Applications for our Magnetic Materials
Automotive Applications
Two Planet Steel’s powder production technology arrives at a crucial moment as the automotive industry moves toward widespread electrification. Our carbonyl iron powders offer exciting improvements in the production of DC/DC converters for EVs. These improved DC/DC converters would be smaller and lower-mass, offering two benefits that automotive suppliers consider important advantages. First, by reducing the size and mass of DC/DCs, manufacturers should be able to produce a more energy-efficient car. This, in turn, can increase an EV’s range. Second, these improved DC/DCs would free up space within the body of the car, allowing engineers to further optimize the overall performance of EVs. These advantages are high-priority objectives for EV manufacturers. As the automotive industry accelerates its shift to electric vehicles, Two Planet Steel’s powder production technology could play a pivotal role in advancing the industry’s sustainability goals and driving further innovation in vehicle design.
Other DC/DC Applications - Cellphones and Power Transmission
DC/DC converters can be made at different sizes ranging from very small to very large. These DC/DC converters are used in many devices from the cell phone in your pocket to giant power distribution substations for the electricity grid.
Other Applications
While our focus on automotive applications is exciting, the applications for our technology extend beyond this. Our other main areas of interest include recycling, metal injection molding, critical metals mining, and sheet metal production on Mars. These other areas of interest are all ripe for future expansion of the company’s activities.
