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China Supply Chain

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Modal Motors builds electric motors without rare-earth magnets, targets Disrupt pitch

Startup Modal Motors, founded by Michael Van Steenburg, is developing electric motors that avoid rare-earth magnets altogether, aiming to manufacture in the U.S. rather than rely on Chinese supply chains. The company is preparing two products—a small drone motor and a flat 'Hybrid Enigma Drive' motor—ahead of its appearance in Startup Battlefield 200 at TechCrunch Disrupt next month.