Friday, February 7, 2025
News
NEWS HOME
»
PRN INDIA
Nd-Fe-B Permanent Magnet developer wins 2022 Queen Elizabeth Prize for Engineering (QEPrize)
  SocialTwist Tell-a-Friend  
   

Dr Masato Sagawa awarded the world's most prestigious engineering accolade for the development of the sintered Neodymium Iron Boron permanent magnet.

LONDON, Feb. 1, 2022 /PRNewswire/ -- The 2022 Queen Elizabeth Prize for Engineering (QEPrize) is today awarded to Japan's Dr Masato Sagawa for his work on the discovery, development and global commercialisation of the sintered Neodymium Iron Boron permanent magnet  - the world's most powerful permanent magnet - which has been transformational in its contribution towards enabling cleaner, energy saving technologies.

Dr Sagawa was announced as the winner of the 2022 QEPrize – awarded annually to celebrate the critical role that engineering plays in global society – by Lord Browne of Madingley, Chairman of the Queen Elizabeth Prize for Engineering Foundation.

Dr Sagawa pioneered the development of a sintered rare-earth permanent magnet, the sintered neodymium-iron-boron (Nd-Fe-B) magnet. His breakthrough innovation was the creation of a new compound formed by replacing scarce and expensive cobalt and samarium with more abundant and cheaper iron and neodymium, and at the same time introducing boron to improve the magnetic properties – the first step in delivering high performance to a mass market.

Dr Sagawa then led the research and development in the 1980s and early 1990s to successfully overcome the issues of sudden reduction of magnetic coercivity at high temperature, most notably by adding dysprosium (Dy) to improve heat resistance. This resulted in the development of high-volume manufacturing techniques which successfully commercialised his innovation. For even wider applications, he continued to develop novel techniques for reducing the amount of dysprosium or even eliminating its use to help preserve natural resources.

The result was a new magnet for the mass market that almost doubled the performance of the previous best and successfully turned Nd-Fe-B magnets into a viable industrial material with wide applications. The new magnet has a significant advantage in high-efficiency and high-torque density applications, such as motors and generators for electric vehicles and wind power generation, and in more general applications where small powerful magnets are required, including robots, automation systems and domestic appliances.

Not only is the Nd-Fe-B market predicted to be worth over $19.3 billion by 2026, but this type of permanent magnet is also essential to the value chain of 8.5 million electric vehicles and hybrid electric vehicles in use globally, demonstrating a prolific impact on the entire economy.

"Receiving the Queen Elizabeth Prize for Engineering is a special moment for me, as this prestigious prize encapsulates what engineering is all about.  The purpose of engineering is to benefit humankind, and this award inspires engineers to keep working towards their goals. Engineering is essential to solving today's most pressing issues, and this includes tackling climate change. While neodymium magnets have a wide range of applications, one of the most important is its use for climate economy products, such as electric vehicles and wind turbines. I am therefore honoured to be part of the engineering profession's contribution towards the fight against climate change, and equally as honoured to receive this unique prize," said Dr Masato Sagawa.

"This innovation is inside almost every electric vehicle, and its application ranges from the smartphone in your pocket to offshore wind turbines providing clean energy – a material that is supporting our way of life today and our way of life in the future. That's the essence of engineering; producing and delivering for humanity again and again. Dr Masato Sagawa's permanent magnet is the embodiment of that very essence". Lord Browne of Madingley, Chairman, Queen Elizabeth Prize for Engineering Foundation  

"The Queen Elizabeth Prize for Engineering is a true celebration of the achievements of engineering worldwide, and how they benefit the planet. It is a fantastic vehicle for engaging people of all ages to demonstrate how engineering impacts our daily life. This year's prize is awarded to Dr Sagawa and his innovation of sintered neodymium magnets – an innovation which has had such an impact both on the way we live now, and how we will live in the future, especially as we look towards a greener one." Professor Dame Lynn Gladden, Chair of the QEPrize Judging Panel

Dr Sagawa will be formally honoured at the QEPrize presentation ceremony later this year. He will receive £500,000 and a unique trophy, designed by the 2022 Create the Trophy winner Anshika Agarwal, aged 17 from India.

Marking a significant milestone in the evolution of the QEPrize, Dr Sagawa becomes the first laureate since it was announced that the Prize will be awarded annually, rather than bi-annually. Reflecting the increasing pace of engineering innovation, this step change will offer further opportunities to recognise excellence across the whole field of engineering.

To find out more about this year's winning innovation, visit www.qeprize.org/winners

Interview Requests

For more information or to request an interview with any of the judging panel please contact qe@edelman.com    or:

Lucy Harding  

 lucy.harding@edelman.com  

+44 (0) 7581 022783

Sophie Isles        

 sophie.isles@edelman.com              

+44 (0) 7812 734731

Daniel Rowland        

 daniel.rowland@edelman.com

+44 (0) 7423 417011

 

More News by PR Newswire India

/DISREGARD RELEASE: Bybit/

Kushal's Fashion Jewellery Festive Collection, adorned by Tara Sutaria, beautifully combines glamour and elegance

Unilumin Group Signed an Agreement with Saudi Arabia in the Third Belt and Road Forum for International Cooperation

Transport Corporation of India Ltd. (TCI Group) has been recognized as a Maritime Excellence Achiever at GMIS 2023 by The Ministry of Ports, Shipping & Waterways on 19th October 2023

Bitget Introduces 'Futures Quant' With AI Features

Bitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders

HarperCollins Publishers India is proud to announce the publication of SPREADING JOY: How Joyalukkas Became the World's Favourite Jeweller by Joy Alukkas with Thomas Scaria and Nidhi Jain

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

MOVIN rolls out the second phase of Electric Vehicles in Bengaluru paving the way for greener deliveries in logistics

Motilal Oswal Financial Services Ltd. (MOFSL) launches #CorporateMushaira, an audio-first campaign for the World Investor Week

UBBF 2023 Intelligent IP Network Summit in Dubai an Impressive Success

Placing Them Right: IBS Path to MBA Career Success

HDFC ERGO reiterates its commitment on making health insurance Accessible, Affordable and Convenient with launch of 6 new products and 2 service upgrades

capSpire expands its global footprint with entry into the Singapore market

GTPL Hathway records its highest quarterly revenues from operation

CCTV+: International reporters experience the romance and vitality of Hangzhou, China

STL expands its Enterprise Networking solution portfolio with Estelan

Mantittude: Skincare for Men encourages men to unleash their inner 'Pataka' this Diwali

The 134th Canton Fair Opened with Optimized Structure and Upgraded Scale

MADAME TUSSAUDS SINGAPORE UNVEILS LIFELIKE FIGURE OF CRICKET ICON VIRAT KOHLI AMIDST ICC MEN'S CRICKET WORLD CUP!

Ugreen unveils power solutions and personal data storage at the Gitex Trade Show in United Arab Emirates.

Meridean Overseas Education Consultants Announces Half-Day Leave to Celebrate India vs. Pakistan Cricket Match

Xinhua Silk Road: Huai'an, UNESCO creative city of gastronomy, explores innovative dev. of food industry via premier regional food expo

Xinhua Silk Road: Fengxin County in E. China's Jiangxi celebrates bountiful harvest of kiwifruit

Casio to Release G-SHOCK Watches with Shining Metallic-Colored Dials

UEG Week 2023 : Babies with a low birthweight four times more likely to develop fatty liver disease in later life

CGTN: Diffusion of tea and its culture along the Silk Road

NEOM announces Leyja, its latest sustainable tourism destination

Expand North Star 2023 kicks off in Dubai gathering game-changing start-ups to accelerate on global stage

World Health Summit kicks off in Berlin

Hexaware Technologies announces new office in Dehradun to bolster its global delivery network

Chinese automotive industry has overtaken to supercars

Participants of the Made in Russia business mission to India held more than 150 negotiations with local importers and distributors

Rummy Passion Raises the Bar: Instant Withdrawals Now Available for All Tiers

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Punjab: BSF recovers Pakistani drone fro...
Uttarakhand CM presents medals to cyclis...
'I hope strict action is taken': Father ...
Beyond karma, beyond atonement: A conver...
Delhi's air quality improves to 'moderat...
Several schools in Delhi, Noida receive ...
More...    
 
 Top Stories
AAP leaders arrive at Kejriwal's re... 
Experts cheer repo rate cut, budget... 
Prayagraj: Fire in Mahakumbh Mela a... 
Legend 90 League: Gurkeerat powers ... 
Harshit Rana 'ready' to take respon... 
From OYO to alt.f coworking: The Fo... 
National Book Trust India Introduce... 
US Court extend deadline for federa...