SpinDrive

Company Description

SpinDrive improves the energy efficiency of industrial processes by providing active magnetic bearing (AMB) system with IoT condition monitoring for the high-speed machinery sector. We reduce rotating equipment lifecycle costs by 35% enabling multimillion savings and a potential to mitigate above 0.5 Gton of CO2 emissions annually. SpinDrive has 6 multibillion customers as as leading OEMs in our beachhead market. Our frictionless magnetic bearings levitate the rotational part of the electrical machine totally eliminating friction – our solution is based on the same operating principle as Japanese Maglev trains.