Magnetic Systems Technology

United Kingdom
Sheffield, England, United Kingdom

Company profile

Magnetic Systems Technology company profile

Magtec designs and manufactures electric drive systems and components for all vehicle types. Magtec routinely undertakes the electric system installation design including all interfaces with the existing vehicle systems to meet the required EMC and safety standards. This will normally include the vehicle control system software development including CAN network interfaces and bridges. The company will work with a customer’s design team to develop the mechanical installation of the drive system into a vehicle. Magtec will also undertake the complete mechanical installation design if requested. Magtec has a highly skilled service department which together with our remote diagnostic tools allows us to provide after sales service and support worldwide. Magtec will also provide training to vehicle fleet operators or vehicle OEM's service agents as required.

Business identity

Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0+
Founded
1992-01-01, Year

Headquarters

Country code
GB
Continent
Europe

Capital profile

Funding and company signals

Funding rounds
3
Total equity funding
$1.6M
Last funding
Grant / 2025-05-07
Last equity funding
Series Unknown / $1.6M
Investors
3
Lead investors
2
Founders
1
Articles
3

Founders and investors

Founders

Marcus Jenkins

Lead investors

Advanced Propulsion Centre UKInnovate UK

Investors

Advanced Propulsion Centre UKEISMEAInnovate UK