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...
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…
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.
Traxial Attends HARMONY Project EU Consortium Meeting in Spain
Traxial, MAGNAX's e-mobility subsidiary, recently attended the HARMONY Project EU consortium meeting in San Sebastian Spain, hosted by Ceit Research Center. The meeting brought together 20+ European partners working to strengthen Europe's rare earth magnet supply chain through innovative recycling…
Yokeless Axial Flux Topology as the Driver for Future Powertrains
The unique selling proposition of yokeless axial flux machines over their state-of-the-art radial flux cousins are: Up to 3x the torque density Up to 2x power density Typically 1/3 of the axial length Around 45% lower CO2 footprint 1. AXIAL…
The Practice: Resolving the Challenges
The following blog post is the third in a 4-part series based on a paper presented at the 2023 CTI Symposium in Berlin by Traxial founder Peter Leijnen. See Part 1, Part 2. and Part 4 1. THERMAL CHALLENGES Thermal…
Axial Flux Motors Versus Radial Flux Motors
Machines with a yokeless axial flux and radial flux permanent magnet have a lot in common. In fact, from an electromagnetic perspective, they are almost identical. Both work on the same electromagnetic principles, and both have copper windings, iron cores,…
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…
Magnax Closed a 16 Million Euro Series A Funding Round
On October 1, 2021, Magnax launched Traxial. Its subsidiary focusing on ground e-mobility. Magnax (Belgium) has secured a 16 million euro series A funding round. This investment will support Magnax in its mission to further develop and scale its ground-breaking…
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…