electrical machines, has received a £100,000 Smart award to develop a second generation of its Magsplit power split device.
The device combines the functionality of a magnetic gear and a motor generator in a compact unit that improves the system efficiency, and therefore fuel economy, compared to the mechanical gear and motor/generator combination found in many modern hybrid cars.
Magnomatics is currently working with a leading global car manufacturer on a project funded by the UK government's Technology Strategy Board (TSB) to evaluate the application of the technology in hybrid cars and its new device is said to be attracting interest from other vehicle manufacturers.
In a separate project, also funded by the TSB, Magnomatics is working with a large, international truck and bus manufacturer, to evaluate the application of Magsplit for larger commercial vehicles.
In 2012 Magnomatics secured £2.5 million funding to develop magnetically geared motors and generators for the hybrid and electric vehicle market. £1.06 million was provided by IP Group which was matched by Finance Yorkshire. Fusion IP also invested £366,000 in the technology.
Magnomatics managing director Chris Kirby (pictured) said the Smart award would allow us the company to recruit high calibre experts, allowing it to dedicate more resource to develop the device.
Magnomatics is a spin-out company formed in 2006 from the research group in Electrical Machines and Drives at the University of Sheffield.