Business scale up of an AI tool for the optimal design of power converters

Magnetic components are essential parts of power electronics. However, they are perhaps among the least understood, and their design is often neglected until the end of the design cycle. This can result in significant delays in the delivery of new power electronics for new products, often with unsatisfactory results. The Spanish SME SP Control Technologies has developed software to optimise the design of magnetic components and to do so within a few hours rather than over several months, essentially eliminating the design bottleneck created by current methodologies. The market potential is huge. The EU-funded FRENETIC project is helping in the scale-up and testing of the technology and business model in a real operating environment, paving the way for its commercialisation.