Wow... 🤯 AI-powered materials discovery portfolio company Materials Nexus has just created a novel permanent magnet 'MagNex'. Magnets are vital to green technology across the globe (EVs, wind turbines & much more) but MagNex is uniquely:- 🌿 rare-earth free 🏭 70% lower CO2 emissions 💰 20% lower cost 🚀 designed & created in 3 months (vs 50 years)!! And the best part? Magnets are just the beginning... 🔎 🌍 Congratulations to Jonathan Bean and the entire Materials Nexus team and here's to a net-zero materials future (in months, not years)! Katapult, Carl Strøm Walton, Tharald Nustad, Jonas Skattum Svegaarden #impactinvesting #climatetech #machinelearning #materialscience #innovation
Material discovery in months, not decades. Introducing MagNex - a revolutionary rare-earth free permanent magnet and ground-breaking demonstration of our AI materials discovery platform. 🔍 Transforming R&D: Designing and creating MagNex using our platform took just 3 months, 200x faster than traditional trial-and-error techniques. 🌿 A rare-earth alternative: MagNex can be produced at 20% of material cost and 70% reduction in CO2 emissions compared to the market-leading permanent magnets that contain rare-earths which are costly and damaging. 🚀 Making green-tech greener: MagNex would make EVs, drones, and wind turbines cheaper and greener as magnets are a critical component of all electric motors. 🌍 What’s next: We’re in a new era of R&D where new opportunities, previously unimagined, can be created. Our platform will be directed at other green technologies, such as semiconductors, superconductors, and green hydrogen to accelerate the green transition. “AI-powered materials design will impact not only magnetics but also the entire field of materials science" Jonathan Bean MagNex is just the beginning – watch this space! 🧠 Read more: Featured in The Independent https://lnkd.in/ejC8iwuG How we're revolutionising material science with New Atlas https://lnkd.in/efPvYWrr The applications of #MagNex with TNW https://lnkd.in/eAkpWZwv Special thanks to Iain Todd FREng Robert Deffley Henry Royce Institute The University of Sheffield who carried out the synthesis and testing of MagNex. Further thanks to our supporters Innovate UK Bruce Adderley Ada Ventures Matt Penneycard Francesca (Check) Warner Jasmin Thomas HTGF | High-Tech Gründerfonds MD One Ventures Founders Factory G-Force Marian Gazdik Louis Warner Cambridge Enterprise Chris Gibbs Carbon13 Katapult Allia Google for Startups KPMG KPMG UK Genuine Capital RMI Third Derivative Alexander Portz Social Tech Trust Digital Catapult Microsoft for Startups University of Cambridge Maximilian Scholz Deeptech Labs Shan Drummond Samos Investments #climatetech #machinelearning #ai #startups #materialscience #innovation