Carpenter Technology advances aerospace industry’s shift to electric

Carpenter Technology (NYSE: CRS) announced its involvement with multiple OEMs to progress their electric aircraft aspirations. Carpenter Technology will provide advanced soft magnetic expertise and ultra-efficient electrical components to be used in R&D and demonstrator motors and engines, leading to construction of lighter-weight, longer-lasting electric propulsion systems. Alongside its partners, Carpenter Technology’s goal is to enable development of the highest power density motors available.

Read more at Carpenter Technology Advances Aerospace Industry’s Shift to Electric.

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