Magnax Featured in Emprendedores (ES): 7 European Deep-Tech Startups
June 3, 2026 | Pilar Alcázar Startups deeptech con propuestas muy impactantes para sectores clave de futuro como el aeroespacial, defensa, movilidad...
Women in Engineering: Aurélie Villemur on materials, motors and circular design
April 30, 2026 | Harmony Project EU As part of our Women in Engineering series, we spoke with Aurélie Villemur, Materials Engineer at Traxial (a Magnax company). Her work focuses on materials performance and durability in electric motors, including how to design systems that integrate…
Millions injected into Magnax: from engineering to mass production
April 10, 2026 | Belgian deep-tech player Magnax is making the leap from engineering to industrial scale. With an investment of €35.5 million from Pan-International Industrial Corp. and partners from the Foxconn Group ecosystem, the technology for axial flux motors is getting a global rollout.…
Foxconn invests 35.5 million euros in Belgian axial flux motors
April 8, 2026 | Tom Cassauwers | 2 minute read | Leuk dat je geïnteresseerd bent in onze artikelen. Prima als je deze tekst bewaart in je persoonlijke archief. Op ons werk rust echter auteursrecht. Geheel of deels kopiëren om…
Belgium’s Magnax secures €35.5 million with Foxconn backing to industrialise axial flux motor technology
April 6, 2026 | Rahul Raj | Magnax, a Kortrijk-based DeepTech company specialising in yokeless axial flux electric motor technology, has secured €35.5 million from Pan-International Industrial Corp., together with Foxconn Group and incoming management members, through a two-stage capital…
Taiwanese giant Foxconn invests 35 million in Magnax e-motors from Kortrijk
March 31, 2026 | 15:16 | Wim De Preter The Taiwanese-Chinese group Foxconn is acquiring a majority stake in Magnax, a Kortrijk-based developer of innovative electric motors. Together, they plan to produce them industrially starting next year. The essence Taiwanese Foxconn has…
Foxconn Group to Invest in Magnax to Boost Humanoid Robotics | Traxial/Magnax
January 21, 2026 | TAIPEI (Taiwan News) — Foxconn and its subsidiary Pan-International Industrial Corp. will invest NT$1.18 billion (US$37 million) to acquire a 52% stake in Belgian startup Magnax, aiming to advance humanoid robot development.
Who will win the innovation race? “If we do not cooperate with China, we will be wiped out in Europe.”
June 1, 2025 | Veerle De Vos | 8:40 In recent years, China has been focusing all its efforts on innovation. The country aims to transform itself from the world's factory into a leader in new technology and is investing…
Kinetic Kings: Inside Motorsport’s Axial Flux Motor Revolution | Race Engine Technology
February 27, 2025 | The popularity of electric and hybrid powertrains in motorsport continues to grow. New categories for EVs are appearing, and a number of existing internal combustion engine (ICE) formulae are mandating the use of hybrids that include…
“Building Hardware for the AI Era” – Daan Moreels on the Future Forward Podcast
November 27, 2024 | Revolutionizing electric motors, robotics, and the future of deep tech with Magnax cofounder, Daan Moreels. In this episode of Future Forward, Davio Larnout, CEO at Superlinear, sits down with Daan Moreels, Co-founder of Magnax, to explore…
Why design-for-manufacture could make Traxial axial flux motors go mainstream
April 11, 2024 | E-Mobility Engineering Touted as the future of EV propulsion, axial flux motors are more compact, lighter and offer higher power and torque densities than their radial flux counterparts. Until now, they have been exceedingly hard to…
Bright Founders Talk: Through the Lens of Daan Moreels — Photography, Entrepreneurship, and Purpose
January 17, 2024 | Hosted by Rusana Shkraban In the ever-evolving realm of technology, we often come across stories of people who defy the norm, showcasing not only their versatility but also their relentless spirit of innovation. Today, we bring…
Bright Founders Talk: Kester Goh on Axial Flux Motors, Smart Fundraising, and the Entrepreneurial Journey
December 21, 2023 | Hosted by Rusana Shkraban | Fluxing the Future: Kester Goh’s Deep Dive into Revolutionary Motors & the Art of Smart Fundraising Kester Goh on Axial Flux Motors: Bridging Past Innovation & Future Mobility In the ever-evolving…
Inside Magnax: Founders Peter Leijnen & Daan Moreels on Axial Flux Motor Technology
December 6, 2023 | Ryan Maughan | For this episode Ryan Maughan speaks to Daan Moreels and Peter Leijnen, from the axial flux motor technology business Magnax. Daan and Peter tell Ryan about their journey and how they came to…
Daan Moreels on Raising €20M for Axial Flux Innovation | Beyond the Blend Podcast
September 2, 2022 | Beyond the Bland | Podcast by Alberts In this episode, we welcome Daan Moreels, co-founder of MAGNAX, on the Beyond the Blend podcast. Glenn asks Daan all about finding investors, being able to handle hearing more…
Belgium 10th largest scale-up country in Europe
January 8, 2022 | Bloovi Editorial Team | Start-up from Deinze raises 16 million euros in fresh capital Automotive start-up Magnax , which saw the light of day in a garage in Deinze in 2015 and developed a revolutionary electric motor,…
Limburg Native Peter Leijnen Develops the Electric Motor of the Future
April 24, 2021 | Belgian regional newspaper HBVL spotlights Magnax co-founder Peter Leijnen: the Hasselt-based engineer who developed an axial flux motor from his garage that is three to four times lighter than traditional electric motors — and poised to…
Peter Leijnen: “Pure technique”
March 2, 2021 | Luc De Smet | Last Christmas, the innovative electric motor manufacturer Magnax from Deinze received 16 million euros to grow in the automotive sector. We spoke with Peter Leijnen (48), founder and CTO of Magnax. ENGINEERINGNET.BE…
Axial Flux motor manufacturer Magnax is growing
January 7, 2021 | During the Christmas holidays late last year, innovative electric motor manufacturer Magnax received 16 million euros to expand in the automotive sector. The company also has many open vacancies. ENGINEERINGNET.BE - Peter Leijnen (48), founder and…
Is the next Elon Musk from Deinze? These Flemings are building the electric motorcycle of the future.
December 31, 2020 | Ruben De Keyzer | It is quite possible that the next Elon Musk will come from Deinze. Technology startup Magnax has raised 16 million euros following an initial investment round for its electric motorcycle of the…
Residents of Deinze build the electric motorcycle of the future
December 24, 2020 | Marc De Roo | The start-up Magnax has developed a new electric motor that delivers three to four times more power than the best-in-class motors in e-cars. It plans to start assembly in 2022. https://www.tijd.be/ondernemen/auto/deinzenaars-bouwen-e-motor-van-de-toekomst/10273771.html
IEEE Spectrum: This Inside-Out Motor for EVs Is Power Dense and (Finally) Practical
By Daan Moreels, Peter Leijnen | 30 September 2019 | 10 minute read THE WORLD IS ELECTRIFYING FAST. Manufacturing processes, cars, trucks, motorcycles, and now airplanes are making the move to electrons that Edison predicted more than a century ago. And they are all…
Magnax gets…wheels
January 24, 2019 | Luc De Smet | Magnax, the Ghent-based start-up that developed an axial flux motor, is now resolutely shifting from a focus on wind energy, in which the motor becomes a generator, towards mobility applications. ENGINEERINGNET.BE –…
The Next Generation of Direct Drives – Whitepaper
June 6, 2018 | In this white paper, Daan Moreels and Peter Leijnen of Kortrijk-based Magnax dot the i's and cross the t's regarding their Axial Flux Permanent Magnet (AFPM) technology. ENGINEERINGNET.BE - Their rallying cries: more efficient and more…
Magnax ushers in new Innovative technology for new generation wind turbines
September 13, 2017 | Vraag & Aanbod Editorial Team | With its motor prototype based on Axial Flux technology, the Belgian start-up Magnax ushers in a new generation of generators for wind turbines. The main advantages are higher performance, greater…