Strategic collaboration integrates SpinDrive’s active magnetic bearing technology into WEG’s electric motor portfolio, enabling industrial customers to achieve higher efficiency, oil-free operation, lower maintenance, and condition monitoring capabilities.

Hannover, Germany, April 21, 2026 - WEG S.A. (B3: WEGE3 / OTC: WEGZY), the world's largest manufacturer of electric motors, and SpinDrive, the leading supplier of advanced active magnetic bearing (AMB) systems, today announced a strategic partnership. Unveiled at Hannover Messe 2026, the collaboration will integrate SpinDrive's AMBs and built-in IoT condition monitoring into WEG's market-leading electric motor offering, creating an oil-free, maintenance-free drive solution designed for the demands of modern industrial processes.

By combining WEG's global manufacturing footprint and extensive distribution reach with SpinDrive's advanced AMB solution, the partnership paves the way for a new category of electric motors designed for high volume industrial applications. Beyond higher efficiency and reliability, this collaboration directly supports industrial decarbonization by reducing energy losses, eliminating oil systems, and lowering lifecycle emissions. The use of active magnetic bearings enables higher rotational speeds and increased power density, allowing more compact motor designs with a significantly reduced footprint, critical for space constrained and next generation installations. This collaboration positions AMBs as the new standard where efficiency,
sustainability, and performance are paramount, while SpinDrive's built in IoT capabilities provide continuous condition and performance monitoring with effectively maintenance free operation.
The partnership aims to serve applications that have oil contamination constraints, machines that work in harsh environments where higher reliability is needed, or stringent efficiency mandates make conventional bearing solutions increasingly difficult to justify. Together, WEG and SpinDrive will support OEMs and industrial end-users across compressors, blowers, turbines, pumps, turbomachinery, and high-speed spindles, among several other applications.

"The partnership with SpinDrive reinforces WEG's strategy to accelerate industrial decarbonization through more efficient and technologically advanced solutions. By combining SpinDrive's expertise in active magnetic bearings with our global electric motor portfolio, we are taking an important step toward increasing energy efficiency, reducing environmental impacts, and supporting our customers on their journey toward more sustainable operations," said Rodrigo Fumo, VP of Industrial Motors, WEG.

"Teaming up with WEG is a transformational step for SpinDrive. WEG's leadership and reach, combined with our active magnetic bearing expertise and IoT condition monitoring platform, means we can now bring our technology quickly to hundreds of thousands of motor installations," said Janne Heikkinen, CEO, SpinDrive.