FluxWorks Wins Texas A&M New Venture Competition
FluxWorks, LLC, a Texas-based startup, has recently won the Texas A&M New Venture Competition, taking home the top prize at the state wide event. The company had to impress a panel of judges with a 20 minute pitch and Q&A session.
In addition to the $35,000 prize, the company made connections with 5 sponsors who they will continue to work with in the future. These sponsors include Aggieland Business Park, Brazos Valley Economic Development Corporation, Stibbs & Co., Knobbe Martens, and Versa Business Partners.
The startup was founded in 2021 with the intention of developing and commercializing magnetic gear technologies. These technologies are developed at the Advanced Electric Machines and Power Electronics Lab (EMPE) at Texas A&M University. These efforts culminated more than ten years of efforts of four generations of PhD students and millions of dollars of R&D yielding over 10 prototypes.
Machines with integrated magnetic gears are lighter, smaller, and less costly than any equivalent low rpm direct drive motor.
Bryton Praslicka, president and CEO of FluxWorks LLC, said they are pursuing the free drone market due to sector growth. With its magnetic gear technology, Praslicka said the company plans to reduce drone noise by 83% and reduce CO2 emissions by having more electric delivery drones up and running.
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