- ExOne Co XONE collaborates with Tennessee-based startup Maxxwell Motors to develop a unique copper e-winding design for its axial flux electric motors, which can be used in electric cars as a range of other heavy-duty vehicles and industrial devices.
- Maxxwell holds nine U.S and global patents and has launched two products, a 10 kW air-cooled motor-generator and a 150 kW liquid-cooled motor.
- ExOne and Maxxwell have successfully proved a new concept for binder jet 3D printing, a high-efficiency design in copper that eliminates many of the challenges of traditional manufacturing.
- Price Action: XONE shares are trading lower by 3.33% at $23.065 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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