TECHNOLOGY SUMMARY

CleanMag is a novel magnetic materials technology for smaller, lighter, and more efficient power electronics. It is a novel material that enables higher efficiency power converters and transformers, consumer hardware, robotics and manufacturing, solar and wind turbines, and more. The CleanMag magnetic cores are 20% more efficient and 50% smaller.

AREA/MATURITY/AWARDS

Primary Application Area: Materials, Chemical

Technology Development Status: Prototype

Technology Readiness Level: TRL 4

Vetted Programs/Awards: Delaware Division of Small Business EDGE Grant, $100,000, 12/20/21

SHOWCASE SUMMARY

Organization Type: Early-stage Startup (Seed)

Website: http://www.cmmaterials.com

Showcase Booth #: T36

GOVT/EXTERNAL FUNDING SOURCES

External Funding to Date: $875,000 raised of Seed funding.