Founding Date | Founding Date 2007 | Founding Date 2015 |
Type | Type Public | Type Private |
Tags | ||
Locations | Locations Sharonville, US HQ Mason, US Union City, US Wixom, US | Locations Kortrijk, BE HQ |
Employees | Employees 29810% decrease | Employees 25 |
Financial | ||
Gross profit | Gross profit ($9.6m) (FY, 2025) | Gross profit €4.5m (FY, 2024) |
Net income | Net income ($64.1m) (FY, 2025) | Net income €2.3m (FY, 2024) |
Funding | ||
Total funding raised | Total funding raised $ 67.4m | Total funding raised $ 22.6m |

Magnax is a company that develops and manufactures yokeless axial flux motors.
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