Founding Date | Founding Date 2007 | Founding Date 2015 | Founding Date 2008 |
Type | Type Public | Type Private | Type Subsidiary |
Tags | |||
Locations | Locations Sharonville, US HQ Mason, US Union City, US Wixom, US | Locations Kortrijk, BE HQ | Locations New Delhi, IN HQ Kashipur, IN |
Employees | Employees 29810% decrease | Employees 25 | Employees 234 |
Financial | |||
Gross profit | Gross profit ($9.6m) (FY, 2025) | Gross profit €4.5m (FY, 2024) | Gross profit N/A |
Net income | Net income ($64.1m) (FY, 2025) | Net income €2.3m (FY, 2024) | Net income N/A |
Funding | |||
Total funding raised | Total funding raised $ 67.4m | Total funding raised $ 22.6m | Total funding raised N/A |

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