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flag Volektra secures funding for its innovative Virtual Magnet motor tech, set to revolutionize multiple industries.

flag Electric drivetrain innovator Volektra secured funding to commercialize its Virtual Magnet motor technology, which replaces rare earth magnets with software-defined magnetic fields. flag This advancement aims to boost efficiency and performance across automotive, micromobility, industrial, and defense markets. flag The investment will help Volektra expand and reduce supply chain risks and costs.

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