MagDrive LLC is developing novel intelligent systems for controllers, electric generators and electric motors. The applications are focused on clean industries such as renewable energy and electrical propulsion for hybrid and plug-in hybrid vehicles. The first products to incorporate MagDrive technology are small wind turbines. These wind-powered electrical systems are designed for use in homes, farms, and small businesses, and they generally have a capacity below 100 kW.

According to the American Wind Energy Association, the market that MagDrive is addressing will be enjoying sales of $1 billion in 2013. Using its technology, MagDrive LLC’s components are expected to make existing small wind turbine systems easier and cheaper to manufacture while increasing reliability and substantially boosting energy efficiency.