Magstrom

Magstrom, a Swedish manufacturing startup founded in 2014, offers a disruptive technology called Active Magnetic Balancing, aiming to transform asset management of electrical machines. The flagship solution, UMPZERO™, leverages rotor poles in synchronous generators and motors as controllable electromagnets to neutralize harmful dynamic and static forces in real-time. This results in self-healing machines that prevent root causes to failure and contain the effects of mechanical imperfections, thereby reducing O&M spend, increasing uptime, and extending service life. Additionally, the system enables the relaxation of mechanical design parameters, thereby reducing the carbon footprint and manufacturing cost of new equipment. Magstrom's solutions provide cost reduction for industries such as hydropower, wind power, mining, steel & aluminum, paper, and maritime. The startup positions itself at the forefront of addressing the global energy challenge by making clean energy generation more affordable and enhancing energy-intensive processes. With no recent disclosed investments, Magstrom continues to demonstrate resilience and innovation in the manufacturing sector.