Employing the experience and core competencies of the firm's founders in the space of magnetic gearing, adjustable stiffness actuation and electrodynamic wheel maglev vehicles, Fluxmagic is structured around accelerating the transition to sustainable energy - developing high performing energy conversion devices for renewable energy applications and industrial applications. novel magnetic devices designed for renewable energy applications. The firm is utilizing powerful magnets arranged so that the fluxes can transfer energy from one moving part to another without physical contact; can operate without lubricants or heat transfer fluids and - potentially - are likely to have a much longer lifespan than traditional mechanical systems, enabling clients to get magneto-mechanical energy conversion devices for industrial and consumer use and to reduce CO2 emissions.