Key facts
- Modal Motors is developing electric motors that do not use rare earth magnets.
- Founder Michael Van Steenburg aims to create a U.S. supply chain for electric motors independent of China.
- The company is developing a small electric motor for drones, fans, blowers, and actuators.
- Modal Motors is also developing a flat, planar electric motor called the "Hybrid Enigma Drive."
- Van Steenburg has decades of experience in the automotive industry.
Modal Motors, a new startup founded by Michael Van Steenburg, is aiming to develop electric motors that do not rely on rare earth magnets, a move intended to further decouple the U.S. from China's supply chain. Van Steenburg, who has spent the last decade building electric motors in North America, believes this approach is crucial given China's past restrictions on rare earth products.
