Company Profile

MagneMotion
Profile last edited on: 10/31/2022      CAGE: 1LR11      UEI: MAKEMUKEJBC1

Business Identifier: NO Business Identifier is currently available for this company.
Year Founded
1996
First Award
1997
Latest Award
1999
Program Status
Inactive
Popularity Index
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Location Information

20 Sudbury Road
Acton, MA 01720
   (978) 461-5090
   info@magnemotion.com
   www.magnemotion.com
Location: Single
Congr. District: 03
County: Middlesex

Public Profile

Magnemotion develops and manufacturers linear synchronous motors and related control systems, including technology for maglev, elevators, material handling, assembly automation, packaging and other transportation initiatives. Its magnetic motors and magnetic motor technology used from roller coasters and thrill rides to launching aircraft and mass transit vehicles. The company has developed the MagneMotion's Maglev System (M3) for urban transit application. The Quickstick system is in developemnt for assembly line application.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
15-19
Revenue Range
1.5M-2M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
50-74

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
1999 1 Navy $69,887
Project Title: Modular Linear Motor Driven Shipboard Material Handling System
1998 2 NASA $670,000
Project Title: Shaftless, Magnetically Levitated Flywheel Energy Storage Systems

Key People / Management

  Richard D Thornton -- CEO

  Todd Webber -- President

  Mike Hannon -- CFO

Company News

There are no news available.