Ferric has been awarded $300,000 by the U.S. Department of Energy to develop new design automation tools for on-chip magnetic components. "Ferric's partnership with the DOE will leverage high-performance computing resources to dramatically reduced the cycle time and cost associated with designing power converters with integrated magnetic devices," said Mike Lekas, Director of Engineering, Ferric. You can read more about the award and the HPC4Mfg program here by clicking on Fall 2018: