FluxDrive Incorporated

FluxDrive Incorporated excels in designing and manufacturing magnetic couplings and adjustable speed drives, enhancing performance and longevity of rotating equipment across various industrial sectors. FluxDrive Incorporated was founded in 2003 in Sumner, US, and specializes in advanced magnetic coupling solutions. The company has undergone strategic adaptations but remains focused on its core business model. Chip Corbin, the founder and CEO, has a history of entrepreneurship in related fields.

As of March 2014, FluxDrive raised USD 1. 5 mn in a Series B funding round led by Alliance of Angels and Northwest Energy Angels, bringing the total amount raised to USD 1. 5 mn. The company has completed two deals to date.

Flux Drive specializes in the design and manufacture of magnetic couplings and magnetic adjustable speed drives, enhancing the life and performance of rotating equipment. Their core offerings include the Inline SmartCOUPLING and Belt-Pulley SmartCOUPLING, both providing adjustable fixed-speed control for energy savings in diverse applications. Additionally, the Flux Drive Adjustable Speed Drive (ASD) is designed for variable speed use, while the Flexible Coupling line targets constant speed applications. These products are particularly beneficial in harsh environmental conditions, being resistant to extreme temperatures, moisture, and chemical corrosion.

Flux Drive products are distributed across North America, Europe, Australia, Africa, and parts of Asia. Flux Drive generates revenue through direct business-to-business transactions, primarily targeting industrial clients that require rotating equipment. Products such as the Inline SmartCOUPLING and the ASD are sold through structured agreements or one-time purchases. The company emphasizes high-efficiency solutions that reduce energy use, with pricing reflecting long-term operational savings.

The products are designed for easy retrofitting to existing motor systems, appealing to various industries while specific pricing details remain undisclosed. FluxDrive is actively working on upcoming product designs, with plans to enhance existing magnetic coupling technologies. The recent funding round from March 2014 will support initiatives aimed at expanding into new markets, particularly targeting sectors in Asia and Europe by 2025. The company aims to leverage its innovative products to address emerging needs in these regions.